To: Taki who wrote (123143 ) 11/20/2003 9:28:34 AM From: Taki Read Replies (1) | Respond to of 150070 TFCT.055, 21st Century Technologies Completes $10 Million Real Estate In estment Trust `REIT` Investment B: 21st Century Technologies Completes $10 Million Real Estate Investment Trust REIT` Investment LAS VEGAS, Nov 20, 2003 (BUSINESS WIRE) -- 21st Century (OTCBB:TFCT) announced today that it has executed a letter of intent with Pacific Development GP to acquire a $10 million interest in HealthCare Investors of America (HCIA). HCIA is a Real Estate Investment Trust (REIT) that makes real estate investments in North American properties. 21st Century acquired $10 million in senior secured preferred stock with a 4% dividend yield. This dividend will provide 21st Century $400,000 in annual interest income. 21st Century's investment is also secured by the real estate owned by HCIA. In addition, 21st Century acquired common shares of HCIA. The transaction will effectively increase 21st Century's net worth by $10 million. HCIA was recently recapitalized by Dr. L. Enrique Fernando Molina whose company made an aggregate equity contribution of $90 million in audited net assets to HCIA. Pacific Development will receive preferred stock of 21st Century. "We have demonstrated a strong appetite in the capital markets for our stock, having received cash and commitments for $7.5 million in equity recently," said Arland Dunn. "The willingness of Dr. Molina to enter into this transaction with 21st Century is an acknowledgement of our sound business plan and ability to attract growth capital." Pacific Development GP is controlled by Dr. Molina. Other companies controlled by the Molina family have developed, own and operate other destination resorts in Mexico, including the Ritz-Carlton, Cancun, under license agreement from Marriot International. The Molina family was also the anchor licensee of PepsiCo (NYSE:PEP) for Mexico, under which they controlled Pepsi-Gemex, the largest independent Pepsi bottler outside the United States with annual revenues of over $1.0 billion. Pepsi-Gemex has regularly accessed the US capital markets, beginning on March 29, 1993, Goldman Sachs, Merrill Lynch and Oppenheimer co-lead an equity placement of Pepsi-Gemex American Depository Receipts (NYSE: GEM) on the New York Stock Exchange and subsequent successful US debt placements with Chemical Bank and other institutions. In 1997, Pepsi-Gemex expanded through acquisition of a competitor and then selling to Pepsi Bottling Group (NYSE: PBG) in a November 2002 cash tender offer of approximately $1.2 billion. About 21st Century 21st Century is a business development company pursuant to the Investment Company Act of 1940 which currently operates three wholly-owned subsidiaries, Trident Technologies, Inc., Innovative Weaponry, Inc. and Miniature Machine Corporation Trident manufactures ProMag and SeaPatch, rare-earth permanent magnet-powered leak and rupture sealing systems, especially effective in HAZMAT applications. 21st Century is seeking funding from the Department of Homeland Security to provide ProMag/SeaPatch to the nation's 31,000 fire departments. Trident and Miniature Machine manufacture low- and no-light gun sights and precision engineered and built adjustable gunsights, respectively. The company is acquiring Credit Card Financial Corporation, which will deal in the buying and selling of credit card consumer debt and will develop that business into a major profit center. Safe Harbor Statement Pursuant to 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. SOURCE: 21st Century Technologies CONTACT: Equitilink, Inc., Las Vegas Ron Garner, 877-788-1940 Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. Copyright (C) 2003 Business Wire. All rights reserved. -0- KEYWORD: NEVADA INDUSTRY KEYWORD: BANKING SPORTS MARKETING AGREEMENTS *** end of story ***