POULTON & YORDAN ATTORNEYS AT LAW 136 EAST SOUTH TEMPLE, SUITE 1700-A SALT LAKE CITY, UTAH 84111 Richard T. Ludlow Telephone: (801) 355-1341 Fax: (801) 355-2990 October 29, 2003 Board of Directors Rescon Technology Corporation 1500 Market Street, 12th Floor, East Tower Philadelphia, Pennsylvania 19120 Re: Opinion and Consent of Counsel with respect to Registration Statement on Form S-8 for Rescon Technology Corporation. Gentlemen: You have requested the opinion and consent of this law firm, as counsel, with respect to the proposed issuance and distribution of certain securities of the Company pursuant to the filing of a registration statement on Form S-8 with the Securities and Exchange Commission. The proposed offering relates to up to 1,750,000 shares of common stock, $.0001 par value (the "Common Stock"), to be offered to consultants as outlined in the Consulting Agreements between Rescon Technology Corporation and Tristan V. Stonger, Ph.D., Capital Resource Alliance, LLC, Neil Moskowits, M.D., David Buttigieg, R.M. Soullier, R.H. Wolter and Mark Solomon. It is our opinion that the shares of common stock will, when issued in accordance with the terms and conditions set forth in the registration statement, be duly authorized, validly issued, fully paid and nonassessable shares of common stock of the Company in accordance with the corporation laws of the State of Nevada. We consent to be named by the Company in the registration statement and prospectus included therein. We also consent to the Company filing this legality opinion as an exhibit to the registration statement. Very truly yours, POULTON & YORDAN Richard T. Ludlow Attorney at Law