TAMPA, FL--(Marketwire - December 18, 2007) - Elysium Internet, Inc., an online media Company
and wholly owned subsidiary of FTS Group, Inc. (
OTCBB:
FLIP)
(
www.FTSGroup.com), today announced the expansion of its domain portfolio
with the acquisition of 23 direct navigation domain names for its soon to
be launched legal search directories; SecuritiesAttorney.net,
LocalAttorney.net and CaymansAttorney.com.
Elysium CEO Scott Gallagher commented, "We continue to acquire top level
domain names as we ready for the launch of our targeted attorney search
directories in January. With thousands of Cayman Islands based companies
operating in the US, we believe the domains CaymansAttorney.com,
CaymanIslandsAttorney.net and CaymansCorp.com will generate significant
direct navigation traffic to our directory when launched in January. Our
direct navigation based directory platform is expected to be completed by
the end of the year."
An online replay of the FTS Group shareholder conference call is now
available on the investor's hub at
www.AGORACOM.com.
December 13th Conference Call Highlights:
-- On the Call management announced plans for a spin-off or share
exchange relating to its wholly owned subsidiary FTS Wireless.
-- The process would result in a new asset via a majority block of shares
being held by FTS Group to be spun off to its shareholders at a later date.
-- Company expects 2007 revenue of $7.2 to $7.6 Million.
-- Company will release 2008 Guidance in mid January.
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.
Contact Information: Contact:
www.FTSGroup.com
Scott Gallagher
CEO
727-417-7807