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MOD Systems shuts down as prosecutors suggest 97 month jail term for founder Mark Phillips

Federal prosecutors want to lock up MOD Systems founder Mark Phillips for more than eight years after the high-tech executive looted the maker of digital kiosk technology, lied to investors and “undermined the fabric of the entrepreneurial community.” Phillips, who was convicted on four counts of wire fraud, one count of mail fraud, and two counts of money… Read More

MOD's kiosk technology

Struggling MOD Systems places employees on leave

MOD’s kiosk technology MOD Systems has placed a number of its employees on leave as the Seattle maker of digital media kiosk technology continues to look for cash. Anthony Bay, the former Microsoft manager who leads MOD, confirmed the decision with GeekWire. “I can confirm that a number of employees were furloughed while the current… Read More