250 Member HOA Switches to F3 Technologies' Interaction Community System

Mon Jul 13, 2009 4:35pm EDT
 
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  ALPHARETTA, GA, Jul 13 (MARKET WIRE) -- 
F3 Technologies, Inc. (PINKSHEETS: FTCH) is pleased to announce that it
has signed another large HOA to start using the Interaction Community
System to facilitate the needs and wants of its HOA members.

    This is a first class HOA consisting of roughly 250 homeowners in North
West Georgia. They will be using Interaction to enable their members to
pay HOA dues on-line, post photos, videos, garage sale items and messages
on boards. Community members will now be able to reserve facilities, book
babysitters, share recipes, vote and much more.

    Frank Connor, CEO of F3 Technologies, stated, "This is a very encouraging
development for us here at F3 and our shareholders. While every community
we sign is our most important client this new HOA holds a very special
place with us here at F3. This particular HOA was using one of our major
competitor's systems for many years. After learning more about Interaction
and comparing it with our main competitor's system that they were using,
they decided to start using Interaction. This is the first time that we
know of that an HOA strategically decided to use Interaction in lieu of a
system that they already had in place. While it is very satisfying to sign
up an HOA that has no system in place it is very encouraging to know that
Interaction is so far advanced that even communities with existing systems
are switching to use Interaction."

    James Canouse, President of F3 Technologies, stated, "We have been very
busy here at F3 on all fronts. As mentioned above, Interaction continues
to be deployed in HOAs all across the US and we recently announced the
hiring of Paul Campbell to head up our sales and marketing efforts for
both Ascend and Interaction product lines. We just concluded a two-day
working session in our Atlanta offices with Casey Clark of our strategic
partner and reseller, Paymenting LLC, and have made significant
technology updates to the Ascend and Interaction products lines. We are
proud to tell our shareholders that while we continue to move forward at
a frenzied pace our share structure remains tight, intact and unchanged."

    About F3 Technologies Inc.

    F3 Technologies, Inc. (F3) is an Atlanta-based Software-as-a-Service
development company and application service provider created to provide on
demand internet solutions to consumers and small to mid-sized companies.
F3 currently has three distinctive products: Fargotube.com, Ascend Global
Systems and Interaction Community Systems. It is F3's goal to provide the
necessary systems and tools to help its end user realize personal,
professional, social, and business oriented goals.

    Certain statements in this release and the attached corporate profile that
are not historical facts are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
statements may be identified by the use of words such as anticipate,
believe, expect, future, may, will, would, should, plan, projected, intend
and similar expressions. Such statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different from
those expressed or implied by such forward-looking statements.

    www.f3technologies.com

Contact
James Canouse
President, F3 Technologies, Inc.
ir@f3technologies.com
770-521-2194

Copyright 2009, Market Wire, All rights reserved.

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