TEXN - Company Update on Sea Patch . . .
TRIDENT, a division of TWENTY FIRST CENTURY TECHNOLOGIES Expects ABS CERTIFICATION for the SEA PATCH
FOR IMMEDIATE RELEASE September 29, 1999
TRIDENT, a division of TWENTY FIRST CENTURY TECHNOLOGIES Expects ABS CERTIFICATION for the SEA PATCH
Ft. Worth, Texas, September 29, 1999. Twenty First Century Technologies ( OTC BB: TEXN )
Trident's Sea Patch is scheduled to be certified by the American Bureau of Shipping in the next 30 days. The ABS provides certification to the maritime industry of products for functionality. Details of the certification process are being handled by Doug Spring, who is Trident's officer in charge of the patch, stated TEXN Chairman Ken Wilson.
During the week of September 20-23, 1999, Trident attended the Chemical Emergency Preparedness and Prevention Conference, as well as, the Maritime Legislation, Regulation and Policy Conference in Washington D. C. Trident sponsored a coffee break giving it a captive audience and displayed a video showing the Sea Patch reaching a maximum holding pressure of 140psi, with the maximum pressure on a leak being 22psi. At the conference, Trident also handed out brochures and talked to key people in the maritime industry.
Mr. Wilson stated "The SEA PATCH got a lot of attention. We left the conference more excited than ever. With the Coast Guard rewarding ship owners by being environmentally aware, we expect the SEA PATCH will be certified in the next 30 days."
" We are completing all steps necessary to take the market by storm and are leaving no stone unturned. We expect a significant Purchase Order by the middle of November 1999."
For further information, please contact Princeton Research, 702 251 7163 or go to the TEXN website, www.texn.com
This release, other than historical information, includes forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; manufacturing difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions, and bicycle and motorcycle industries ; reliance on third parties including potential suppliers, licensors and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in the Company's Securities and Exchange Commission filings |