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F3 Technologies Updates Pinksheets in Its Effort to Be Designated a Current Information Filer

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ATLANTA, GA--(Marketwire - August 14, 2009) - F3 Technologies, Inc. (PINKSHEETS: FTCH) today
announced that on August 13 the company filed the appropriate documentation
to meet its Quarterly Filing Obligations at www.pinksheets.com.

F3 has submitted its quarterly reports through the OTCIQ service and is
fully up to date on its financial filings. The reports cover its quarterly
obligation for the period ending June 30, 2009. With these latest
statements 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.

"This new status will appropriately put us in the 'Transparent' tier as
designated by Pinksheets.com. As I have previously stated we are making
transparency with shareholders a top priority," stated Frank Connor, CEO of
F3 Technologies. "Achieving the 'Current Information' classification is
important to us because it not only demonstrates a commitment on our part
to keep shareholders informed but also enables more shareholders to
participate in our common stock."

James Canouse, President of F3 Technologies, stated, "We believe that
making this filing is the first step in a series of many upcoming events in
our effort to move the company forward on all fronts. We continue to
improve both Ascend and Interaction products on a weekly basis and with the
new addition of Paul Campbell to the team our sales efforts are now headed
in the right direction. As we have previously reported our share structure
remains stable with 62mm shares outstanding and only 32mm shares in the
float. We hope to communicate some more positive progress to our investors
next week including new agreements for Interaction and updates regarding
completion of multiple Ascend Betas."

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.

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.

 

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