About Raj Soin

Raj Soin was born in New Delhi, India in 1947. He graduated from Delhi University in 1969 with a Bachelor's degree in Mechanical Engineering. After graduation, he came to the United States with barely enough money to make his way to Bradley University, where he earned a Master of Science degree in Industrial Engineering in 1971, while working as a research assistant. Over the years, Mr. Soin has continued his post-graduate studies in business and finance at Bradley University, Illinois State University and the advanced management programs at Harvard University and The Wharton School of the University of Pennsylvania. In 1978, Mr. Soin and his wife, Indu, proudly became American citizens.

Mr. Soin started his business career in 1971 with Firestone Tire and Rubber Company as an Industrial Engineer and worked at various production facilities until 1978. In that year, Mr. Soin joined Williams International as Manager of Corporate Systems. While at Williams, his responsibilities were expanded to include the departments of industrial engineering, operations planning, scheduling and management systems.

While at Williams, Mr. Soin tried his hand at a couple of different business ventures and, like most entrepreneurs, it took him a while to find his stride. In 1984, Raj decided to start another business and to devote full time to the venture, which he named Modern Technologies Corporation (MTC).

Mr. Soin and Indu started MTC with just the two of them, $1,700 in cash, a handful of credit cards, and a dream. MTC was founded with the idea of providing engineering and technical services to the Department of Defense, but quickly became an incubator that has spawned numerous businesses in a variety of industries.

From its inception, MTC has grown at an exceptional rate and was hailed as one of the fastest growing companies in the United States by Inc. magazine for four consecutive years. In June 2002, MTC Technologies had an initial public offering and is listed on the NASDAQ. Raj is Chairman of the Board. Headquartered in Dayton, OH, MTC Technologies has sales in excess of $180 million and employs over 2000 people in over 25 states. MTC Technologies is a provider of engineering, management and technical services to a variety of federal government agencies including the Department of Defense and commercial customers around the globle. Service offerings cover such diverse areas as Acquisition Support, Aeropropulsion Sciences, Computer and Software Technologies, Management and Administration, Operations and Maintenance, Quality Technologies, Telecommunications and Engineering Technologies.

Mr. Soin's philosophy has always been that the best investment is to invest in good people. Over the years, Mr. Soin has invested in numerous entrepreneurs from the Miami Valley to Silicon Valley and around the globe. He has provided them with the necessary guidance and resources to establish and grow business ideas. In just 20 years, many of these investments have developed into a variety of strong businesses involving many diverse technologies and serving many different markets.

"Diversity" has to be the one overriding thought that comes to mind when one surveys the multi-national complex of companies that comprise the Soin family of businesses. That diversity is evident when one looks at the service offerings of the flagship Modern Technologies Corp., as well as when one looks at the other companies under the Soin International umbrella. Here is a brief description of each:

Corbus, L.L.C. A software development company providing the industry's leading proprietary environmental, health and safety software package as well as a full range of custom software development and staff augmentation services.

Composite Technologies Company, L.L.C. A custom manufacturer of compression molded thermoset and thermoplastic composite products for consumer and commercial applications, using proprietary processes and formulations that provide the ability to use 100% recycled plastics.

Custom Manufacturing Solutions Inc. A fabricator of custom parts, assemblies and machines with a full range of manufacturing capabilities including sheet metal forming, machining, welding, painting, alodining and electro-mechanical assembly.

Corbus (India) A software development company located in India providing custom software development for India and international clients, with a virtual 24-hour development and supervision capability as a result of the company's dedicated satellite link with its United States affiliates.

JMD Development A real estate development company involved in the acquisition and development of property for construction of single and multi-family homes in the Miami Valley area.

In addition to the above companies, Raj has financed a minority interest in many other businesses. His guidance and entrepreneurial spirit has been instrumental in helping them to become highly successful. These businesses include:

Aerospace Integration Corporation: Fort Walton Beach, Florida Designs and develops electro-mechanical systems. A common thread in all of Raj's business interests has been his desire to foster a creative and familial environment for entrepreneurs, where all employees are able to utilize their abilities to the fullest extent possible.

No mention of Mr. Soin's history would be complete without reference to his charitable exploits. Mr. Soin feels a real responsibility to give something back to his community and, he has done that, not only with his time, but also with his pocketbook. A good example is Soin's role as the first president and founding trustee of the Ohio-India Project. Two of the local projects of the Ohio-India Project are (1) Ghandi House, a transitional house for women in need and, (2) the Annual Day of Caring, which started as a local event and is now conducted in several states with expectations of becoming a national program.

In August 2000, the business college at Wright State University was renamed the Raj Soin College of Business in honor of Mr. Soin's accomplishments and support of the University. In 2005, Mr. Soin was again recognized with an honorary Doctor of Humane Letters degree for his vision and entrepreneurial spirit, integral role in the development of Wright State University, support for higher education and philanthropy.

Another major contribution to his community was in the form of a donation of 180 acres of prime property in Beavercreek to build a public golf course. Mr. Soin is also the main contributor for "Sukh Dev Raj Soin Hospital" which is being built in India in memory of his father. MTC Technologies supports many community projects through the MTC Foundation. MTC not only provides part of the funding for the Foundation, but permits and encourages employees to spend company time to help with the Foundation's work.

Mr. Soin is very active in the community, serving as a member of the Board of Directors of the Victoria Theatre Association, and the Kettering Medical Center Network. He is also a member of the board of Ohio Venture Capital Authority and President of the Asian Indian Alliance. He has also served as a member of the Board of Trustees of Wright State University; member of the Advisory Board of KeyBank, Dayton District; Founding Trustee and President of Asian Indian American Business Group; member of the Dayton Foundation Board of Trustees; first President and Founding Trustee of Ohio India Project; member of the Dayton Area Chamber of Commerce Board of Trustees; member of the Ohio Business Roundtable; Co-Chair of the Center for Information Technology, Dayton area; member of the Board of Dayton Council on World Affairs; as well as a member of the Board of the Dayton Air & Trade Show.

Some of the honors and awards Mr. Soin and MTC have received are:

Listed as Inc. 500 fastest growing company for four consecutive years;
1993 National Conference of Christians & Jews Humanitarian Award;
1995 Enterprise Spirit Award;
Ernst & Young's 1999 Master Entrepreneur;
1999 Beavercreek Chamber of Commerce Business Person of the Year;
2003 Recipient of the Ellis Island Medal of Honor Award.

Raj and his wife, Indu, live in Beavercreek, Ohio with their children, Amol and Vishal, their spouses Melissa and Yasmeen, and granddaughter, Mira. Raj enjoys playing golf, flying private airplanes and family vacations.