21st Century Will Report First Quarter Profit
Thursday April 29, 8:30 am ET
Second Profitable Quarter In Succession
LAS VEGAS--(BUSINESS WIRE)--April 29, 2004--Alvin L. Dahl, the Chief Financial Officer of 21st Century Technologies, Inc. (OTCBB:TFCT - News) has reported to management that the Company will report a net profit from continuing operations of $877,090.00 for the First Quarter of 2004. "This will be our second straight profitable quarter," stated Mr. Dahl. "It fulfills earlier predictions of profitable operations becoming the rule rather than the exception at 21st Century. Continuing profitable performance by the Company will reflect itself in increased shareholder value. Shareholders can look forward to profitable operations in the future, as the Company continues to execute its operations business plan as a Business Development Company."
Kevin Romney, CEO, stated that he is very pleased by the Company's first quarter results. "We shall continue along the path that has been planned. Look for future expansion further broadening of our business base."
21st Century, a Business Development Company pursuant to the provisions of the Investment Company Act of 1940, has several companies in its portfolio, including Trident Technologies, Inc., Innovative Weaponry, Inc., Paramount Multiservices, Inc., and PrizeWise, Inc. Other acquisitions are being actively pursued.
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.
Contact:
Equitilink, Inc.
Ron Garner, 877-788-1940
Source: 21st Century Technologies, Inc. |
