SOURCE: F3 Technologies, Inc.

F3 Technologies, Inc.

December 01, 2010 09:15 ET

F3 Technologies Seals Partnership With Top Concert House

Eddie's Attic to Distribute Recorded Performances Through FargoTube.com

ALPHARETTA, GA--(Marketwire - December 1, 2010) - F3 Technologies, Inc. (PINKSHEETS: FTCH) announced today that its groundbreaking FargoTube video and entertainment service will be the online distributor for performances recorded during Open Mic Mondays at Eddie's Attic, one of the nation's top venues for singer-songwriters.

"FargoTube's partnership with Eddie's Attic showcases our shared leadership in helping independent musicians thrive -- both artistically and financially -- in the new digital world," F3 Chief Operating Officer Paul Campbell said. "FargoTube will demonstrate its ability to help content owners monetize a wide range of valuable video and music content, from live music and comedy performances to instructional videos, documentary films and studio albums."

FargoTube is also sponsoring the Attic's twice-annual "Shootouts," in which the best acts from the weekly performances go head to head. The November 26 Shootout is now available at http://eddiesattic.fargotube.com. John Elliot, who won the competition, is receiving a customized fan site on FargoTube, free of charge.

Eddie's Attic will record and upload the open-mic nights, held each Monday evening. The four-hour performances typically feature a mix of established musicians, the best of Atlanta's up-and-coming acts, and other local musicians, typically 15-20 in all. Musicians who agree to have their performances captured will share in the revenue that Eddie's Attic generates through FargoTube.

In the 18 years since its founding by Eddie Owen, the venue has helped launch the careers of musicians such as John Mayer, Sugarland and Billy Pilgrim, and hosted acts ranging from The Black Crowes and Sheryl Crow to India.Arie and the Indigo Girls. Located in downtown Decatur, Ga., one mile east of Atlanta, it has appeared on Paste Magazine's list of America's 40 best music venues and on several similar lists.

The FargoTube platform empowers artists to sell their works while facilitating direct contact with and among fans, thus replacing the faceless sale of digital files with an exciting new interactive digital marketplace experience. Musicians and other artists can make their content available on a per-view, per-media file and/or subscription basis, setting prices and receiving 70 percent of the resulting revenue. Uploading content is free of charge.

"Eddie's Attic has helped countless musicians find their audiences -- and ultimately to turn their creativity into sustainable careers," said Rhiannon Clark, promotions coordinator and talent buyer for Eddie's Attic. "Our partnership with FargoTube will help us do that on a scale larger than ever before."

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

    Steve Haag
    Investor Relations
    (832) 413-6206