OXFORD, Miss., Oct. 2, 2006 (PRIMEZONE) -- Modern Technology Corp (OTCBB:MODC), a diversified technology development and acquisition company, today announced its subsidiary, Insight Medical Group, has signed a Letter of Intent to acquire 100% of the assets and intellectual and technology rights to the Boveran iCyte cancer detection system. Insight Medical Group will be the operational arm bringing this technology to a multi-billion dollar international market.
