TAMPA, Fla., Jan. 30, 2006 (PRIMEZONE) -- FTS Group, Inc. (OTCBB:FLIP), a publicly traded acquisition and development Company operating in the wireless space through its wholly owned subsidiaries FTS Wireless, Inc. and See World Satellites, Inc., today announced that FTS Wireless has again set a Company record for monthly wireless handset sales during January.
FTS Wireless CEO Scott Gallagher commented, "We now expect to break our previous handset sales record set in December by approximately 20% for the month of January. With the Beyond Wireless acquisition now successfully integrated, we fully expect the growth trend we've established to continue." Gallagher continued, "Our deal pipeline is at full capacity. We expect to report audited 2004 and 2005 results for our recently acquired subsidiary See World Satellite shortly. After the audited numbers are delivered we intend to provide shareholders with a mid-quarter update and further discuss our plans for 2006."
About FTS Group, Inc.
FTS Group, Inc. (OTCBB:FLIP) is a publicly traded holding company operating in the wireless industry through its wholly owned subsidiaries FTS Wireless, Inc. and See World Satellites, Inc. Through FTS Wireless, the Company operates retail wireless locations in Florida's Gulf Coast market and Globally over the Internet through its web site CellChannel.com and FTSWireless.com. Through See World Satellites, the Company sells, markets and installs satellite television systems for DISH Networks in the western Pennsylvania market. For additional information about FTS Group or any of its subsidiaries please review the Companies quarterly and annual filings with the Securities and Exchange Commission at www.SEC.gov or contact the Company at the e-mail or phone number below.
Additional information for investors
This release may contain forward-looking statements regarding the Company's business, customer prospects, or other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in the forward-looking statements. Investors should read and understand the risk factors detailed in the Company's 10-KSB for the fiscal year ended December 31, 2004 and in other filings with the Securities and Exchange Commission and www.SEC.gov.