21st Century Technologies, Inc. Board Changes; Kevin Romney Moves from BOD to Day to Day Operations; Shane Traveller, James B. Terrell and Christian Crespo Named Directors.

Business Editors/High-Tech Writers

LAS VEGAS--(BUSINESS WIRE)--Aug. 29, 2003

Arland D. Dunn, President and CEO of 21st Century Technologies, Inc. (OTCBB:TFCT) announced today that he has accepted the resignation of Kevin Romney as a director of the Company. "I am pleased that the company and Kevin have concluded that it is in the best interest of our shareholders and the company, if Mr. Romney's talent as a manager were best utilized in the day to day operations of the company rather than on the board of directors," said Mr. Dunn. "He has done an outstanding job for us as a director, and will now take that knowledge and use it in the day to day operations of the company. Mr. Romney's talents will now be available to us through his continuing association with the Company as its general manager. Becoming a Business Development Company requires that we make certain structural changes. Three independent directors from the business and the professional community have been named to our board, which will now consist of five members; myself, Larry B. Bach, and our additions, Shane Traveller, James B. Terrell and Christian Crespo. This new business talent will be of great help to the operations of our company."

Mr. Dunn then gave brief summaries of the histories of the three new directors.

"Shane Traveller is a graduate of Brigham Young University, a CPA with large firm experience (Arthur Andersen LLP and Corbin & Wertz, LLP). Mr. Traveller is currently a partner in the management consulting firm of Peak Solutions, with special interest in Business Development Company operations. He sits on audit committees of publicly-traded companies. His experience with BDCs will be of importance to us, as well as his experience with publicly-traded companies.

"James B. Terrell is a long-time resident of Las Vegas, Nevada, where he has been a successful private businessman. In addition to operating his businesses, Mr. Terrell has been engaged in locating funds for business development purposes, including providing private financing for venture capitalists.

"Christian Crespo brings to us a successful career in the securities industry. After graduating from California State University of Northridge with a BBA, Mr. Crespo obtained his Series 7 and Series 65 licenses and worked in the securities industry, primarily as an investment advisor with Morgan Stanley Dean Witter in Los Angeles, California and Merrill Lynch in Westlake Village, California. He is currently engaged as an investment banker for Prescott Capital LLC in Los Angeles. Mr. Crespo's knowledge of the capital markets will be a great benefit to us."

Adding comments concerning the make-up of the expanded board, Mr. Dunn said, "This is in keeping with our new status as a Business Development Company. Our board gives to the company broad, wide-ranging business experience to guide us through the bright days we all believe are coming."

21st Century Technologies, through its wholly-owned subsidiaries Innovative Weaponry, Inc. and Miniature Machine Corporation, manufactures precision low-light tritium-powered gunsights especially popular with law enforcement and serious hobbyists and enthusiasts, Through its wholly-owned subsidiary Trident Technologies, Inc., 21st Century Technologies manufactures high-technology magnet-power leak and rupture sealing systems, known as ProMag (for land-based deployment) and SeaPatch (for marine applications). These products have been successfully deployed both at land and sea, saving costs, the environment and valuable cargoes.

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.