EXHIBIT 99.1

   21ST CENTURY TECHNOLOGIES, INC. ANNOUNCES REVIEW OF FINANCIAL STATEMENTS;
        RESTATEMENT OF PREVIOUSLY FILED FINANCIAL STATEMENTS WILL BE MADE

Las  Vegas,  Nev.  - January  5, 2006 - 21st  Century  Technologies,  Inc.  (the
"Company")  (TFCY.OB) announced today that the current management of the Company
has  completed  a review of prior  financial  statements  filed  under  previous
management  regimes.  In that  review,  the Company has  discovered  items which
require  restatement.  The Company will restate the financial statements for the
fiscal year ended  December 31, 2003 as well as the three months ended March 31,
2004, the six months ended June 30, 2004 and the nine months ended September 30,
2004. The Company did not give a timetable as to when the restatements  would be
completed.

Current   management   deems  the  restatement  is  necessary  as  a  result  of
inaccuracies  that  have  been  identified  in  the  prior  management  regimes'
valuations  assigned to certain  assets of the Company and, to a lesser  extent,
revenue recognition in previously filed financial statements.

The Company also  announced  that on December 28, 2005,  its former  independent
auditors, Turner, Stone & Company, L.L.P., withdrew their audit opinion covering
the  Company's  financial  statements  for the year  ended  December  31,  2003.
Therefore these financial statements as previously filed can no longer be relied
upon.

The Company also stated that, as a result of the restatements,  the audit of its
fiscal year ended December 31, 2004 financial statements is not yet complete and
did not give a timetable as to when the audit will be completed.

The  Company  is  a  business  development  company  operated  pursuant  to  the
Investment Company Act of 1940. It holds various  enterprises as investments and
seeks to grow  companies  in which it has an  interest.  The  Company's  current
investment portfolio consists of prizeWise,  Inc.,  Innovative  Weaponry,  Inc.,
Trident Technologies Corporation, DLC General Contracting,  Inc. and Mo-DV, Inc.
The   Company's   investment   ownership  in  these   enterprises   ranges  from
approximately 22% to 100%.

On November 1, 2005 the Company filed a voluntary  petition  under Chapter 11 of
the U.S.  Bankruptcy  code with the U.S.  Bankruptcy  Court for the  District of
Nevada, case number BK-S-05-28185. Chapter 11 is the reorganization provision of
the U.S.  Bankruptcy Code that enables a company to continue operations while it
attempts to restructure its debt.

Forward-Looking Statements:

This press release contains  "forward-looking  statements" within the meaning of
the Private  Securities  Litigation  Reform Act of 1995,  which are  intended to
qualify for the safe harbor from liability provided  thereunder.  All statements
which are not historical statements of fact are "forward-looking statements" for
purposes of these provisions and are subject to numerous risks and uncertainties
that could cause actual  results to differ  materially  from those  expressed or
implied  in  the   forward-looking   statements.   The  Company  may  experience
significant  fluctuations in operating  results due to the impact of a number of
uncertainties  including,  but not limited to, the uncertainties involved in all
aspects  of  the  Company's   bankruptcy   proceedings,   economic   conditions,
competitive products or pricing,  technological changes and other factors. These
uncertainties  could cause operating results to vary significantly from those in
prior  periods and those  projected in  forward-looking  statements.  Additional
information  concerning  potential  risk factors that could affect the Company's
future  performance  are described from  time-to-time  in the Company's  reports
filed with the Securities and Exchange Commission.

Contact:

21st Century Technologies, Inc.
Glenn Glasshagel 702-248-1588 (11 a.m.-12 p.m. PT Mon.-Fri.)