21st Century Technologies 10-K Reveals Record Profits, Asset Growth; 4th Quarter Performance Considered 'Stunning'.Business Editors/High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--March 31, 2004 "Our 10-K (no longer 10-KSB) filed March 30, 2004 with the Securities and Exchange Commission demonstrates record 4th Quarter profits and 5-fold asset growth when compared with 2002," said Alvin L. Dahl, Chief Financial Officer. "When one considers that this company lost $1.9 million in 2002 and $5.7 million in 2001, the results for 2003 are nothing less than stunning. Management's decision to convert to a Business Development Company under the Investment Act of 1940 which allows great flexibility in investments capital growth has proved to be a wise one, as reflected by our 4th Quarter operating results." Mr. Dahl added, "We are in the process of accounting for 1st Quarter 2004 operations and anticipate the ability to report additional good news relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company's growth and profitability." 21st Century operates several wholly-owned subsidiaries in its capacity as a BDC (Backup Domain Controller) In a Windows NT server, a copy of the Primary Domain Controller (PDC). The BDC is periodically synchronized with the PDC. See PDC. BDC - Backup Domain Controller , including Trident Technologies, Innovate Weaponry. Miniature Machine Corporation Miniature Machine Corporation (MMC) is a Nevada based corporation specializing in the design and manufacture of tactical weapons and weapon accessories. Founded in 1959, the company is best known for their line of adjustable tactical sights used by military and law enforcement , Paramount Multiservices and PrizeWise. Other acquisition are being currently pursued. 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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