F3 Technologies' 'FargoTube' Migrates to Cloud-based Media Streaming
- Library poised for exponential growth -
ALPHARETTA, Ga., Nov. 16, 2011 /PRNewswire/ -- F3 Technologies, Inc. (Pinksheets: FTCH) today announced the successful deployment of its newly developed FargoCloud(TM) media processing and storage platform to quickly and securely handle our rapid continued expansion of FargoTube's(TM) burgeoning library of music, movies, and other electronic media.
"F3 is now well-prepared for immediate, exponential growth -- our music and video library's hastening growth rate has necessitated this important migration to a fast, easily scalable, and highly secure FargoCloud(TM) cloud processing and storage solution," commented Frank Connor, F3's chief executive officer.
FargoCloud is a specialized, behind-the-scenes network allowing FargoTube to easily grow at the same rate its library of entertainment, educational, and artistic content grows. It has infinite and instant scalability, which allows for virtually unlimited processing and storage capabilities. These capabilities distinguish FargoTube as a leading technology platform as robust as any current industry leading sites such as YouTube(tm) or Netflix(tm) that also process and store media on cloud-based platforms.
"As important, new leading-edge media steaming encryption technology combined with F3's customized security overlay is demonstrably one of the most secure media streaming services preventing stream-capture piracy and ensuring secure user transactions.
"Our legacy media storage platform was approaching safe-capacity as FargoTube has to-date amassed over 10,000 titles, totaling more than 2 terabytes, of music, video, and other electronic media. Taking into consideration the sizes of currently expected content acquisitions, it became clear the use of a cloud-based system was a necessity prior to launching the new iteration of the FargoTube platform."
"With this work now completed, we look forward to unveiling the newly redesigned FargoTube experience with enhanced functionality, new premium content, and other exciting new features on or near December 8.
"With the ability to now meet the expected exponential growth of our libraries in the very near future through FargoCloud, I look forward to soon providing updates on major content acquisitions I believe positions FargoTube one step closer to a massive expansion of subscribers, and a marked increases in market share," Connor concluded.
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 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. (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; Interactive Defense System™, for police and other municipal departments; and Website Tournament, a transparent and competitive marketplace for site design.
Follow us at Twitter.com/f3technologies, Twitter.com/fargotube and f3technologies.wordpress.com.
Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update forward-looking statements as the result of new information or future events. We urge investors to review the risks and uncertainties within its filings with the OTC Markets and/or Securities and Exchange Commission.
Contact:
James Canouse
770 521 2194
SOURCE F3 Technologies, Inc.
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