F3 Technologies, Inc. : 250 Member HOA Switches to F3 Technologies' Interaction Community System

Published in House and Home on Monday, July 13th 2009 at 13:38 GMT, Last Modified on 2009-07-13 13:38:39 by Market Wire
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ALPHARETTA, GA--(Marketwire - July 13, 2009) - 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 ]

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