TAMPA, Fla., March 2, 2005 (PRIMEZONE) -- FTS Wireless, Inc., a subsidiary of FTS Group, Inc. (OTCBB:FLIP), an operator of retail wireless locations that market and sell next-generation wireless products and services and operates Wi-Fi Hot Spots, today announced record sales results for Sprint PCS wireless products and services during the month of February.
FTS CEO Scott Gallagher commented, "Our business continues to experience accelerated growth rates as sales of Sprint PCS wireless products and services have surged some 500% over the past 12 months." Gallagher went on to say, "Going forward we expect our new location, new call center and new Internet model will continue to generate record sales gains. We expect the pending merger of Sprint and Nextel will have a positive impact on FTS by improving the Nextel Indirect channel model."
FTS recently announced the successful launch of a new wireless portal www.CellChannel.com featuring custom MP3 ring-tone making software allowing users to make an unlimited number of custom ring-tones every month for a small fee and a FREE trial period.
About FTS Wireless, Inc.
FTS Wireless Inc., a wholly owned subsidiary of FTS Group, Inc. (OTCBB:FLIP), 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. The company markets and sells products worldwide through its e-commerce site's www.CellularDeals.com and www.CellChannel.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 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.