LAS VEGAS, Dec. 17, 2003 (PRIMEZONE) -- Mark Lefkowitz, Compass Capital's investment banker for 21st Century Technologies, Inc. (OTCBB:TFCT) today announced that his firm has provided an additional $650,000 in capital funding to 21st Century as part of Compass Capital's long-term commitment to 21st Century. Mr. Lefkowitz said, "These funds and additional money in the pipeline for the benefit of 21st is our expression of both short and long-term confidence in 21st Century's future. We expect a great deal of market excitement in the near future, with concurrent increases in shareholder value. In addition, our confidence in the success of 21st's current effort with Homeland Security is high. The products, ProMag and SeaPatch, are unique and appropriate for the world in which we now live. Our plans include 21st Century as a continuing partner to participate in America's growing future."
21st Century manufactures ProMag and SeaPatch, high-technology permanent magnet powered leak and rupture sealing systems which are particularly appropriate for handling HAZMAT leak/ruptures quickly and efficiently. They are currently in use by many of the nation's railroads, oil companies and chemical manufacturers, including the First Response teams that service those industries. 21st Century is seeking funding from the Department of Homeland Security to provide ProMags and SeaPatches to the nation's 31,000 fire departments and other First Responders.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.