Firepond Completes Sale — FPX Now Positioned to Dominate CPQ Market

MANKATO, MN--(Marketwire - February 23, 2009) - Firepond, Inc. (OTCBB: FPND) today announced that FPX, LLC (an affiliate of Texas-based Acclaim Financial Group, LLC) has acquired all of Firepond's assets. Audrey Spangenberg, CEO of AFG, will assume the title of Chairman and CEO of FPX.

Addressing the employees, Audrey Spangenberg stated, "Welcome to a new day. Today our customers, prospects and partners can be assured that the enterprise class solutions powered by Firepond in the Configuration, Pricing and Quoting space will be backed up with the necessary assets and resources required to dominate this market. The world class Firepond technology will continue to be the leading CPQ solution and FPX will be our new company name. I want to state unequivocally to our customers, partners and competitors, FPX has the combined strength of balance sheet, technology and intellectual property that is unmatched in our marke

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