Firepond Named to Manufacturing Business Technology Magazine's Annual '40 Emerging Vender List'.

Firepond's CPQ[TM] OnDemand Featured as Emerging On-Demand Software Application for Simplifying Product Pricing and Quote Configuration

NEWTON, Mass. -- FP Technology, Inc. (OTCBB:FPTI), doing business as Firepond, has been named to Manufacturing Business Technology's annual "40 Emerging Vendor's List". Firepond has been chosen as an emerging software and application vendor in the manufacturing, enterprise, and supply chain markets for its Firepond CPQ(TM) OnDemand software, that automates and simplifies product pricing and configuration for companies and helps these enterprises improve order accuracy while reducing their cost of sales.

"We are very pleased to be named to the '40 Emerging Vendor's List' by Manufacturing Business Technology," said Bill Santo, Firepond's President and CEO. "With our Firepond CPQ OnDemand product, we are focused on providing our customers with the very best, most cost effective software for simplifying the often arduous sales process and allowing for an error-free, more efficient lead-to-quote process for their sales teams. We are excited to be named to such a select list of emerging companies in the space, and we look forward to building on our success and introducing more companies' sales teams to our software and service."

Manufacturing Business Technology is a leading trade publication aimed at providing news on emerging information technology and products to manufacturing executives and more. The outlet's annual "40 Emerging Vendor's List" highlights emerging companies who develop and provide cutting edge information technology solutions for companies and their sales teams worldwide.

About FP Technology, Inc.

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, improved proposal generation time and high user acceptance. Product data is maintained using Firepond's Product Data Manager that features a highly visual and easy to learn user interface and powerful data import utilities. FP Technology is headquartered in Newton, Massachusetts. For additional information about Firepond CPQ(TM) OnDemand visit www.firepond.com or call 1-866-UCONFIG (826-6344).

Safe Harbor Statement

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended including statements regarding FP Technology, Inc (doing business as Firepond, Inc) anticipated revenue, growth in FP Technology, Inc. target market, and market trends favorable to FP Technology, Inc. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. Important factors that could cause actual results to differ materially from the forward-looking statements include the Company's need to obtain substantial additional capital (through financings or otherwise) to fund its operations, fluctuations in the Company's business results, and changes in the markets it serves. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.