TAMPA, FL--(Marketwire - June 28, 2007) - FTS Group, Inc. (
OTCBB:
FLIP) an acquisition and
development Company, today announced that it will host an investor
conference call titled "Second Quarter Update." The call will feature a Q &
A session and provide investors with an update regarding the operations of
FTS Group during the first half of 2007 as well as discuss the
opportunities and expectations for the second half of the year.
FTS CEO, Scott Gallagher, commented, "We are days away from completing
another strong operational quarter for our Company. As announced last week,
during Q3 we'll be entering the Internet media space through the
acquisition of an Internet media business and operating platform as well as
by leveraging our existing domain portfolio of 1,100 plus direct navigation
domain names." Gallagher went on to state, "I recently attended the
T.R.A.F.F.I.C. conference in NYC for the domain industry. During the
conference, a domain name auction was conducted where more than $11 Million
in successful bids were accepted, the most ever recorded. The auction and
the conference in general reinforced the view I've held for over a year
that a huge opportunity for FTS exists in developing high quality direct
navigation domain names into successful business models both related to our
operating businesses and in new media channels. I look forward to providing
additional details regarding our plans for the new Internet media business
as well as our other operating companies during the call."
Conference Call information:
Call title: Second Quarter Update
Date: Thursday, July 19th, 2007
Time: 4:15 pm EDT
Dial in Number: 866.277.1181
International Dial-in number: 617.597.5358
Participant pass code: 976 872 64
About FTS Group, Inc.
FTS Group, Inc. (
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. The Company operates
in the Wireless, Technology and Internet space through its wholly owned
subsidiaries FTS Wireless, Inc. and See World Satellites, Inc. The Company
operates through retail locations in Florida and 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.
Contact Information: FTS Group, Inc. Contact:
www.FTSGroup.com
Scott Gallagher
CEO
727-417-7807