21st Century Technologies, Inc. to Liquidate Surplus Equipment and Product Lines.

Business Editors

FORT WORTH, Texas--(BUSINESS WIRE)--July 19, 2002

(OTCBB:TEXN). 21st Century Technologies, Inc. will be conducting an auction to liquidate surplus equipment no longer deemed necessary for future manufacturing needs. The auction will be held on July 23, 2002 at the 5050 E. Belknap facility.

Arland Dunn, President and CEO stated, "Our mission has been to narrow the focus of our company directly to the core product lines. We are an industry leader in night sights; an industry, at this point in our history, has large seasonal swings in revenue. Our fixed overhead structure for in-house production will be geared towards two things: 1) maintain positive cash flow in the low seasons and 2) increased use of outsourced products in the high seasons. IWI and MMC will continue in-house production of specialty inventory and lines of inventory that we are particularly efficient at producing. Trident has been successful with outsourcing and the subject reduction in equipment is in consideration of the increased capacity needs anticipated for the SeaPatch and ProMag."

Dunn further added, "Our desire is the continued expansion of our customer base to include more Original Equipment Manufacturers, which increase orders during our slow summer period. The addition of these customers would be particularly beneficial to IWI and MMC to level cash flow through the year. Shareholders will find benefit, in both the short and long term, by a reduced fixed overhead at 21st Century."

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.