YARDLEY, Pa., Nov. 10th, 2003 (PRIMEZONE) -- FTS Wireless, Inc., (OTCBB:FLIP) a diversified wireless company and Wi-Fi Hot Spot Operator, today announced the appointment of Mr. Robert Lewis as its new Chief Operating Officer (COO).
The 30 year Verizon Corp. (NYSE:VZ) veteran was Manager of Regulatory Matters, Rates and Tariffs, Operations, Product Management and worked closely with top level management to bring products and services to market. He also developed white papers and responses to corporate critical issues and was a key player on major project teams.
FTS CEO Mr. Scott Gallagher stated, "We are pleased and excited to have Mr. Lewis step into this key leadership role at FTS. His breadth and depth of experience in the telecommunication industry will play a vital role in helping us expand our wireless operations and build the infrastructure to support our growth plans going forward."
New FTS COO Mr. Robert Lewis commented, "I am excited and find it an honor to join FTS, a company that has a very aggressive and visionary business plan. In addition to FTS's market opportunities, I find Scott Gallagher to be an exceptional person with outstanding leadership qualities, a strong grasp of the business and financial markets and a tenacious determination to grow this company."
About FTS Wireless
Tampa, FL -based FTS Wireless, a wholly owned subsidiary of FTS Apparel, Inc. (pending name change to "The FTS Group") traded on the OTCBB under the ticker symbol "FLIP," operates retail wireless locations in the Gulf Coast region of Florida, and greater Philadelphia metro area, and sells pre-paid wireless products and services in various markets along the eastern seaboard. The Company is currently installing operates Wi-Fi hotspots throughout its wireless location network. All FTS products are marketed worldwide through its e-store. For additional information about FTS Apparel, Inc or any of its subsidiaries, please visit our website at www.FTSWireless.com or review our periodic filings with the Securities and Exchange Commission at http://www.sec.gov.
Forward-Looking Statement
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, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, the success of new enhancements to the Company's brand image, growth in domestic sales, ability to attract and retain key personnel, sales and earnings results, 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.