Fireswirl Technologies Inc.

Fireswirl Technologies Inc.

June 11, 2007 08:30 ET

Fireswirl Technologies Signs Service Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 11, 2007) - Fireswirl Technologies Inc. (TSX VENTURE:FSW) is pleased to announce that its wholly owned subsidiary, Fireswirl Asia Limited ("Fireswirl"), has entered into a service agreement to provide a telecommunications platform to Hutchison Telephone (Macau) Company Limited. The service agreement provides for a revenue sharing arrangement based on the amount of usage of the platform.

About Fireswirl Technologies Inc.

Fireswirl Technologies Inc. (TSX VENTURE:FSW) is focused on creating transactional revenue by engineering electronic and mobile commerce solutions for content providers. The company's technology has broad applications for those requiring multiple payment interfaces, multi-currency and multi-language capabilities. It can be adapted to any industry seeking high volume or micro-payment solutions involving a wide base of users through internet or wireless applications.

Forward-Looking Statement

This news release contains certain forward-looking statements that reflect the current views and/or expectations of Fireswirl with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to risks associated with foreign countries, changes in laws and regulations, proprietary protection, dependence on market growth, foreign exchange fluctuations, regulatory requirements and dependence on the internet and system infrastructure. These risks, as well as others, could cause actual results and events to vary significantly. Fireswirl does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • Fireswirl Technologies Inc. - Head Office
    Dale Peterson
    President & CEO
    (604) 685-9555 Ext. 230
    (604) 605-0633 (FAX)
    Fireswirl Technologies Inc. - Investor Relations
    Keir Reynolds
    (604) 684-4743 Ext. 231 or Toll Free 1-866-684-4743