ALPHARETTA, GA — (Marketwire) — 07/28/11 — (PINKSHEETS: FTCH) today announced its new partnership with a professional football player and the acquisition of a social news and networking site for sports fans, exciting moves that propel F3-s FargoTube online entertainment platform into sports-related content.
F3 has acquired fanBunker.com, whose unique format aggregates blogs and news stories across several media sources to create a one-stop social experience for the fan of any professional or collegiate sports team. FanBunker will be integrating live interviews of sports figures hosted by former NFL linebacker Carlton Bailey, who appeared in three Super Bowls with the Buffalo Bills before going on to play for the New York Giants, and the Carolina Panthers.
“We-re honored and thrilled that Mr. Bailey is helping to drive this expansion as it will add additional credibility to fanBunker-s presence in the marketplace,” F3 President of Media and Music Kwan Straughn said. “He-s joining F3 and fanBunker as we integrate boxing, soccer, golf, tennis, track and field, and other sports — professional, collegiate and little league — into our social-media platform, and that is big, awesome news.”
The FargoTube platform may also utilize fanBunker technology to expand its sports-content capabilities and showcase all relevant news for media brands from television to movies, live performances and music. Content aggregated by fanBunker technology will be showcased on each brand-s tube, thus enriching the fan experience in a way not yet seen on the Internet.
“We will be excited to see F3 Technologies take the promise of fanBunker — easily finding the best online sports content — to the next level,” fanBunker co-founder Mark Griffith said.
“Our decision as a company to acquire a sports website was a no brainer,” Straughn said. “Since 2008, integrated sports/social entertainment has grown from a modest niche market to a multi-billion-dollar industry. FanBunker presented a prime opportunity for FargoTube to take advantage of this growing market.”
F3 plans to update the look and feel of fanBunker as part of its efforts to expand the site-s reach and facilitated new forms of fan interaction beyond the current blogging forum.
In other news, F3 Technologies today announced the departure of Paul Campbell from the company.
“Paul and the company parted ways amicably after a mutual decision,” Connor said. “We thank him for his two years of outstanding service to F3 Technologies and for playing a role in the progress of its online platforms. We wish him every success in his future pursuits.”
ABOUT FARGOTUBE
FargoTube () is an online distribution and social-networking platform that-s free to musicians, record labels, filmmakers and other content owners and allows 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. ()
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.
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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 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:
Kwan Straughn
770-885-5356
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