Bell Helicopter Selects Firepond's Configure-Price-Quote (CPQ) OnDemand Solution.

Leading Producer of Commercial Aircraft Will Use Firepond CPQ OnDemand to Simplify and Automate the Sales Process 

NEWTON, Mass. -- FP Technology, Inc. (OTCBB:FPTI), marketed as Firepond, has signed Bell Helicopter as a customer of its Firepond CPQ[TM] OnDemand solution. Bell Helicopter will deploy Firepond CPQ OnDemand to fully integrate with salesforce.com, simplifying and automating Bell Helicopter's sales process.

Bell Helicopter, located in Fort Worth, Texas, is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries.

"We look forward to working with Bell Helicopter and fully integrating its sales program through our Firepond CPQ[TM] OnDemand solution," said Bill Santo, Firepond's President and CEO. "As a leading producer in the commercial aircraft space, Bell recognizes the importance of having an efficient, easy to use sales process in place for its sales force to use. Firepond CPQ OnDemand will significantly simplify the price-to-quote component of Bell's sales process and cut overhead costs as a result, in addition to eliminating errors. We are pleased to have a company like Bell Helicopter as a customer and we look forward to continuing to address the needs for companies' quote to fulfillment processes with our leading on-demand software as we continue to grow."

Bell Helicopter's Tim Crossno, Executive Director of Sales Operations, commented; "As a global leader in the vertical lift industry, Bell Helicopter is focused on adding value through technological advances that bring efficiencies to our business. It is imperative we provide our customers with a fast turn-around on proposals, as well as ensuring each proposal is error-free. Firepond's CPQ OnDemand product addresses these needs by providing a robust data management and distribution environment so we can easily modify our product and pricing data utilizing our customized business rules. Using Firepond's intuitive and easy to use interface that is seamlessly integrated to salesforce.com, will provide our team with a global solution to work more efficiently. We look forward to integrating Firepond CPQ OnDemand into our sales process and the benefits that brings to our business."

Firepond CPQ[TM] OnDemand seamlessly integrates the complexities of configuring, pricing and quoting products and services for a company's sales force, providing a more interactive selling system and dramatically improving response time. The product is tightly integrated with salesforce.com, allowing for a seamless, single sign-on experience for the sales professionals to quickly configure a sale - price it - and deliver a quote efficiently and effectively.

About Firepond

FP Technology, doing business as Firepond, is a leading provider of multi-tenant, on-demand Configure, Price, Quote software that automates and simplifies product pricing and configuration for companies and helps these enterprises improve order accuracy while reducing their cost of sales. Firepond's sales solutions help companies to optimize their sales processes whether their need is to solve complex product or pricing configuration, create product catalogs or provide an interactive selling system and dramatically improve response time. Firepond solutions provide a rapid ROI through improved order accuracy (nearly 100% of submitted orders have accurate specifications and pricing), improved proposal generation time and high user acceptance. For additional information about Firepond, visit www.firepond.com or call 1-866-UCONFIG (826-6344).

Forward-Looking Statement 

This press release may contain forward looking statements that involve risks and uncertainties, including statements regarding our business strategy and development plans, plans for entering into new businesses, anticipated sources and uses of funds and other statements regarding our plans, objectives, expectations and intentions that are not historical facts. Because these forward-looking statements involve risks and uncertainties, actual results could differ materially from those discussed in this press release. These risks and uncertainties are described in greater detail in the reports that we file with the Securities and Exchange Commission. Our actual results, performance or achievements may vary materially from those expressed or implied in any forward-looking statements. All forward-looking statements reflect our beliefs and expectations as of the date of this press release and should not be relied upon as representing our views as of any subsequent date. While we may elect to update these forward-looking statements publicly at some point in the future, we specifically disclaim any obligation to do so, whether as a result of new information, future events or otherwise.

Firepond is a registered trademark of FP Technology, Inc. CPQ is a trademark of FP Technology, Inc. Other names used may be trademarks of their respective owners. Salesforce.com is a registered trademark of salesforce.com, Inc., San Francisco, California. Other names used may be trademarks of their respective owners.