Fireswirl Technologies Inc.

Fireswirl Technologies Inc.

November 27, 2006 09:00 ET

Fireswirl Technologies Inc. Retains Ascenta Capital Partners Inc. to Provide Investor Relations Services

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 27, 2006) - Fireswirl Technologies Inc. (TSX VENTURE:FSW) is pleased to announce it has retained Ascenta Capital Partners Inc. of Vancouver, BC, to provide investor relations and financial communications services.

Ascenta will receive a monthly retainer of $5,000 for a 12-month term, subject to termination by either party with 30 days written notice. Fireswirl will also issue as compensation to Ascenta an option to purchase 300,000 common shares at an exercise price of C$0.80 per share, which will be effective for a period ending 30 days after the termination of the contract. The options granted willl vest in accordance with TS Venture Exchange guidelines and Fireswirl's stock option plan. This agreement is subject to regulatory approval.

About Fireswirl Technologies Inc.

Fireswirl Technologies Inc. (TSX VENTURE:FSW) is in the business of software development, consulting, systems setup and licensing. The company's technology includes multiple payment interfaces, multi-currency and multi-language capabilities for applications within electronic and mobile commerce. The software has broad appeal across any industry seeking a high volume or micro-payment solution involving a wide base of users.

About Ascenta Capital Partners Ltd.

Ascenta is a leading provider of investor relations services to public companies in Canada. Ascenta's strength is its disciplined approach to the development and execution of strategic, customized investor relations programs and services.

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

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