SOURCE: FTS Group, Inc.

November 20, 2007 08:00 ET

FTS Group Posts Highest Sales Level in Company's 10-Year History, Q3 Sales Jump 11% to $1,826,229, Operating Cash Flow Increases 44% to $246,414

TAMPA, FL--(Marketwire - November 20, 2007) - FTS Group, Inc. (OTCBB: FLIP), an acquisition and development Company operating in the Internet, Wireless and Technology space, today announced that it posted record revenues of $5,393,322 for the first nine months of 2007. The Company also reported an 11% year-over-year increase in Q3 revenue to $1,826,229 vs. $1,645,247 for the same period of 2006. The revenue levels for Q3 and the nine-month period are both Company records. Below are some of the key results achieved during the third quarter and nine-month period of 2007:

--  Year over year top-line sales increased by 11% to $1,826,229 for the
    third quarter of '07
--  Nine-month sales were a record $5,393,322, up 9.8% year-over-year
--  Stockholders Equity increased 13.4% versus the same period in 2006 to
--  Operating cash flow increased 44% to 246,414 compared to the same
    period of 2006
--  FTS Wireless Q3 sales increased 50.7% to a record $620,092
--  Nine month non derivative EBITDA increases 68.1% to $156,951 from
    $93,362 in '06

FTS Group Chairman and CEO Scott Gallagher commented, "We're pleased to report continued strong operating results to the stockholders of our Company. FTS posted the best quarterly and nine-month sales numbers in the 10-year history of the Company. We saw consolidated quarterly sales jump 11% year-over-year and sequential sales increase by 3.4%. Our operating cash flow continued to grow increasing by 44% year-over-year and our Internet subsidiary generated a profit for the quarter." Gallagher continued, "Our Company continues to grow and build a strong business foundation while continuing to seek out and identify new opportunities. Since the third quarter ended, we've acquired a new patent pending cell phone translation technology, retained AGORACOM, North America's leading IR firm as our online investor relations Company and we're nearing the launch of our new and improved Therapeutic Directory. I'd have to say I'm personally very excited at the opportunities in front of our Company right now and look forward to exploiting them to the fullest extent. In addition, I'd like to thank the employees of FTS Group and all of our subsidiary Companies for their hard work and dedication and congratulate them for their record performance in Q3 and all of 2007."

Investors are invited to visit the new 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 go to and 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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