Elysium Internet, Inc. Closes Acquisition of Health-Related Internet Directory Business

TAMPA, FL--(Marketwire - July 24, 2007) - FTS Group, Inc. (OTCBB: FLIP), an acquisition and development Company operating in the Internet, Wireless and Technology space, today announced that effective July 23rd, 2007, its wholly owned subsidiary Elysium Internet, Inc. has closed the previously announced Internet Directory Business acquisition.

FTS and Elysium CEO Scott Gallagher commented, "Today's strategic acquisition is a major step forward for FTS as a Company and the emerging development of Elysium Internet, Inc. We have immediate plans to build out the related vertical market Directory opportunities contained within TherapeuticDirectory.com." Gallagher went on to say, "In addition to the future potential upside opportunities today's acquisition offers our Company and its customers, for the first time since we took control of FTS in 2002 we own our customers and are not functioning as a pure reseller. As we continue to create value by acquiring and building out domains like Therapists.net under our recurring revenue model both our Company and our advertising partners will continue to drive significant benefits."

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, 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: Contact: FTS Group, Inc. www.FTSGroup.com www.ElysiumInternet.com Scott Gallagher CEO 727-417-7807