TAMPA, Fla. , Nov. 11, 2004 (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 and VoIP products, and services and operate Wi-Fi Hot Spots today announced the addition of Cingular Wireless products and services to its wireless offering. Cingular recently closed its previously planned acquisition of AT&T. The deal created the largest wireless carrier in the United States with some 46 million subscribers.
FTS CEO Scott Gallagher commented, "Adding Cingular products and services to our national wireless offering will give FTS a significant distribution advantage in targeted markets around the country. We expanded our relationship with Philadelphia based-Digital Communications Warehouse (DCW) enabling FTS to sell and market Cingular products and services on a national level. DCW is now the largest national master agent for Cingular Wireless." Gallagher went on to say, "Our new wireless distribution center will be fully operational within the next 6 to 8 weeks. Once fully operational we expect the call center to contribute noticeably to continued top-line revenue growth by expanding our national distribution channel."
About FTS Wireless, Inc.
FTS Wireless Inc., is an emerging regional operator of retail wireless locations that market and sell next generation wireless products and services and operate Wi-Fi HotSpot's. 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 site's www.CellularDeals.com and www.SatPhoneCenter.com . For additional information about FTS Group, Inc. or its subsidiary, 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 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.