21st Century Technologies Announces Signing of Homeland Security Appropriation Bill with $32 Billion in Discretionary Spending for the Department of Homeland Security.LAS VEGAS -- Company Expects Funding for Trident Magnetic Patch Technologies 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 .OB) portfolio investment company, Trident Technologies, Inc., announced today that President George W. Bush has signed the FY 2005 Homeland Security Appropriation bill which contains $32 Billion in discretionary spending for the Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States . A partial list of funding sources available for Trident's magnetic patch technologies includes over $5 billion for the Transportation Security Administration recommended for securing transportation, over $7 billion recommended for the United States Coast Guard United States Coast Guard U.S. military service that enforces maritime laws. It is under the jurisdiction of the Department of Homeland Security; in wartime it functions as part of the U.S. Navy. The Coast Guard enforces federal laws on the high seas and waters within U.S. , almost $4 billion for the Office of State and Local Government Coordination and Preparedness recommended for first responder first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency grants and assistance, almost $5.5 billion for Emergency Preparedness and Response recommended for emergency preparedness and response (EP&R) activities, a total of almost $900 million for Information Analysis and Infrastructure Protection to identify and assess threats, map threat information against current vulnerabilities, issue warnings, and take preventive action, and over $1 billion for Science & Technology to support basic and applied research, development of prototypes, and procurement of systems to mitigate the effects of weapons of mass destruction Weapons that are capable of a high order of destruction and/or of being used in such a manner as to destroy large numbers of people. Weapons of mass destruction can be high explosives or nuclear, biological, chemical, and radiological weapons, but exclude the means of transporting or . Kevin Romney, President of 21st Century, commented, "We expect that with the passage of this new appropriation bill, a substantial portion of these funds will qualify to purchase Trident products, including SeaPatch and ProMag magnetic-powered quick-seal devices. There is obviously no lack of funding available, and we plan to assist first responders and make it as easy as possible for them to gain access to funding for SeaPatch and ProMag devices." SeaPatch and ProMag magnetic-powered quick-seal devices have been type-approved by the American Bureau of Shipping The American Bureau of Shipping (ABS) is a classification society. At the end of 2006, ABS was the third largest class society with a classed fleet of over 10,000 commercial vessels and offshore facilities. and are used during emergency response training at the Department of Transportation's Emergency Response School in Pueblo, Colo., the Louisiana Emergency Response Training Center and the Texas Engineering Extension Service The Texas Engineering Extension Service (TEEX) is a part of the Texas A&M University System. TEEX offers training programs for employed workers and those entering the labor force, specifically in the area of public safety. and recently approved for Department of Defense funds. 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 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 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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion