FTCH... chart ready to BLOW UP BIG! NEWS AH also:
250 Member HOA Switches to F3 Technologies' Interaction Community System
Press Release
Source: F3 Technologies, Inc.
On Monday July 13, 2009, 4:34 pm EDT
F3 Technologies, Inc. (Pinksheets:FTCH - News) 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."
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