F3 Technologies Announces Pre-Earning Revenue Projections for 2009

  F3 Technologies, Inc. (PINKSHEETS: FTCH), an
Atlanta-based Software-as-a-Service company and application service
provider, announced today that the Company projects 2009 revenue to be
approximately $2 million. The Company recently completed work on the Noble
Heroes version of its Interaction Community System and expects the
completion of its Ascend Project Management, CRM, Website Content
Management System, and E-Commerce Store Builder modules by the end of the
year significantly broadening its potential client base. "After years of
development, January 1st, 2009 marks the point in time where we transfer
the focus of our efforts from development to the sales and marketing of our
products," said CEO Frank Connor. He adds, "With our burn rate being less
than $10 thousand per month, the company foresees profitability by the
second quarter of 2009." The company's 2009 revenue projections are based
on assumptions of being able to raise capital to hire direct sales staff
and improve its overall marketing budget.

"2009 will mark a year of substantial growth for F3. Through complete automation of our online order processes, expansion into global markets, and the aggressive launch of our affiliate and direct marketing campaigns, we expect to take our first step in becoming a major player in the multi-billion dollar ready-to-deploy, Software-as-a-Service industry," said CEO Frank Connor.

About F3 Technologies

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 users realize personal, professional, social, and business-oriented goals.

About FargoTube - www.fargotube.com - FargoTube (FT) -- FT is an online video sharing software engine for users seeking to profit from their on-line video content in three different ways. First, FT allows users to upload proprietary video content and sell it to other users resulting in income for the host and video owner. Second, FT will share ad revenue generated by videos offered for sale or for free with the video owner. Lastly, FT will share a portion of any profits made by users they referred to FT as an affiliate commission.

About Ascend - www.ascendgbs.com - Ascend Global Business System (Ascend) -- Ascend is an online Software-as-a-Service (SaaS) product created specifically to help businesses improve customer relations, track employee performance, and support overall revenue opportunities. The Ascend SaaS solution contains customizable modules for accounting, human resource management, project management, website creation, online store creation (e-commerce), knowledge sharing, survey building, and customer relationship management.

About Interaction - www.interactioncs.com - Interaction Community System (Interaction) -- Interaction provides neighborhoods, communities, church organizations, homeowner's associations (HOAs) and other similar type groups with a reliable, online solution for valuable services such as residential directories, accounting, voting, website creation, facility management and scheduling, newsletters, announcements, vendor sharing, e-commerce, accounting, classifieds, and message boards. Interaction offers features that allow residents of these communities to stay informed and become involved.

Safe Harbor

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance, operating strategies or business plans, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors beyond the control of the company, which include but are not limited to the ability of the company to implement its business plans, the company's ability to successfully compete, market conditions and the ability of the company to raise any necessary working capital financing, actual results may differ materially from the expectations expressed in the forward-looking statements.

Contact: F3 Technologies, Inc. James Canouse 770-521-2194