21st Century Technologies, Inc. Announces Quarterly Earnings.

Business Editors

FORT WORTH, Texas--(BUSINESS WIRE)--Aug. 22, 2002--(OTCBB:TEXN)

21st Century Technologies, Inc. released second quarter 2002 earnings of $219,433, a reversal of the second quarter 2001 loss of $554,936. Earnings through the second quarter 2002 for 21st Century Technologies, Inc. are $261,991, which is also an impressive reversal from the $1,455,789 loss through six months of 2001.

Arland Dunn, President and CEO, stated, "Second quarter results were positive considering the company incurred expenses associated with the change in management and the second quarter is historically the lowest point of the year in the firearms industry. Another encouraging result of the second quarter was the positive disposition of 2826 Elm St., Inc."

Dunn further added, "We expect better operating results in the third quarter. A key task of the second quarter was to implement additional expense reductions. Going forward, revenue generation will be the focus. In the last two quarters, increased sales in the Trident product line and an upswing in our night sight line should position the company well for 2003."

All statements other than statements of historical fact included in this report are "forward-looking statements." The forward-looking statements, including statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.