Contact Information: Contact: www.FTSGroup.com Scott Gallagher CEO 727-417-7807
Elysium Internet Signs Agreement to Acquire Auditors.com in a Deal Expected to Close in Two Weeks
| Quelle: Elysium Internet, Inc.
TAMPA, FL--(Marketwire - February 4, 2008) - Elysium Internet, Inc. a profitable direct
navigation media Company and wholly owned subsidiary of FTS Group, Inc.
(OTCBB : FLIP ), today announced that it has signed an agreement to acquire
Auditors.com.
Elysium Internet CEO Scott Gallagher commented, "We expect to close the
acquisition of Auditors.com within the next two weeks. Our new direct
navigation internet directory advertising platform is expected to be
completed next month as well. Auditors.com will join Therapists.net and
SecuritiesAttorney.net in becoming one of our first three technology
launches. When the platform is completed we expect to launch 2 directories
a month for the following 12 months at least."
Investors are invited to visit the FTS Group IR Hub at
www.agoracom.com/ir/ftsgroup where they can post questions and receive
answers or review questions and answers already posted by other investors.
Alternatively, investors are able to e-mail all questions and
correspondence to FTS@agoracom.com where they can also request to be added
to the investor e-mail list in order to receive all future press releases
and updates in real time.
About Elysium Internet, Inc.
Elysium Internet, Inc. is an emerging direct navigation online media
Company. Its domain assets include; TheDirectoy.com, Therapists.net,
SecuritiesAttorney.net, Passenger.net, eBoxing.com, TheFund.net and many
others. The Company is in the process of developing several proprietary
direct navigation ad platforms. Elysium is a wholly owned subsidiary of FTS
Group, Inc. (OTCBB : FLIP ) a publicly traded acquisition and development
Company. The holding Company generates revenue through its three wholly
owned subsidiaries; See World Satellites, Inc., FTS Wireless, Inc. and
Elysium Internet, Inc. For additional information about FTS Group, Inc. or
any of its wholly owned subsidiaries please review the Company's quarterly,
annual and other filings with the Securities and Exchange Commission at
http://www.SEC.gov or contact the Company at the e-mail or phone number
below.
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, general economic conditions affecting consumer
spending, including uncertainties relating to global political conditions.
Information with respect to important factors that should be considered is
contained in the Company's Annual Report on Form 10-K and 10-K/A as filed
with the Securities and Exchange Commission. Readers are cautioned not to
place reliance on these forward-looking statements, which speak only as of
the date hereof.