SOURCE: FTS Group, Inc.

January 08, 2008 06:00 ET

Elysium Internet Subsidiary, Dice Ventures, Inc., Names Marco Janeczek as Its CEO

Company Names Industry Veteran to Lead the Launch of Its New Technology Platform

TAMPA, FL--(Marketwire - January 8, 2008) - Elysium Internet, Inc., a profitable online media Company and wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP), today announced that Mr. Przemyslaw "Marco" Janeczek has agreed to stay on as CEO of Elysium's subsidiary, Dice Ventures, Inc. and become a senior advisor to the board of directors of Elysium Internet, Inc.

Elysium Internet CEO Scott Gallagher commented, "We're excited to have an individual with the experience and capability of Mr. Janeczek join our management team at this exciting time in our growth cycle. His experience in starting and developing Internet businesses around the globe will be an invaluable asset to our Company and our shareholders as we work collectively to build our Internet operations into a major force in the direct navigation media space."

Dice Ventures CEO Marco Janeczek commented, "I believe that with FTS Group as the parent company of Dice Ventures, Dice will be able to quickly position itself in the USA/Canada-based domain space, becoming a competitive player in the direct navigation space. I am very excited regarding this deal and becoming an FTS shareholder. I believe there will be lots of rewards for current FTS shareholders."

Marco Janeczek has been in the Internet business since the early days. Founder of a number of startups, including Perfumes.ca, a competitive player in the online fragrance arena, EuroBit Consulting, a $2M dollar company in the IT consulting business, and Bank Medical Center, a 17-physician and 52-staff medical center.

He has been a key player in the growth of PhonePages, a Montreal-based yellow pages listing telemarketing center, as the co-founder, bringing the company to seven digit sales and pushing an exit strategy. At the same time becoming the founder of a domain name business Planet Domains with 6500 domains.

Mr. Janeczek has been involved in a number of online firms and currently is the CEO of Italy-based Zooppa.com and CEO of a European based domain name initiative. Mr. Janeczek sits on the board of a number of startup and Internet incubators/accelerators, including an Italian-based fund h-farm, where he is the chief strategy officer and one of the main players involved in financing startups and investments. He is also involved in a number of Seattle-based companies, backed by VCs and strategically positioned startups with key industry players.

Mr. Janeczek has been described by some as a visionary person, applying well thought out business models to domain names and securing industry partners for the business.

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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