EXHIBIT 99.1


       21ST CENTURY TO REPORT EARNINGS OF $1.2 MILLION FOR SECOND QUARTER


LAS VEGAS - (Business Wire) - July 21, 2004 21st Century Technologies, Inc.'s
(OTC:BB TFCT.OB) will report net income of $1,228,000 in its second quarter
filing with the SEC. Alvin L. Dahl, Chief Financial Officer reported that the
2004 second quarter income will be a 1.2 million dollar gain as compared to a
loss of $641,495 in the same quarter of 2003. "Year to date net income will
exceed 2.0 million which will be compared to a $908,902 loss for the six month
period ending June 30, 2003", said Mr. Dahl. "This is our third quarterly net
profit in a row and represents a $2 million dollar turnaround from last year."
added Mr. Dahl.

Kevin Romney, President of 21st Century Technologies, stated that this continued
increase in net earnings is the result of our continued emphasis on the changes
implemented in the fourth quarter of 2003 with the conversion to a Business
Development Company and opportunities that are available to companies of this
nature. "This is just the beginning of continued growth for 21st Century. We
expect to be able to report many new and exciting developments in the near
future" added Mr. Romney.


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.

Contact:  Troy Lovick  (702) 248-1588