21st Century's prizeWise.com Enjoys Successful Launch
Monday May 24, 11:14 am ET
LAS VEGAS--(BUSINESS WIRE)--May 24, 2004--At 3:30 p.m., PDT on Friday, May 21, 2004, prizeWise.com, the sweepstakes-oriented website operated by prizeWise, Inc., a portfolio company of 21st Century Technologies, Inc. (OTC BB: TFCT.OB - News), was officially activated. Steve Rinehart, president of prizeWise, said, "We have all worked very hard for this moment.
Despite all the beta testing we did, the team was as nervous as the cast of an opening night play on Broadway. Our efforts were rewarded. The results surpassed our expectations. There were some opening night glitches, which are now being fixed...and none of which prevented the website from functioning, all to our delight." Mr. Rinehart further advised that during its first twenty-four hours of operation, prizeWise.com enjoyed over 16,000 visitors, of whom 9,000 were first timers, and this all without advertising.
Major advertising will commence on June 10th once the website has been completely and thoroughly debugged and all systems and processes have once again been reviewed for functionality. Mr. Rinehart also stated that over $10,000,000 in value sweepstakes items are now available.
Within hours of going live, the first sweepstakes was completed and won by Andy Hahn of Denver, Colorado, who won a DVD collection of "Lord of the Rings." When interviewed by company officials, Mr. Hahn expressed delight over the whole process. He said, "It was really fun...and very quick, efficient. The system worked perfectly. I was also pleased with the interest that company officers expressed in my experience. They are on top of this prizeWise.com idea, and if it works for others like it worked for me, it is a sure hit."
PrizeWise.com is a sweepstakes-oriented website at which participants may purchase valuable coupons and opt to obtain sweepstakes tickets which will allow them to enter various sweepstakes being operated at the website. prizeWise.Com, is a portfolio investment company of 21st Century Technologies, Inc., a business development company under the Investment Company Act of 1940. It is one of several companies which are part of the portfolio of 21st Century.
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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.
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Contact:
Investor Relations
Troy Lovick, 559-222-9990
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Source: 21st Century Technologies, Inc. |
