First Factor Reports Appointment of Director

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 13, 2007) - First Factor Developments Inc. (NEX:FFD.H) reports that it has appointed Mr. Gregory Beischer of Anchorage, Alaska as a director of the company. Mr. Beischer is a Geologist and Mining Engineering Technologist with more than 20 years of experience exploring for and developing metallic and industrial mineral deposits in North America. Mr. Beischer is currently a Senior Earth Resources Consultant with Bristol Environmental & Engineering Services Corporation in Anchorage, Alaska. Previously, he was employed as Exploration Manager, Alaska & Western Canada for American Copper & Nickel Company, Inc., a subsidiary of INCO Ltd. In addition to strong geological and mineral industry technical expertise, Mr. Beischer has extensive experience working with Alaska's Native Corporations, project permitting, and public and governmental relations. Mr. Beischer is the Chair of the Anchorage branch of the Alaska Miner's Association, 2nd Vice-President of the state-wide Alaska Miner's Association, a member of both the Alaska Minerals Commission and the Alaska Geological Mapping Advisory Board, and is the interim Chair for the Bureau of Land Management's Resource Advisory Council in Anchorage.

ON BEHALF OF THE BOARD

Allan Williams, President

FOR FURTHER INFORMATION PLEASE CONTACT:

First Factor Developments Inc.
Allan Williams
President
(604) 484-7088