21st Century's Trident Technologies, Inc. Provides Additional Specialized Magnetic Tools For Canadian Military.Business Editors FORT WORTH, Texas--(BUSINESS WIRE)--May 14, 2003 21st Century Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TFCT TFCT Thorium Fuel Cycle Technology TFCT Task Force on Combating Terrorism TFCT Transverse Folded Cabinet Technology ), a rapidly growing homeland security company providing equipment for disaster response applications, announced today that it has designed to order, manufactured and delivered to the Canadian Military authority 12 specialized tools employing technology used by its wholly-owned subsidiary, Trident Technologies, Inc., to produce high-tech high-powered rare earth magnets rare earth magnets, n.pl magnets made from materials such as samarium, cobalt, neodymium, and boron. These magnets generally produce relatively strong magnetic fields. . Specific details for this custom order are not releasable; however, the Canadians provide specifications for such custom work, which is then engineered and built by Trident. Once prototypes are ready, they are returned to Canada for field trials. Following the field trials, some designs are accepted as is, and others may have additional design work performed. The magnets employed operate on the same basic principles as Trident's SeaPatch and ProMag leak-sealing devices. The Canadian Military authority has indicated that future opportunities will be forthcoming for Trident to provide other custom-designed products to enhance mission capabilities. The current order brings the number of Trident-supplied special design applications to the Canadian Military authority to 42. "Our relationship with the Canadian Military is satisfying," said Arland D. Dunn, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 21st Century, and President of Trident Technologies, Inc. "These unique applications should help enlarge our market penetration within the United States military establishment as well. We already have some unique U.S. Navy applications." Trident currently provides its patented permanent rare-earth magnets to the Naval Sea Systems Command's (NAVSEA NAVSEA Naval Sea Systems Command NAVSEA Naval Avionics Support Equipment Appraisal ) Emergency Ship Salvage Material (ESSM ESSM European Society for Sexual Medicine ESSM Evolved Sea Sparrow Missile ESSM Exercise Science and Sports Medicine ESSM Emergency Ship Salvage Material ESSM Enterprise SQL Server Manager (Sybase) ). The ESSM system is a mixture of bases and other facilities that provide ship salvage, pollution control and engineering equipment on an emergency basis. http://www.essmnavy.net Trident's powerful cam-off cam-on patented rare-earth permanent magnets are the heart of its ProMag and SeaPatch leak and rupture-sealing devices being established in the marketplace by Trident Technologies, Inc. www.tfctcorp.com These devices are already in service with some of the world's largest companies, such as Exxon-Mobil (NYSE NYSE See: New York Stock Exchange : XOM XOM Exxon Mobil Corporation (stock symbol) XOM X/Open Object Management XOM OSI-Abstract-Data Manipulation API XOM Xml Object Model XOM X/Open Osi Abstract Data Manipulation - News), CSX CSX Chessie Seaboard Multiplier (railroad transportation company) CSX Cayman Islands Stock Exchange CSX Changsha, China (Airport Code) CSX Cardiac-Specific Homeobox CSX Seaboard Coastline Railroad (NYSE: CSX-News), Conoco (NYSE: COP - News) and Dow Chemical (NYSE: DOW - News). "We have just begun to scratch the surface when it comes to applications of our magnet technology," said Mr. Dunn. "The power and permanence of these magnets is startling. We expect custom work to become a substantial part of our business." Safe Harbor Statement The statements made by 21st Century Technologies, Inc. (the Company) may be forward-looking in nature and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are based on assumptions and involve a number of risks and uncertainties, many of which are beyond the control of the Company. Actual results could differ materially from those projected due to risks such as changes in interest rates, market competition, our ability to generate orders and various other business factors. |
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