Modern Holdings

Modern Holdings, Inc. Makes Investment in Kodi Klip, Corp. (Nashville, TN)

june 02, 2008

SUMMIT, NJ, June 2, 2008: Modern Holdings Incorporated, an investment company based in Summit, NJ, today announced an investment in Kodi Klip Corp. Located in Nashville, TN, Kodi Klip has developed an innovative solution for connecting steel reinforcement (rebar) used in concrete construction applications. Made from a high-strength, non-corrosive, polycarbonate resin, the Kodi Klip significantly increases productivity, while reducing liability inherent with construction sites. "Modern Holdings sees a great deal of opportunity in the market Kodi Klip addresses. We are enthusiastic about the opportunity to participate in this exceptional venture", said Henry Guy, President & CEO of Modern Holdings.

With offices in Stockholm and New Jersey, Modern Holdings is an investment company which makes investments in privately held companies, public equities and real estate in the United States and in Europe. In addition to investing capital, the Modern Holdings team invests its experience with a hands-on approach to overseeing and managing investments.