SOURCE: FTS Group, Inc.

October 30, 2006 10:18 ET

FTS Wireless to Begin Offering New MySpace Accessible Cell Phones From Helio™

TAMPA, FL -- (MARKET WIRE) -- October 30, 2006 -- FTS Wireless Inc., a wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP), today announced that it will begin offering Helio™ Wireless handsets and rate plans through its retail and new Internet sales channels beginning in November.

Helio™ is an MVNO (Mobile Virtual Network Operator) lead by Internet visionary and Earthlink founder Sky Dayton. The Company has secured an exclusive partnership with MySpace.com, the youth hot spot with over 55 Million users. MySpace was purchased by News Corp last year for $580 Million. Many MySpace.com users are young people who visit the site to post their own pages and communicate with Friends. Helio™ is the only mobile service provider to offer a custom mobile MySpace service that allows users to manage MySpace mail, comments and friend requests while on the go.

FTS CEO Scott Gallagher commented, "Helio™ has created what I personally believe to be one of the hottest wireless offerings in years. Mobile access to the 55 Million MySpace.com users should allow Helio™ to quickly become a leading national brand for today's youth market."

FTS Group COO David Rasmussen commented, "As I stated on the shareholder conference call, we'll continue to grow FTS Wireless organically." Rasmussen went on to say, "We're always looking at new products to increase our overall product portfolio and enable us to execute our growth strategy. Helio™ taps into a demographic that is readily available in the Tampa market and will continue to add shareholder value by expanding the FTS product offerings."

About FTS Group

FTS Group, Inc. (OTCBB: FLIP) is a publicly traded holding company operating in the wireless industry through its wholly owned subsidiaries FTS Wireless, Inc. and See World Satellites, Inc. The Company operates through locations in Florida and Pennsylvania, and globally over the Internet through its web sites: CellChannel.com, SeeWorld.biz and FTSWireless.com. For additional information about FTS Wireless, Inc., See World Satellites, Inc. or FTS Group, Inc., 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.

About Helio™

Helio™ is a new mobile brand custom-built for young, connected consumers. As a $440 million joint venture, Helio, LLC, brings together the innovation from the world leader in wireless -- SK Telecom -- and the service and support synonymous with leading Internet Service Provider (ISP) -- EarthLink -- to deliver a breakthrough mobile experience.

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, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Information with respect to important factors that should be considered is contained in the Company's Annual Report on Form 10-K 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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