SOURCE: F3 Technologies, Inc.

F3 Technologies, Inc.

April 15, 2011 09:45 ET

F3 Technologies Launches Cutting-Edge Digital Distribution Platform for Ditto Music

Integration Will Bring Thousands of New Tracks to FargoTube.com

ALPHARETTA, GA--(Marketwire - Apr 15, 2011) - F3 Technologies, Inc. (PINKSHEETS: FTCH), is thrilled to announce that it has finalized and launched dittomusic.com for Ditto Music, U.K.-based partner for F3's FargoTube™ entertainment platform, to accelerate both companies' expansions in the rapidly growing, multi-billion-dollar world of digital-music sales.

Ditto Music's new site delivers the distribution capabilities that will drive Ditto Music's and FargoTube's revenue lines for years to come. It gives both platforms' clients the means to build a profitable website for direct digital distribution, as well as access to iTunes, Amazon, Napster, Spotify, Rhapsody, HMV, Zune, and dozens of other digital-music stores.

Tracks submitted to Ditto Music, which has about 25,000 client musicians, will also be added automatically to artists' own fan sites on FargoTube except where musicians opt out.

"This sleek, fast and functional site reflects the roles that Ditto Music and FargoTube play in the fundamental transformation that the music industry is undergoing," said Ditto Music's CEO and co-founder Lee Parsons, who recently opened Ditto Music's North American headquarters in Nashville.

F3's FargoTube is a unique digital marketplace and social network that helps artists reconnect with their fans, something that has been lost in the faceless transaction of today's online store. FargoTube's interactive set-up empowers them to sell their creations while facilitating direct contact with and among fans. The overhaul of Ditto Music's website highlights FargoTube's unique ability to help artists monetize their entertainment content via a site that wows fans with its interactivity and aesthetic beauty.

Content owners using FargoTube have a wide range of options for creating revenue. Artists can create and customize their FargoTube presence, upload their tracks for sale without paying a cent, and reap 70 percent of the resulting revenue, a rate that's highly competitive in the industry.

In a new revenue stream for F3, FargoTube now offers increasing levels of customization at similarly competitive monthly rates. F3 creates a custom site within FargoTube, complete with an artist's unique images and branding, for just $24.95 a month.

"When they use Ditto Music's new site, musicians around the world -- from Manchester to Memphis -- will discover music's surprisingly promising future," said F3's CEO, Frank Connor.

ABOUT FARGOTUBE
FargoTube (www.fargotube.com) is an online distribution and social-networking platform that's free to musicians, record labels, filmmakers and other content owners, allowing them to upload their music and videos, build a fan site, sell merchandise and connect with their fans through a central service.

ABOUT F3 TECHNOLOGIES, INC. (www.f3technologies.com)

F3 Technologies is a software innovator that creates specialized social networks for groups ranging from homeowners associations to music fans. Its products include Interaction Community Systems™, an online tool for homeowners associations and other member groups; and Interactive Defense System™, for police and other municipal departments.

Follow us at Twitter.com/f3technologies, Twitter.com/fargotube and f3technologies.wordpress.com.

Forward-Looking Statements
Certain statements in this release 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.

Contact Information

  • For more information, contact:
    Paul Campbell
    Chief Operating Officer
    (770) 521-8930