FTCH.PK

[couchpotrado]

F3 Technologies, Inc. Updates Pinksheets.com and Provides Share Structure Information

   * Monday April 6, 2009, 10:30 am EDT

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ATLANTA, GA--(MARKET WIRE)--Apr 6, 2009 -- F3 Technologies, Inc. (Other OTC:FTCH.PK - News) today announced the filing of its current Company Information and Disclosure Statement as part of the reporting of its quarterly and annual financial information at www.pinksheets.com.

F3 has submitted its annual and quarterly reports through the service and is fully up to date on its financial filings. With the Initial Company Information and Disclosure Statement posted, the Company will then seek to submit a signed attorney letter regarding completeness of disclosure in order to meet all the requirements necessary to be placed in the "Current Information" classification. The Information Statement falls in the desirable "Current Information" category as defined by Pink Sheets.

"I am making transparency with shareholders a top priority moving forward, and we are definitely moving forward rapidly," stated Frank Connor, CEO of F3 Technologies. "Achieving the 'Current Information' classification is important to us because we believe it demonstrates a commitment on our part to keep shareholders informed."

The Initial Company Information and Disclosure Statement includes details of the company's history, its current share structure, financial information, and management's plan of operation.

Mr. Connor continued: "On related business matters, we have recently received a few calls from shareholders asking if we are planning to perform a reverse split. I am pleased to inform investors that F3 has absolutely no plans to do a reverse split because we simply don't need to. Currently there are 47,000,000 shares outstanding and of that number only 16,500,000 shares are in the public float. Our transfer agent will continue to remain open so that interested parties can receive accurate confirmation of our share structure."

F3 Technologies CEO Frank Connor would like to invite shareholders to attend a 20-minute video conference meeting this Wednesday, April 8, 2009 at 8PM EDT. This conference will be the first in a series of meetings designed to inform shareholders about our services, provide updates on business progress, answer investor-related questions, and most importantly to give details on how our services make money and build shareholder value.

The video conference can easily be accessed by simply clicking this link: www.f3technologies.com/live. No sign up is necessary and you will be able to easily interact with Frank, and other viewers through the chat module. Any interested parties are welcome to listen, watch, and participate.

About F3 Technologies Inc.

F3 Technologies, Inc. (F3) is an Atlanta-based Software-as-a-Service 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. 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.
Contact:

    Contact:
    http://www.f3technologies.com
    [email protected]
     

[Ashman]

F3 Technologies Takes Action to Reduce Authorized Shares by 80%

ALPHARETTA, Ga.--(BUSINESS WIRE)--F3 Technologies, Inc. (OTCPK: FTCH)
is pleased to announce that in an ongoing effort to build shareholder
confidence, on May 21st, 2009 the company has filed with the State of
Delaware to reduce its authorized shares count down from its current
one billion and two million (1,002,000,000) shares down to two hundred
and two million (202,000,000) shares.

Frank Connor, CEO of F3 Technologies, stated: "I have always commented
that it is F3's commitment to shareholders to gain their trust through
transparency, progress and hard work. It always has been and always
will be our goal to constantly build on our shareholder confidence. We
get scores of calls every week from potential investors who have been
waiting on this action to invest. By taking these steps to finally
reduce our authorized shares by 80% we hope to prove to these
potential investors and existing investors that we truly have their
best interest in mind."

F3 Technologies, Inc. has sent via over-night mail a "Certificate of
Amendment of Certification of Incorporation", along with all filing
fees, to the Delaware Division of Corporations in Dover, DE. At this
point it is not clear exactly how long it will take to actually reduce
the share count, however, F3 Technologies intends to announce publicly
when the actual reduction transpires.

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. 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.

SOURCE: F3 Technologies, Inc.

F3 Technologies, Inc.
Jim Canouse, 770-521-2194
[email protected]

Copyright Business Wire 2009

REF: http://www.businesswire.com/news/home/20090521006035/en

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