Stock Option Grant

February 19 , 2008 – Vancouver, British Columbia - Fireswirl Technologies Inc. (TSXV: FSW) “the company” announces it is granting, in aggregate, 840,000 new options with an exercise price of $0.30 to various directors, officers, consultants and employees pursuant to the company's stock option plan increasing its outstanding options to 1,915,000 (7.6% of the company's issued shares). The company is also amending the exercise price of 200,000 options to $0.30 which were previously granted to 9 employees of the company, none of which is an officer or a director. The granting and re-pricing of the options is subject to regulatory approvals.

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 solutions requiring multiple payment interfaces, multi-currency and multi-language capabilities. Our solutions can be adapted to any industry seeking high volume or micro-payment solutions involving a wide base of users through internet or wireless applications.

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

Head Office

Dale Peterson, President & CEO
Fireswirl Technologies Inc.
Phone: 604.540.8805 Ext 230
Fax: 604.677.6613
Website: www.fireswirl.com
Email: dpeterson@fireswirl.com

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