SOURCE: F3 Technologies, Inc.

August 15, 2012 08:45 ET

F3's Fargotube Signs Deal to Bring Premium Label Content to Fargotube

ALPHARETTA, GA--(Marketwire - Aug 15, 2012) - F3 Technologies, Inc.'s (PINKSHEETS: FTCH) entertainment social network platform, Fargotube, (www.fargotube.com) is pleased to announce that it has signed its largest music distribution agreement to date with current partner MediaNet. 

MediaNet is the leading turnkey platform for building digital music businesses with a catalog of music tracks that now surpasses 22 million and is growing by more than 100,000 tracks per week from thousands of music labels, distributors and aggregators around the world. MediaNet (www.mndigital.com) maintains the largest B2B rights-managed catalog of digital music in the world, available to power streaming music apps, subscription services, download stores and more.

"MediaNet is well known within the music industry for its expertise in working with independent and major record labels and publishers," said Frank Connor, CEO of F3 Technologies, the parent company of Fargotube. "With this agreement in place our music catalog will rival that of iTunes and we will finally be able to showcase premium major label music on our premier tubes rounding out the entertainment experience for fans," he continued. The company is nearing completion of its apps platform and looks to be able to announce additional key partnerships in the third quarter.

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; Interactive Defense System™, for police and other municipal departments; and Website Tournament, a transparent and competitive marketplace for site design.

Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update forward-looking statements as the result of new information or future events. We urge investors to review the risks and uncertainties within its filings with the OTC Markets and/or Securities and Exchange Commission.

Contact Information

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