Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

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.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:May 14, 2003
Words:468
Previous Article:Gartner Says Companies Need a Better Understanding of the Costs Involved in Transitioning Internal IT Services to External Service Providers.
Next Article:Diametrics Medical Reports First Quarter Financial Results; Company Secures Interim Financing.



Related Articles
Welcome to the 21st century.
Will The USS Arizona Become an Environmental Hazard? 21st Century Technologies' Magnets Play an Important Role in Finding Out.
21st Century's Trident Technologies, Inc. Receives New Order for Additional Specialized Magnetic Tools For Canadian Military.
Congressman LaHood's Staff Backs Homeland Security's Funding Trident's ProMag.
Compass Capital Group to fund up to $5 Million for 21st Century Technologies, Inc.; ``These funds will drive an aggressive acquisition campaign''.
Compass Capital Group to invest up to $5 Million for 21st Century Technologies, Inc.
Norway Trip Pays off: 21St Century's Trident Technologies Makes First Euro Sale.
21st Century's investment portfolio company Trident Technologies, Inc. Receives Initial Federal Funding.
21st Century Technologies Announces Senate Approved Funding for Homeland Security Department.
21st Century's Portfolio Investment Company, Trident Technologies, Demonstrates Product Effectiveness at U.S. Maritime Security Expo.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles