HOUSTON, TX announced today that it has consummated a share exchange agreement with F3 Technologies, Inc., a Delaware corporation ("F3"). The Company and F3 entered into the share exchange agreement on April 8, 2008. As a result of the consummation of the transactions contemplated by the share exchange agreement, Frank Connor, Chief Executive Officer and former sole owner of F3, was assigned 10,266,676 shares of common stock of the Company (63% of the total issued and outstanding shares of common stock of the Company) and issued 2,000,000 shares of series A preferred stock of the Company in exchange for Mr. Connor's 1,000 shares of common stock of F3 (which represented 100% of the total issued and outstanding of F3) and the assumption of the obligations of the Company. As a result of the closing, F3 has become a wholly owned subsidiary of the Company and Mr. Connor has been appointed as Chief Executive Officer and Chairman of the Board of Directors of the Company. In addition, the Company's name was changed to "F3 Technologies, Inc." by way of filing a certificate of amendment to the certificate of incorporation with the Secretary of State of the State of Delaware. The Company has notified The Financial Industry Regulatory Authority (FINRA) of the name change and is working with them for approval of the name change and issuance of a new trading symbol to reflect such name change.

About F3 Technologies

F3 Technologies, Inc. (F3) is an Atlanta-based Software-as-a-Service (SaaS) development company and application service provider created to provide on-demand internet solutions to consumers and small to mid-sized companies. F3 currently has three distinctive products as set forth in more detail below: FargoTube, Ascend Global System and Interaction Community System. It is F3's goal to provide the necessary systems and tools to help its end users realize personal, professional, social, and business-oriented goals.

About FargoTube www.fargotube.com FargoTube (FT) -- FT is an online video sharing software engine for users seeking to profit from their on-line video content in three different ways. First, FT allows users to upload proprietary video content and sell it to other users resulting in income for the host and video owner. Second, FT will share ad revenue generated by videos offered for sale or for free with the video owner. Lastly, FT will share a portion of any profits made by users they referred to FT as an affiliate commission.

About Ascend www.ascendgbs.com Ascend Global Business System (Ascend) -- Ascend is an online Software-as-a-Service (SaaS) product created specifically to help businesses improve customer relations, track employee performance, and support overall revenue opportunities. The Ascend SaaS solution contains customizable modules for accounting, human resource management, project management, website creation, online store creation (e-commerce), knowledge sharing, survey building, and customer relationship management.

About Interaction www.interactioncs.com Interaction Community System (Interaction) -- Interaction provides neighborhoods, communities, church organizations, homeowner's associations (HOAs) and other similar type groups with a reliable, online solution for valuable services such as residential directories, accounting, voting, website creation, facility management and scheduling, newsletters, announcements, vendor sharing, e-commerce, accounting, classifieds, and message boards. Interaction offers features that allow residents of these communities to stay informed and become involved.

Safe Harbor

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance, operating strategies or business plans, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors beyond the control of the company, which include but are not limited to the ability of the company to implement its business plans, the company's ability to successfully compete, market conditions and the ability of the company to raise any necessary working capital financing, actual results may differ materially from the expectations expressed in the forward-looking statements.

Contact: F3 Technologies, Inc. Frank Connor CEO 1-800-418-4870 ext. 201 www.f3technologies.com

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