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F3 Technologies, Inc. : F3 Technologies Expands its Reach in Georgia by Signing an Augusta, GA-Based Law Firm that Manages Seve

^{Published on 2009-05-20 06:54:59, Last Modified on 2009-05-20 06:56:03 - Market Wire}
 

ALPHARETTA, GA--(Marketwire - May 20, 2009) - F3 Technologies, Inc. (PINKSHEETS: [ FTCH ]) is pleased to announce they have added six new communities in the Augusta, GA marketplace through its partnership with a leading HOA law firm that manages several HOA communities in and around the Augusta area, home of the Masters golf tournament.

Frank Connor, CEO of F3 Technologies, stated: "It's very exciting to be working with such a prominent law firm. This is a little different than working with a management company or simply direct with an HOA. You really need to have all your ducks in a row when dealing with a law firm and I am pleased to report that we have thus far passed their rigorous standards. We look forward to a long and profitable partnership with them."

Mr. Connor continued: "This particular law firm has been using the Interaction Community System ([ www.interactioncs.com ]) to manage six of their communities online and expect to add more in the months to come. Using Interaction, the law firm is now able to track each community's financial accounting with the ability to pay vendors, collect HOA dues and assessments, invoice members, provide comprehensive financial reporting, and provide community members with a rich interactive experience."

In the short time F3 Technologies has marketed the Interaction Community System, we have already expanded our reach into 4 vertical markets including churches, homeowners associations (HOAs), management companies and now law firms. While the homeowners market has been our initial marketing push, it is encouraging to know this is just the tip of the iceberg as we seek to deploy Interaction into any/all localized communities that seek to benefit from greater communication such as colleges, municipalities, businesses and governments.

As always, F3 would like to extend a warm welcome to anyone that has an interest in visiting our F3 offices in Alpharetta, GA. Please call us at 770-521-9524 or email us at [ IR@F3Technologies.com ] to arrange a time to meet.

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 ahs 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. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.