Fireswirl Appoints New Directors

Fireswirl Appoints New Directors

January 2, 2008 – Vancouver, British Columbia - Fireswirl Technologies Inc. (TSXV: FSW) is pleased to announce changes to its board of directors. Robert Pollock has resigned from the board and the company is grateful to Mr. Pollock for his contributions and guidance. The board has appointed two new directors, Ji Yoon and James C. Borkowski, to fill vacancies on the board. With these changes the company now has 5 directors of which 3 are independent of management.

Ji Yoon – Mr. Yoon brings 14 years of finance, accounting and public markets experience, having worked in the high technology, engineering, and distribution industries. Mr. Yoon is presently Chief Financial Officer and Corporate Secretary of JER Envirotech International Corp. (TSX Venture – JER; Frankfurt Stock Exchange - KFTB) and previously Acting Chief Financial Officer and Controller for Taiga Building Products Ltd. (TSX - TBL). Mr. Yoon is a Certified Management Accountant and holds a Bachelor of Commerce degree from the University of Alberta and a Business Diploma (Honours) from Lambton College of Applied Arts and Technology in Sarnia, Ontario and an MBA from Queen's University, Ontario. He is a member of the American Institute of Certified Public Accountants and also serves on the adjudicating board of the Certified Management Accountants Strategic Leadership Program.

James C. Borkowski – Mr. Borkowski has over 15 years of experience in strategic planning and brand development. Since founding StonePoint Global Brands Inc. (TSX Venture – SPG) in 1992, as CEO and Chairman, Mr. Borkowski has been responsible for the implementation and control of operations, corporate development, new business opportunities, including new product and brand development. Mr. Borkowski has also acted as a director for several private and public companies in the resource and technology sectors.

About Fireswirl Technologies Inc.

Fireswirl Technologies Inc. (TSXV: FSW) is focused on creating transactional revenue by engineering electronic and mobile commerce solutions for content providers. The company's technology has broad applications for those requiring multiple payment interfaces, multi-currency and multi-language capabilities. It can be adapted to any industry seeking high volume or micro-payment solutions involving a wide base of users.

Forward Looking Statement

This news release contains certain forward-looking statements that reflect the current views and/or expectations of Fireswirl with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to risks associated with foreign countries, changes in laws and regulations, proprietary protection, dependence on market growth, foreign exchange fluctuations, regulatory requirements and dependence on the internet and system infrastructure. These risks, as well as others, could cause actual results and events to vary significantly. Fireswirl does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

Further information can be found on Fireswirl's website: www.fireswirl.com.

Head Office

Dale Peterson, President & CEO
Fireswirl Technologies Inc.
Phone: 604.685.9555 Ext 230
Fax: 604.605.0633
Website: www.fireswirl.com
Email: dpeterson@fireswirl.com

Investor Relations:

Keir Reynolds, Ascenta Capital Partners Inc.
Phone: 604.684.4743 Ext 231
Toll free: 1.866.684.4743 Ext 231
Email: keir@ascentacapital.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.