SOURCE: F3 Technologies, Inc.

F3 Technologies, Inc.

January 20, 2011 10:45 ET

FargoTube Affiliates With Consolidated Independent

Entertainment Platform Connects to 80+ Music Distributors, Thousands of Artists and Songs

ALPHARETTA, GA--(Marketwire - January 20, 2011) - F3 Technologies, Inc. (PINKSHEETS: FTCH) announced today that its innovative FargoTube™ social-networking platform for monetizing music and videos is affiliating with Consolidated Independent as a digital store, a relationship that will provide FargoTube with potentially thousands of tracks by independent musicians each month.

A crucial link in the new distribution system for digital media, CI delivers music and video files in very large batches to online retailers such as iTunes and Amazon from meta-distribution services such as Ditto Music, which upload and process tracks from unsigned musicians and independent labels. FargoTube's affiliation with CI will expose it to more than 80 U.S. and European meta-distributors, and potentially thousands of musicians and other artists who seek an integrated networking-and-sales platform.

"Most independent artists understand the need to identify effective new sales channels in a world of declining CD sales," F3 Chief Operating Officer Paul Campbell said. "Fewer of them realize they can take control of a new sales channel that's embedded in a network of fans. That new channel is FargoTube."

FargoTube is unique in the growing online-media ecosystem in that it lets independent artists profit directly from sales through a social network, a set-up that gives them direct control and precise data about fans' buying habits. Musicians, filmmakers, remote instructors and other artists can upload their content free of charge and then make it available on a per-view, per-media file and/or subscription basis, setting prices and receiving 70 percent of the resulting revenue.

Moreover, artists can encourage their fans to share rich digital content -- concert footage and live recordings, for example -- with each other, either free of charge or while sharing revenue with the artists.

FargoTube is empowering artists to sell their creations while facilitating direct contact with and among fans, thus replacing the faceless sale of digital files with an exciting new interactive digital marketplace experience.

In other news, CEO Frank Connor recently gave an exclusive interview to the Shareholder Development Group, where he provided an overview of F3's three main platforms and of the company itself. An audio recording is available at http://f3.fargotube.com/view.aspx?1018.

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