posted March 24, 2004 09:23            

LAS VEGAS, March 24, 2004 (PRIMEZONE) -- Alvin L. Dahl, Chief Financial Officer (CFO) of 21st Century Technologies, Inc. (OTC BB:TFCT.OB - News), has reported to the company that the annual report for the 2003 will demonstrate unprecedented gains in total assets and shareholder equity over 2002. Mr. Dahl has advised management that assets have increased five-fold over 2002 and that shareholder equity has increased approximately 21 times when compared to the company's performance for 2002.
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Mr. Dahl stated, ``The Company will report assets at the close of 2003 of $13,489,476, which represents an enormous gain over 2002's $2,534,637. Shareholder's equity has enjoyed an even greater percentage increase. Shareholder's equity for 2003 will be at $11,484,252, as opposed to 2002's $547,069. These gains are truly impressive, and reflect the scope of the turn-around which the Company has accomplished. I am optimistic for continued good news as Company continues to solidify its present standing and build for the future.''

Complete details will be contained in the company's forthcoming 10-K to be filed with the Securities and Exchange Commission on or before March 30, 2004.

21st Century Technologies is a Business Development Company pursuant to the Investment Company Act of 1940. Several wholly-owned subsidiaries comprise the operating companies of 21st Century. They include Trident Technologies, Inc., which manufactures high-technology magnet-powered patching and sealing systems, Innovative Weaponry, Inc., maker of low light and no light tritium-powered gun sights, the Miniature Machine Corporation, manufacture of precision adjustable gun sights, Paramount Multiservices, Inc., a telemarketing firm and PrizeWise, Inc., a web-based marketing system which is being readied for a near future launch. Several other acquisitions are currently being studied.

posted March 24, 2004 10:18            

Then you might be able to make a call as to what the company and its stock is worth.

The PR as released looks like nothing more than a pump to me.