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Tuesday, 07/21/2009 10:40:21 AM

Tuesday, July 21, 2009 10:40:21 AM

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F3 Technologies Signs Major Contract for Its Interaction Community System

ATLANTA, GA, Apr 21, 2009 (MARKET WIRE via COMTEX) -- F3 Technologies, Inc. (PINKSHEETS: FTCH) is extremely pleased to announce that it has signed a deal with Coastal Group Publications, Inc., the leading HOA newsletter publisher in South Florida. The deal gives this established and influential publisher the rights to fully market and deploy the Interaction Community System into any and all HOA communities in South Florida. The Coastal Group Publication deal was arranged via Interaction's exclusive deal with Expert Group, Inc. (PINKSHEETS: EXPU)
Coastal Group caters to over 15,000 homeowners in the South Florida market. Through this contract with F3's Interaction, they now possess the tools to expand both their business as well as Interaction's business at a greatly accelerated rate.

Over the last few weeks the Interaction team has traveled to south Florida, presenting to many of the communities that Coastal Group already works with. The reception of the Interaction System by these HOA communities has been excellent to say the least. With Coastal Group already in the households of over 15,000 people representing several different HOAs, it provides F3 with immediate credibility and should create a huge footprint for Interaction in South Florida.

"This is a landmark deal for us here at F3 Technologies," stated Frank Connor, CEO of F3 Technologies. "F3 stands to achieve full profitability through this deal before the end of the year. I look forward to providing our valued investors with firm projections and actual hard revenue numbers related to this deal in the near future."

Connor continued: "I am not really sure who is more excited about this agreement -- Coastal Group or F3 -- basically the revenue share agreement is going to benefit both companies tremendously."

Mark Valdes, CEO of Coastal Group Publications said, "We have been a major player in South Florida market for several years and have been seeking an opportunity to expand our business by providing more to our very valued clients. Over the years we have been presented with several opportunities to work with us but when we were approached by F3 Technologies and presented with the Interaction Community System we were blown away. Interaction had all the tools in one complete system that we have been seeking and now we can't wait to start expanding our business by deploying this state of the art system to our current and future clientele."

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.

About Coast Group Publications, Inc.

Coastal Group Publications, Inc. (CGP) publishes proprietary newsletters for condominiums and homeowner associations throughout South Florida (from Coral Gables to Palm Beach) and sells ad space within each newsletter. CGP has been in business for over 6 years and is in the process of expanding its services throughout Florida.



Contact:
F3 Technologies, Inc.
www.f3technologies.com
info@f3technologies.com


SOURCE: F3 Technologies, Inc.



CONTACT: http://www.f3technologies.com
mailto:info@f3technologies.com

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