SOURCE: FTS Group, Inc.

February 28, 2008 07:00 ET

Elysium Internet Completes Acquisition of

TAMPA, FL--(Marketwire - February 28, 2008) - Elysium Internet, Inc., an emerging Internet Media/Direct Navigation advertising company and wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP), today announced that it has completed the acquisition of the generic domain name

Elysium Internet Founder and CEO Scott Gallagher commented, "We're pleased to have completed the acquisition of the category specific generic domain name, our largest domain purchase to date. Local Internet advertising is in the middle of a multi year upward trend. We believe, when fully developed using our directory advertising platform will become the leading brand in the related accounting and financial services space delivering significant value to both advertisers and users of the site. Based on our current model we expect both and to be profitable ventures almost immediately." Gallagher continued, "We're also pleased to have received non stock related financial backing for the acquisition from Domain Capital, Inc. ( DC is one of the Industry leaders in funding premium domain acquisitions and we look forward to working with them on future deals."

Elysium has announced plans to be acquired by publicly traded US Biodefense, Inc. (OTCBB: USBF), dba Internet Holdings, in a deal expected to give FTS Group, Inc. majority control of the Company.

About Elysium Internet, Inc.

Elysium Internet, Inc. is an emerging direct navigation online media Company. Its domain assets include;,,,,,,,,, and many others. The Company is in the process of developing several proprietary direct navigation ad platforms. Elysium is a wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP), a publicly traded acquisition and development Company. The holding 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

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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