LEVITTOWN, Pa., June 22, 2004 (PRIMEZONE) -- FTS Wireless, Inc., a wholly owned subsidiary of FTS Group, Inc. (OTCBB:FLIP), an operator of retail wireless locations that market and sell next generation wireless and VoIP products and services, and operate Wi-Fi HotSpot's, today announced that its has continued to see consistent sales gains and overall interest levels in new Sprint (NYSE:FON) PCS Vision products and services such as MobiTV, Sprint picture mail and Ready Link services.
FTS Wireless CEO Scott Gallagher commented, "In our opinion, Sprint continues to lead the market in delivering some of the most popular wireless handsets and content. FTS has experienced increases in overall monthly sales of Sprint PCS wireless products and services such as Vision for 5 consecutive months running. With Sprint's schedule of new product launches in the coming year, we don't expect this trend will end anytime soon."
According to writers at TheSreet.com, Sprint is preparing to unveil its much-anticipated wireless data plans at an industry technology show in Chicago this morning, according to people familiar with the company. The Overland Park, Kan., telco is expected to announce that it has chosen a wireless transmission standard known as evolution data only, or EV-DO, to upgrade its network and offer fast Internet access to its cell-phone and laptop subscribers.
About Sprint
Sprint is a global integrated communications provider serving more than 26 million customers in over 100 countries. With approximately 65,000 employees worldwide and over $26 billion in annual revenues in 2003, Sprint is widely recognized for developing, engineering and deploying state-of-the-art network technologies, including the United States' first nationwide all- digital, fiber-optic network and an award-winning Tier 1 Internet backbone. Sprint provides local communications services in 39 states and the District of Columbia and operates the largest 100-percent digital, nationwide PCS wireless network in the United States. For more information, visit http://www.sprint.com.
About FTS Wireless, Inc.
FTS Wireless Inc., is an emerging regional operator of retail wireless locations that market and sell next generation wireless products and services, and operate Wi-Fi HotSpot's. FTS Wireless currently operates six retail wireless locations in the Florida Gulf Coast region and one location in the Philadelphia suburban market, and worldwide through its e-commerce site www.SatPhoneCenter.com. For additional information about FTS Group, Inc. or its subsidiary, please visit our website at www.FTSWireless.com or review our periodic filings with the Securities and Exchange Commission at http://www.sec.gov.
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, 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 as filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.