SOURCE: FTS Group, Inc.

January 15, 2008 07:00 ET

Elysium Internet Agrees to Acquire Direct Navigation Domain Name NevadaLawyer.com

Company Announces Approximately $87,500 in Convertible Debt Has Been Paid Since December 1st

TAMPA, FL--(Marketwire - January 15, 2008) - Elysium Internet, Inc., a profitable online media Company and wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP), today announced that has agreed to acquire the direct navigation domain name NevadaLawyer.com. The acquisition adds to the Company's extensive portfolio of legal domains including several other Nevada and Delaware direct navigation legal domains. FTS also announced a recent wave of convertible debt reductions totaling $87,500.

FTS Group and Elysium Internet CEO Scott Gallagher commented, "We're excited to add NevadaLawyer.com to our growing legal domain portfolio. The two states with the most registered public corporations in America are Nevada and Delaware; we already own most of the direct navigation domains targeting that key market and NevadaLawyer.com is one we really wanted." Gallagher went on to say, "I'd also like to advise our shareholders that we've paid over $87,500 in convertible debt since December 1 of last year including $60,000 in the last week. This, in my opinion, is the reason for the recent decline in our share price. Our Companies continue to operate at or above expected levels. Potential acquisition and deal flow levels are actually the highest we've ever experienced. And lastly, our plans to spin off FTS Wireless are moving forward as expected and should deliver an additional increase in shareholder value when closed."

See World Satellites Founder Rickey Miller commented, "Why these money managers decided to liquidate their holdings at this time is beyond me. The Company is on the right track and moving forward. As a major stockholder of the Company I believe the debt reduction on the books of FTS Group is positive for all long-term shareholders and believe the new developments planned for FTS in 2008 will facilitate in major turnaround."

Investors are invited to visit the FTS Group IR Hub at www.agoracom.com/ir/ftsgroup where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to FTS@agoracom.com where they can also request to be added to the investor e-mail list in order to receive all future press releases and updates in real time.

About FTS Group, Inc.

FTS Group, Inc. (OTCBB: FLIP) is a publicly traded acquisition and development Company. The Company generated profitable sales of $6.6 million during 2006, an increase of 409% from the previous year. FTS is focused on acquiring, developing and investing in cash flow positive businesses and viable business ventures, primarily those in the wireless and Internet space. The Company generates revenue through its three wholly owned subsidiaries: See World Satellites, Inc., FTS Wireless, Inc. and Elysium Internet, Inc. For additional information about FTS Group, Inc. or any of its wholly owned subsidiaries please review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov or contact the Company at the e-mail or phone number below.

Forward-Looking Statements

Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, sales and earnings growth, general economic conditions affecting consumer spending, including uncertainties relating to global political conditions. Information with respect to important factors that should be considered is contained in the Company's Annual Report on Form 10-K and 10-K/A as filed with the Securities and Exchange Commission. Readers are cautioned not to place reliance on these forward-looking statements, which speak only as of the date hereof.

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