FORT WORTH, Texas, April 28, 2003 (PRIMEZONE) -- 21st Century Technologies, Inc. (OTCBB:TFCT), a rapidly growing homeland security company, announced today that it is launching a new shareholder alert system intended to increase the level of communications and interaction between the company and its shareholders. Interested investors can now sign up to receive the company's most important news releases and other 21st Century Technologies related news stories directly via email. To sign up, visit http://www.tfctcorp.com/ii_shareholderalerts.htm.
"Despite the significant progress that we have made in the past few months, our market cap still remains one of the lowest among publicly traded companies operating in the homeland security industry," says Arland D. Dunn, Chairman and Chief Executive Officer of 21st Century Technologies, Inc.
"We feel that our market cap being less than one million dollars must reflect the lack of awareness in the investment community to both our growth and our market potential. This is why we feel it is imperative to communicate our value and potential with our shareholders. The shareholder alert system has designed to do just that," says Dunn.
21st Century Technologies operates in the highly lucrative homeland security industry. Fueled by the September 11th, 2001 terrorist attacks, the U.S. government created the Department of Homeland Security (DHS). DHS focuses on preventing further attacks, reducing America's vulnerability to terrorism and minimizing the damage and recovering from incidents that may occur.
DHS's funding for 2004 is estimated to be $36.2 billion -- representing a 7.4% increase over 2003 and 64% increase over 2002. This funding includes approximately $500 million to assess the nation's critical infrastructure, including the transportation system, and to ensure that vulnerabilities are addressed. Over $800 million was requested to develop partnerships with the private sector to research, develop and deploy new technologies that will make America safer.
21st Century believes its magnetic patches are an ideal fit for various government agencies, including the Department of Homeland Security. They quickly and safely stop virtually any leak. Whether the leak is on an open-ocean tanker, inland waterway bridge, railway tanker, remote pipeline or shore storage tank, Trident's (21st Century's subsidiary) versatile patches save time and money by stopping leaks before they get out of hand.
"Our patches employ powerful high-tech magnets in conjunction with seals that are mounted on sturdy frames to seal leaks and ruptures, including those leaking the most toxic, hazardous and flammable materials. In case of a terrorist attack, such as a sniper shooting at a tank which contains hazardous materials, emergency personnel can quickly apply the magnetic patch on top of the leak, preventing further damage," says Dunn.
TFCT's patches are also an ideal solution for various private industries, such as the oil & gas industry where terrorist-related or accidental leaks can be extremely costly both financially and environmentally. 21st Century's clients include Bayer AG (NYSE:BAY), CSX, Conoco, and Cabot (NYSE:CBT).
TFCT is working with the government to ensure that its patches can be used to increase transportation safety. Trident's patches, ProMag and SeaPatch are patented systems designed to stop leaks on ships, railroad tank cars, storage tanks, pipelines and other ferrous containers.
Safe Harbor Statement
The statements made by 21st Century Technologies, Inc. (the Company) may be forward looking in nature and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are based on assumptions and involve a number of risks and uncertainties, many of which are beyond the control of the Company. Actual results could differ materially from those projected due to risks such as changes in interest rates, market competition, our ability to generate orders and various other business factors.
More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at www.primezone.com/hs