SOURCE: FTS Group, Inc.

March 27, 2008 07:00 ET

FTS Group Plans Conference Call Next Week

TAMPA, FL--(Marketwire - March 27, 2008) - FTS Group, Inc. (OTCBB: FLIP), an acquisition and development Company generating over $7 Million in sales during 2007, today announced that it will host a stockholder conference call next Thursday, April 3, after the market close. Call in details will be disclosed next week. Investors are urged to e-mail questions they would like to be addressed on the call to FTSGroup@aol.com.

FTS CEO Scott Gallagher commented, "It appears for some reason the market and investors do not fully understand the effects of the two recent transactions closed by FTS Group. First the OTG deal. We formed OTG Technologies Group, Inc., a wholly owned subsidiary of FTS Group, Inc. to operate and develop the assets we acquired from On the Go Healthcare, Inc. dba On the Go Technologies. These assets make up an IT Solutions provider that generates roughly $23 to $26 Million in annual sales. The Company generates gross profit margins in the range of 18% to 21%. We did not acquire the corporate overhead and management team of the public Company, On The Go Healthcare, Inc. Our financial modeling and projections are based on the new business being properly funded and a dramatic reduction in fixed operating costs. If we're successful in executing our plans the business should cash flow between $1.5 and $2 Million annually."

Gallagher continued, "With regards to the Elysium transaction, we sold our Internet Company Elysium Internet, Inc. to US Biodefense in exchange for a $1.5 Million Note and non dilutive preferred stock that convert into 60% of the issued and outstanding shares subject to certain restrictions. FTS immediately acquired significant assets expected to double stockholder value, the proceeds from the note will accelerate our convertible debt reduction plans. From a business perspective, Elysium now has the tools to build the Company from a start-up formed last July into a significant player in the Internet Media/Directory space. Both of these transactions will unequivocally have a positive impact going forward on the underlying value of FTS Group shares. And just to reiterate, we have no plans and will not effect a reverse stock split for any reason during 2008. My original shares were bought back in 2002 and were purchased for cash at $.03 a share, I own shares at $.20 as well so I feel the current market pain of our stockholders. Our current valuation is closer to that of an empty shell than a cash flow positive $30 Million Company. In the long run savvy investors taking advantage of the recent share decline should be very well rewarded. I plan to make additional open market purchases of FTS common stock after we come out of the current black out period. I look forward to further discussing the exciting opportunities these recent deals offer our Company and its stockholders on next weeks call."

About FTS Group, Inc.

FTS Group, Inc. (www.FTSGroup.com) (OTCBB: FLIP) is a publicly traded acquisition and development Company focused on acquiring, developing and investing in cash flow positive businesses and viable business ventures, primarily those in the Technology, 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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