Contact Information: Contact: www.FTSGroup.com Scott Gallagher CEO Voice: (215) 688-2355 e-mail: Email Contact
FTS Wireless Sees 15 to 20% Increase in Year Over Year Handset Sales for January
| Source: FTS Group, Inc.
TAMPA, FL -- (MARKET WIRE) -- January 30, 2007 -- FTS Group, Inc. (OTCBB : FLIP ), an acquisition and
development Company operating in the wireless, technology and Internet
space, today announced that its wholly owned retail wireless business
expects to post a 15 to 20% gain in wireless handset sales year over year
during the month of January.
FTS Group CEO Scott Gallagher commented, "Our wireless business continues
operating at levels substantially greater than the same period during 2006.
On the back of the 30% plus gain in year over year wireless handset sales
experienced during the month of December, we now expect wireless handset
sales to be up 15 to 20% compared to last January."
The overall growth in handset sales continues to be fueled by increased
sales of Metro PCS wireless handsets. Metro launched some very popular new
handsets like colored V3 RAZR's, the Motorola L7c SLVR and the new Motorola
K1 KRZR Video phone in recent months.
About FTS Group, Inc.
FTS Group, Inc. (OTCBB : FLIP ) is a publicly traded holding company
operating in the wireless industry through its wholly owned subsidiaries
FTS Wireless, Inc. and See World Satellites, Inc. The Company operates
through retail locations in Florida and Pennsylvania and globally over the
Internet through its web sites www.FTSGroup.com, www.CellChannel.com,
www.SeeWorld.biz and www.FTSWireless.com. 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, ability to attract and retain key personnel, and
general economic conditions affecting consumer spending, including
uncertainties relating to global political conditions, such as terrorism.
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.