MODERN HOLDINGS INCORPORATED, INVESTS $2 15MM IN ACCESS INTERNATIONAL GROUP, LLC

Released on: January 25, 2008, 1:54 pm

Press Release Author: Robert Dineen

Industry: Financial

Press Release Summary: SUMMIT, NJ, Jan 25, 2008: Modern Holdings Incorporated, an
investment company based in Summit, NJ, today announced a $2.15 MM investment in
Access International Group, LLC ('Access').

Press Release Body: Located in Dallas, TX, Access seeks to identify, roll-up and
manage a portfolio of complimentary property & casualty insurance MGA's &
wholesalers. Organized as a shared services organization, all future acquisitions
will leverage the benefits of a shared platform for marketing, general &
administrative services. "Modern Holdings is excited to invest in Access and to gain
an entrée within the specialty insurance industry. We are very happy to play a part
in Access fully realizing its long term potential", 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.

For additional information on Modern Holdings or Access, you may visit the website
at www.modernholdings.com , call (908) 378-2864 or e-mail
rdineen@modernholdings.com.


Web Site: http://www.modernholdings.com

Contact Details: Robert Dineen
89 Summit Avenue
2nd Floor
Summit, NJ 07901
P: 908.378.2864
F: 908.376.7104
rdineen@modernholdings.com

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