FORT WORTH, Texas, April 9, 2003 (PRIMEZONE) -- 21st Century Technologies, Inc. (OTCBB:TFCT), a rapidly growing homeland security company, announced today that it is featured in Wall Street Audio's Homeland Security Symposium. Other featured companies include Rainbow Technologies (Nasdaq:RNBO) and Viisage Technology (Nasdaq:VISG). Please visit www.wallstreetaudio.com for more information.
21st Century believes its magnetic patches are an ideal fit for various government agencies. 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 Arland D. Dunn, Chairman and Chief Executive Officer of 21st Century Technologies, Inc.
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).
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 a 64% increase from 2002. This 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. The budget also requests $5.9 billion for Emergency Preparedness and Response and $18.1 billion for improving border and transportation security.
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.