Modern Medical Modalities Corporation Plans to Expand Its Healthcare Management Services & Network Using Proprietary Web Based Enterprise Information System

Business Wire, May 21, 2007

UNION, N.J. -- Modern Medical Modalities Corporation (OTCBB: MODM) announced today that it is implementing a significant growth plan that includes the expansion of its healthcare management services that can be supported with its unique, web-based, enterprise information system. Our management services include an array of outsourced business and administrative process services that are provided to networks of healthcare facilities in the estimated $75 billion in annual revenues market segment. The targeted organizations are expected to include multi-specialty outpatient clinics that are owned by various participants in the healthcare cycle including large physician groups, hospitals, employers, and insurance companies. In order to maximize the opportunity, we plan to use an advanced information system and acquire customer base to prove our business model, demonstrate the effectiveness of automated process improvements, and create sufficient financial stability to attract larger customer contracts.

We believe that our unique, web-based enterprise information system has 3 distinct advantages over other systems. First, our unique system is based on a portable common platform that allows the Company to provide several healthcare information based solutions in real-time, over the web, and within an efficient operating environment that, by design, integrates all processes in the enterprise and delivers results in a common view, which can significantly reduce duplicity of effort and improve customer service. Second, our unique system allows us to include and utilize more smart expertise in the database to virtually fully-automate the healthcare processes which reduces paper processing and manual intervention, and allows us to better respond to inevitable on-demand customer requests and meet their customized needs. Third, our unique system provides adaptable online management dashboards based on business intelligence built into our advanced database that is used to monitor key indicators and results on a real-time basis across the enterprise to effectively manage our expansion and profits associated with the planned acquisitions of companies and related customer bases.

We are pursuing a rapid growth, business acquisition program to gain market share and are actively seeking accretive acquisitions of other outsourcing business and administrative services companies such as billing and claims processing companies. We believe that these acquisitions can be consolidated into our network, and our system can be used by the acquired companies to realize improvements that include the expansion of their market share and the increase in productivity and profitability. Additional market share can be obtained by offering our additional value-added business and administrative services to the current customer base to generate new revenues and higher profit margins. Increased productivity and profitability can be achieved by implementing our information system to further automate the daily healthcare processes. Through accretive acquisitions and the utilization of our unique system, we believe that we can expand at a relatively faster rate than many of the comparable companies and create industry leading profit margins and enterprise value.

Note on Forward-Looking Statements:

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Modern Medical Modalities Corporation undertakes no obligation to update publicly any forward-looking statements.