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F3 Technologies, Inc. : F3 Technologies Hires Seasoned Veteran to Head North American Sales of Ascend Global Systems


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ATLANTA, GA--(Marketwire - July 9, 2009) - F3 Technologies, Inc. (PINKSHEETS: [ FTCH ]), an Atlanta-based SaaS development company and application service provider, is pleased to announce that Paul Campbell has joined the company as Executive Vice President and National Sales Manager. F3 is proud to welcome Mr. Campbell, an SaaS industry veteran with over 22 years of senior level experience in the commercial banking industry and business and financial management solutions focused on small to medium sized businesses, to head its North American sales and marketing efforts.

"We are delighted to have Paul join our team," said Frank Connor, CEO of F3 Technologies. "Paul brings more than 22 years' experience in the commercial banking space as it pertains to SaaS and small business solutions. He has a unique combination of product knowledge and sales expertise that is crucial to the successful launch of both the Interaction and Ascend product lines."

Previously Campbell was Vice President and General Manager of the Commercial Banking Group at Digital Insight, an Intuit, Inc. company. There he led a $30 Million Commercial Banking Business Segment that specializes in delivering software as a service to financial institutions ranging in size from $50 Million to $1.2 Trillion. During his leadership, Campbell guided the business segment to achieve the first quarterly profit in 5 years by re-engineering the professional services delivery capacity to achieve a 30 percent increase. Intuit, Inc. is a nine billion dollar market cap company and owns market leading products such as Quickbooks, TurboTax and Quicken.

Paul Campbell commented, "When I first heard about how the Ascend product line seeks to reshape the small businesses market, my first comment was this solution really focuses on solving the key needs of the business customer. Leveraging my experience in delivering solutions to more than 250,000 business customers, I am truly excited about joining F3 Technologies team."

Campbell will officially join F3 on August 3, 2009 and will be tasked with heading up the North American sales and marketing efforts for both Ascend Global Systems and Interaction Community Systems.

About F3 Technologies Inc.

F3 Technologies, Inc. (F3) is an Atlanta-based Software-as-a-Service development company and application service provider.

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.


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