CHARLOTTE, N.C., Feb. 3, 2005 (PRIMEZONE) -- SmallCapReview.com (www.SmallCapReview.com), a leading small-cap and penny stock information site, introduces a new profile for FTS Wireless (OTCBB:FLIP) to its database of subscribers and its website audience.
FTS Wireless Inc., is an emerging regional operator of nine retail wireless locations in the Florida Gulf Coast region and the Philadelphia suburban market. The stores market and sell next generation wireless products and services as well as offering Wi-Fi HotSpot's. The Company offers services and activation from four major carriers (AT&T Wireless/Cingular, T-Mobile, Sprint, and Nextel) in addition to others. FLIP also has marketing rights in several markets located along the eastern seaboard to sell and distribute cellular products and services offered by Air Voice Wireless, an AT&T/Cingular Wireless reseller.
During the third quarter FTS grew wireless activation levels by more than 100% when compared to the second quarter of 2004. For the first 9 months of 2004 FTS grew top line revenue by 1185% from $43,111 in 2003 to $510,991.
The full profile for FTS Wireless including investor highlights may be viewed at http://www.smallcapreview.com/flip.htm.
For the more information on FTS Wireless or to see the full profile including investor highlights please visit http://www.smallcapreview.com/flip.htm or the company's website at http://www.ftswireless.com.
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Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management's intent, belief and expectations, such as statements concerning future operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in company filings with the Securities and Exchange Commission. One or more of these factors have affected, and in the future could affect businesses and financial results in the future and could cause actual results to differ materially from plans and projections. It is believed that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the company or any other person that objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available. We assume no obligation to update any forward-looking statements, except as required by law.
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