21st Century TEC (fka TFCY)

[XV19]

looks like Steve got fed up with the bs:

Press Release Source: 21st Century Technologies Inc.


21st Century's prizeWise Inc. Announces Rinehart Resignation
Friday November 5, 12:12 pm ET


LAS VEGAS--(BUSINESS WIRE)--Nov. 5, 2004--21st Century Technologies Inc.'s (OTCBB:TFCT - News) portfolio investment company, prizeWise Inc., has announced the resignation of Steve Rinehart as president/CEO of prizeWise Inc. Rinehart retains his stake as a shareholder in prizeWise and his seat on the prizeWise board of directors. Rinehart is expected to remain active by assisting the current prizeWise management team with day-to-day operations and by affecting a smooth, seamless transition for his replacement.
In comments, Rinehart said: "I extend my personal gratitude to all 21st Century shareholders who have helped prizeWise.com achieve its current success. This relationship is a tremendous asset to prizeWise, and I anticipate that this relationship will progress as the company continues to grow and achieve even greater success in the future."

The prizeWise Inc. board of directors plans to conduct a nationwide executive search to secure a suitable replacement. "We will be looking for an established Internet entrepreneur with the vision, operational expertise, and proven e-commerce abilities necessary to vertically integrate and balance marketing, finance, growth, cash flow, customer retention and site functionality. Included in this search is expected to be executives and former executives of highly successful companies such as eBay and other online retailers. I strongly believe that with the proper talent at the helm, prizeWise will become a multi-billion dollar Internet property in the future," commented prizeWise Director Jim Terrell.

Qualified individuals are invited to submit resume and cover letter to [e-mail].

Http://www.prizeWise.com is a site that retails coupons and valuable offers from nearly 1,000 national and local companies with an option offered to purchasers to receive tickets to enter sweepstakes contests on the Web site. Currently prizeWise is conducting over 4,200 live sweepstakes on the site with a combined retail value of over $15,300,000. The public is encouraged to watch a brief tutorial about the site at http://www.prizeWise.com/huh.asp and browse the Web site without obligation.

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 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.



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Contact:
21st Century Technologies Inc.
Troy Lovick, 702-248-1202 (1 p.m.-3 p.m. PT Mon.-Fri.)
[e-mail]
or
Andrew Beyer, 951-587-8072 (10 a.m.-12 p.m. PT Mon.-Fri.)
[e-mail]



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Source: 21st Century Technologies Inc.