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AFS TECHNOLOGIES, INC. PROMOTES LANCE ANDERSON TO VICE PRESIDENT, NATIONAL SALES

New Role Reflects Growing Presence in Food Manufacturing Technology

Phoenix, AZ, February 11, 2010 - AFS Technologies, Inc. ("AFS"), is pleased to announce the appointment of Lance Anderson to the position of Vice President, National Sales with a focus on the food manufacturing segment. Mr. Anderson has over fifteen years experience in the food industry, with the last six years at IRM Corporation and AFS. During his tenure, Lance has worked with many of the largest food manufacturers in the areas of trade promotions management, business intelligence, and analytics. His extensive knowledge and background in the food and beverage industry has been instrumental in AFS Technologies' rapid growth in the food manufacturing segment.

"Lance has been a key member of the AFS team and this new position reflects not only the value of his past contributions, but more importantly the expanded role he will play as AFS increases its presence in food manufacturing," said Kurien Jacob, AFS Technologies' CEO.

About AFS Technologies, Inc.
AFS Technologies Inc. is the leading provider of business enterprise and on-demand software solutions. The company serves over 1,200 customers across the Americas with a portfolio of solutions for the Food, Beverage and Financial segments. AFS Food and Beverage solutions are designed to reduce costs, improve efficiency, increase sales and margins, streamline internal processes, and assist in regulatory compliance. AFS Financial Solutions address the complex issues related to revenue recognition as part of a comprehensive ERP system including GL, AR and AP. All AFS solutions utilize service oriented architecture (SOA) built with Microsoft .NET framework technology. With a focus on modular design, the solutions allow customers in manufacturing, sales agencies, distribution, and complex software companies the flexibility to upgrade specific elements of the software without affecting the rest of the system. To match the needs of our diverse customer base, products are available on both a license and true SaaS model basis.

For additional information, please visit www.afsi.com or call 877.821.3007.

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