SOURCE: FTS Group, Inc.

November 30, 2007 07:00 ET

FTS Announces Shareholder Conference Call to Update Investors Regarding Operations, Acquisitions and Spin-Offs

Chairman and CEO Acquires Additional 1,960,784 Shares

TAMPA, FL--(Marketwire - November 30, 2007) - FTS Group, Inc. (OTCBB: FLIP), an acquisition and development Company, today announced plans to host a shareholder conference call on December 13th at 4:30 pm EST. The Company will discuss its third quarter operating results as well as provide shareholders with additional information regarding its acquisition of a patent pending cell phone translation technology. Additionally, the Company will provide a shareholder update regarding future acquisition and spin-off plans.

FTS Group, Inc. also announced today that its CEO has acquired an additional 1,960,784 common shares. FTS Chairman and CEO Scott Gallagher commented, "Based on my past comments regarding my intentions to increase my personal stake in FTS and my continued strong belief in the future success of our business model, I have increased my share position in FTS to 21,697,235." Mr. Gallagher previously announced his intentions to sign a one-year lock-up agreement on all shares held on December 31, 2007.


Date:                          Thu Dec 13, 2007
Start time:                    4:30 PM Eastern Standard Time
Dial-in number:                888.339.2688
Dial-in number:                617.847.3007
Participant Pass Code:         345 156 48

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.

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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