21st Century's prizeWise Announces Revenue Exceeds $100K for September; Revenue Grows 34% Over Previous Month.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: 21ST CENTURY'S PRIZEWISE SUBSIDIARY ANNOUNCES RECORD REVENUE FOR SEPTEMBER; REVENUE GROWS 36% OVER PREVIOUS MONTH 21st Century Technologies, Inc.'s (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TFCT TFCT Thorium Fuel Cycle Technology TFCT Task Force on Combating Terrorism TFCT Transverse Folded Cabinet Technology ) portfolio investment company, prizeWise, Inc. today announced that September 2004 revenue increased of 36% over the previous month. "We have averaged 8% revenue growth from week-to-week and have significantly exceeded expectations for this early stage in the Company's development. More than 2,225 sweepstakes have been won to date with almost 60% of those in September alone. That averages out to a little over 16 winners per day since launch with a dramatic increase in our most recent month of operation," said Steve Rinehart, President of prizeWise. At the close of its 133rd day of business yesterday, prizeWise had approximately 30,000 members, over 4,000 live prizes on the website, and over the last 30 days, over 40% of all sweepstakes have been concluded. Kevin Romney, President of 21st Century Technologies, commented, "The impressive growth of the prizeWise subsidiary bodes well for the value of 21st Century's investment fund and indicates that there could be a diminished di·min·ish v. di·min·ished, di·min·ish·ing, di·min·ish·es v.tr. 1. a. To make smaller or less or to cause to appear so. b. need for additional capital just to support operations of this portfolio investment. Instead, the Company can concentrate its resources on a broader marketing and advertising programs for prizeWize, as well as the products of its other subsidiary companies, and seek to increase the Company's value by investing in emerging companies similarly well-positioned for growth." Those interested in learning more about prizeWise can go to http://prizewise.com/huh.asp and view a three minute tutorial An instructional book or program that takes the user through a prescribed sequence of steps in order to learn a product. Contrast with documentation, which, although instructional, tends to group features and functions by category. See tutorials in this publication. in Macromedia(R) Flash(TM). 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. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements which are not historical facts contained in this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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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