SOURCE: FTS Group, Inc.

January 10, 2008 09:26 ET

Elysium Internet Signs Letter of Intent to Acquire Premium Geo-Based Domain Portfolio for $1.3 Million

Target Portfolio of Over 900 Geo-Based Names Are 95% .coms

TAMPA, FL--(Marketwire - January 10, 2008) - Elysium Internet, Inc. a profitable online media Company and wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP), today announced that it has signed a Letter of Intent to acquire a domain portfolio of over 900 geo-based premium mostly .com names. The deal is valued at $1.3 Million US.

Elysium Internet CEO Scott Gallagher commented, "Our shareholders are seeing the results of our months of work during the end of 2007 with several announcements this week. We've already closed an acquisition expanding our domain portfolio while adding to new technology platform to monetize our portfolio. Today's announcement takes our Internet operations even further by agreeing on the terms to acquire a leading geo-based domain portfolio that fits our model perfectly." Gallagher went on to say, "We estimate that once fully deployed, the target portfolio should generate $100,000 to $150,000 a month of high margin revenue for Elysium. We also have developed a plan to fund the deal without any further dilution of FTS Group shares. We have 30 days to get the deal done."

Investors are invited to visit the FTS Group IR Hub at 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 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. (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 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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