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.
CONFERENCE DETAILS
Date: Thu Dec 13, 2007
Start time: 4:30 PM Eastern Standard Time
Dial-in number: 888.339.2688
International
Dial-in number: 617.847.3007
Participant Pass Code: 345 156 48
Investors are invited to visit the FTS Group IR Hub at
www.agoracom.com/ir/ftsgroup 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
FTS@agoracom.com 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
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.
Contact Information: Contact:
www.FTSGroup.com
Scott Gallagher
CEO
FTS Group, Inc.
727-417-7807