TFCT 21st Century's prizeWise.com Surpasses First Month Expectations Wednesday June 23, 8:31 am ET
LAS VEGAS--(BUSINESS WIRE)--June 23, 2004--21st Century Technologies, Inc.'s (OTC:BB TFCT.OB) portfolio investment company, prizeWise, Inc., announced that its first month's activities exceeded their initial expectations. Steve Rinehart, president of prizeWise, advised 21st Century that 116 sweepstakes closed during its first full month of operations. "This past week alone saw a 219% increase over the previous three weeks, with 63 closed sweepstakes," said Mr. Rinehart. "The dollar amounts of completed sweepstakes are steadily increasing as evidenced by a 24 carat 3.1 ounce gold bar for 2,090 tickets", added Mr. Rinehart.
Mr. Rinehart additionally advised management that the total visits are steadily increasing and that almost 500,000 visitors have visited the site during its first month of operations. "PrizeWise.com is continually adding refinements as evidenced by the addition of a listing of recently closed sweepstakes accessible via the browser button", commented Mr. Rinehart.
Kevin Romney, President of 21st Century Technologies, commented that prizeWise is going to participate, as a representative of 21st Century Technologies, Inc. in the upcoming Small-Cap Conference on June 25, 2004 at the Four Seasons Hotel in Beverly Hills, CA.
prizewise.com is a site which sells coupons, with an option offered to purchasers to receive tickets to enter sweepstakes contests on the website. The value of the sweepstakes is now well over $20,000,000. The public is invited to browse the website without obligation.
21st Century Technologies is a Business Development Company, operated pursuant to the Investment Companies Act of 1940. It holds various enterprises as investments and seeks to grow companies in which it has an interest.
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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.
-------------------------------------------------------------------------------- Contact: 21st Century Technologies, Inc. Troy Lovick, 702-248-1588 |