Trident Technologies Holds SeaPatch and ProMag Workshops for Congress and State Legislators
FORT WORTH, Texas--(BUSINESS WIRE)--April 5, 2001--21st Century Technologies Inc. (OTCBB:TEXN) today announced that its wholly owned subsidiary, Trident Technologies Inc., will be holding a number of workshops. These workshops will be held with members of Congress, state legislators and their staff, featuring the patented SeaPatch and ProMag technologies for oil spill, port authorities, U.S. Coast Guard, U.S. Navy and haz-mat (hazardous materials) applications.
The SeaPatch has been certified by the American Bureau of Shipping. SeaPatch and ProMag both have been accepted into the Beneficial Environment Projects program. Currently nine states have joined the program, which provides that environmental fines will be reduced if a company agrees to allow a portion of the money to be put into a fund that will be used to purchase "mitigation devices" such as SeaPatch and ProMag.
Both SeaPatch and ProMag were accepted into the program as a result of being "a project that reduces the generation of pollution through source reduction."
During the 1990s there have been oil spills in Alaska, California, Oregon, Washington and British Columbia coastal waters with disastrous environmental consequences. Studies show that one in every 100 vessels (both foreign flag and U.S. flag) entering U.S. ports reports steering or propulsion failures.
It is also predicted that vessel traffic into U.S. ports will triple in the next two decades. These studies demonstrate the national importance of evaluating existing laws to make sure that participants on the federal, state and international levels are all fully aware of mitigation devices such as SeaPatch and ProMag when legislating new spillage laws.
As a leader in "mitigation devices," Trident believes its workshops will focus attention on mandating its devices on all vessel traffic entering U.S. ports.
Under the international law of the sea, the United States may impose pollution discharge rules that are more stringent than existing international standards on all vessels navigating within the U.S. territorial sea (which extends 12 nautical miles seaward).
More importantly, "mitigation devices" such as SeaPatch and ProMag should be mandated as on-board devices necessary for an effective spill contingency plan. These workshop sessions will be the subject of further news releases along with text presentations and legislative proposals.
About Trident Technologies Inc. Trident Technologies Inc. is a wholly owned subsidiary of 21st Century Technologies Inc., which is a Fort Worth-based, publicly traded technology holding company. Trident Technologies manufactures the SeaPatch and the ProMag.
SeaPatch and ProMag are patented magnetic devices designed, engineered and manufactured to stop leaks in maritime and haz-mat (hazardous materials) emergencies. Visit www.seapatch.com and www.texn.com for further information. Financial statements in this news release other than historical facts are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about its future expectations, including future revenues and earnings, and all other forward-looking statements (i.e. future operational results and sales) involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. --30--MRA/la* SLK/la CONTACT: 21st Century Technologies Inc. Jennifer Runyan, 702/866-5915 CANADA Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 2000 Business Wire |
