Modtech Holdings, Inc. Announces Changes in Southeast Management; Developing Cohesive Response to Hurricane Katrina

Business Wire, Sept 19, 2005

PERRIS, Calif. -- Modtech Holdings, Inc. (Company) (NASDAQ:MODT) has named Brad Archer Vice President of Business Development and Jim Goulden as General Manager - Southeast Region as ongoing steps to develop a cohesive response to Hurricane Katrina and to continue developing the Company's long-term capacity requirements.

Archer, 35, is responsible for the Company's immediate response to Hurricane Katrina, building relationships with businesses, customers, and government entities, managing market and business growth, and establishing any long-term capacity requirements. Archer joined Modtech(TM) in March 2004 as VP of Sales. In September 2004, Archer was named General Manager of the Southeast Region where he has recently increased capacity by 50% through the addition of a production line. Prior to joining Modtech(TM), Archer held leadership positions with Resun Leasing and GE Modular Space, and has 14 years of experience in the modular industry.

Goulden, 44, joined Modtech(TM) in March 2005 as Vice President of Supply Chain, initiating and leading major improvements to inventory management, vendor relations, and material flow. Goulden has strong operational experience in continuous improvement and lean manufacturing. This background is coupled with sound financial management skills, which will allow for a smooth transition to his new position of General Manager of the Southeast Region. Prior to joining Modtech(TM), Goulden held leadership positions at CHEP, APW Thermal Management and U.S. Filter. He holds an MBA from the University of Virginia Darden School of Management, and a Bachelor of Science degree from the U.S. Merchant Marine Academy.

"Modtech(TM) is growing, and we are thankful that we have such terrific talent already within the Company to move into these critical roles," CEO David Buckley stated. "We are working to assist with the Gulf Coast Region recovery efforts, and are making the necessary adjustments to position the company to effectively provide hospital systems, school districts, and other commercial customers with their space requirements."

For information about Modtech(TM), visit the Company's website: http://www.modtech.com or call us toll-free at 888-929-0998.

About Modtech Holdings, Inc.

Modtech(TM) is a leading national designer and manufacturer of modular buildings, both permanent and relocatable. In the school industry, the Company has advanced typical modular building technology to greater dimensions of flexibility and architectural integrity. Modtech(TM) has substantial product and geographic diversification throughout the southwestern states, Florida and Texas. Modtech's commercial and industrial buildings are sold to a diverse end-user market and may be leased through national, regional, and local dealers. The Company also designs and manufactures modular buildings to customer specifications for a wide variety of uses.

Some statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. Refer to the Company's filings with the Securities and Exchange Commission for further discussion of such factors. The forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update such statements.