| 1. | I have reviewed this quarterly      report on Form 10-Q of First Transaction Management,      Inc.; |
|----|-----------------------------------------------------------------------------------------------------|

| 2. | Based on my knowledge, this      quarterly report does not contain any untrue statement of a material fact      or omit to state a material fact necessary to make the statements made, in      light of the circumstances under which such statements were made, not      misleading with respect to the period covered by this quarterly      report; |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Based on my knowledge, the      financial statements, and other financial information included in this      quarterly report, fairly present in all material respects the financial      condition, results of operations and cash flows of the registrant as of,      and for, the periods presented in this quarterly      report; |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | I am responsible for establishing      and maintaining disclosure controls and procedures (as defined in Exchange      Act Rules 13a-15(e) and 15d-15(e)) for the registrant and I      have: |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | a) | designed such disclosure controls      and procedures, or caused such disclosure controls and procedures to be      designed under my supervision, to ensure that material information      relating to the registrant is made known to me by others, particularly      during the period in which this quarterly report is being      prepared; |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | b) | designed such internal control      over financial reporting, or caused such internal control over financial      reporting to be designed under my supervision, to provide reasonable      assurance regarding the reliability of financial reporting and the      preparation of financial statements for the external purposes in      accordance with generally accepted accounting      principles; |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | c) | evaluated the effectiveness of      the registrant's disclosure controls and procedures and presented in this      report my conclusions about the effectiveness of the disclosure controls      and procedures, as of the end of the period covered by this report based      on such evaluation;and |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | d) | disclosed in this report any      changes in the registrant's internal controls over financial reporting      that occurred during the registrant's most recent fiscal quarter that have      materially affected, or are reasonably likely to materially affect, the      registrant's internal controls over financial      reporting. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | I have disclosed, based on my      most recent evaluation, to the registrant's auditors and the audit      committee of registrant's board of directors (or persons performing the      equivalent functions): |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | a) | all significant deficiencies in      the design or operation of internal controls which could adversely affect      the registrant's ability to record, process, summarize and report      financial data and have identified for the registrant's auditors any      material weaknesses in internal controls;  and |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | b) | any fraud, whether or not      material, that involves management or other employees who have a      significant role in the registrant's internal    controls. |
|--|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | I have indicated in this      quarterly report whether there were significant changes in internal      controls or in other factors that could significantly affect internal      controls subsequent to the date of my most recent evaluation, including      any corrective actions with regard to significant deficiencies and      material weaknesses. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Dated:      November 15, 2010 |      |                                                                          |
|-------------------------------|-----------|-------------------------------------------------------------------------------|
|                          | By:  | /s/      Lawrence Chimerine                                                   |
|                          |      |     Lawrence      Chimerine , Chief Executive Officer and |
|                          |      |     President                                             |

----