F3 Technologies Announces Launch of Fargo Tube
September 03 2008 - 4:00AM
PR Newswire (US)
- Revolutionary web 2.0 format will change the way videos are
shared and monetized on the internet - ALPHARETTA, Ga., Sept. 3
/PRNewswire-FirstCall/ -- F3 Technologies (Pink Sheets: AUMN) today
announced the pending launch of the newest version of Fargo Tube,
with more features than any other video sharing network on the
internet. Fargo Tube seeks to revolutionize the way that videos are
shared across the internet by giving all users the ability to
profit from their uploaded video content as well as for sharing the
site with others. In addition, the new Fargo Tube seeks to solve
the problem of copyright infringement so long ignored by other
video sharing services. Upload Videos ... Get Paid! The new version
of Fargo Tube will still allow users to: 1) upload their original
content and share in all ad revenue generated by that video; 2)
attach a price to their video and sell it through Fargo Tube; and
3) to share in all revenues generated by users they refer to the
site. In addition, users and advertisers will now be able to create
profile pages, track commissions, create and manage online
advertising immediately, and upload videos for which they do not
hold the copyright due to the advanced features being implemented
by Fargo Tube. These copyrighted videos will be flagged immediately
upon upload and the copyright holder will be contacted to establish
an agreement with Fargo Tube. Once that agreement is reached, the
copyright content will be displayed to viewers via an online
channel created for the copyright holder. All videos uploaded after
the agreement is reached will be sent straight to the copyright
holder's channel. Copyright Infringement Addressed Due to this new
method of flagging videos, copyright holders will no longer be
responsible for monitoring content uploaded at Fargo Tube for
copyright infringement. Fargo Tube seeks to partner with these
copyright holders in the beginning to reduce infringement, reduce
user liability for uploading that content, and ensure the revenue
generated by these videos is assigned to the proper copyright
holder. This will ensure the content remains freely viewable by the
consumer, while maintaining the sanctity of the copyright for the
copyright holder. The new Fargo Tube version will be launched in
October 2008 at http://www.fargotube.com/. F3 Technologies, Inc.
(F3) is an Atlanta-based SaaS development company and application
service provider created to provide on-demand Internet solutions to
consumers and small to mid-sized companies. 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: Contact: F3 Technologies,
Inc. Jim Canouse, VP Finance 1-800-418-4870 ext. 201 Paul Knopick E
& E Communications 949/707-5365 DATASOURCE: F3 Technologies,
Inc. CONTACT: Jim Canouse, VP Finance of F3 Technologies, Inc.,
1-800-418-4870, ext. 201; or Paul Knopick of E & E
Communications, +1-949-707-5365, , for F3 Technologies, Inc. Web
site: http://www.fargotube.com/
Copyright