TAMPA, Fla., Feb. 14, 2005 (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 products and services and operates Wi-Fi HotSpots, today announced new wireless features for its soon to be launched portal www.CellChannel.com.
FTS CEO Scott Gallagher commented, "www.CellChannel.com will dramatically enhance the mobile experience for FTS Wireless customers, while opening a new revenue channel for FTS. Customers will have access to the latest in Mobile content including picture sharing functions, SMS messaging and unlimited custom ringtones and wallpaper." Gallagher went on to say, "With the mobile entertainment market expected to reach $60 billion U.S. by 2009 and analysts expecting camera phones to capture some 29 billion images a year, we believe CellChannel.com will be well positioned to take advantage of this emerging opportunity for FTS heading into 2005."
FTS is planning to launch www.CellChannel.com later this week.
About FTS Wireless, Inc.
FTS Wireless Inc., a wholly owned subsidiary of FTS Group, Inc. (OTCBB:FLIP), is an emerging regional operator of retail wireless locations that market and sell next-generation wireless products and services and operates Wi-Fi HotSpots. FTS Wireless currently operates a chain of retail wireless locations in the Florida Gulf Coast region and the Philadelphia suburban market. The company markets and sells products worldwide through its e-commerce sites http://www.CellularDeals.com and www.CellChannel.com. For additional information about FTS Group, Inc. or its subsidiary, please visit our web site at http://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, 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 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. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.