Elysium Internet Subsidiary, Dice Ventures, Inc., Names Marco Janeczek as Its CEO
Company Names Industry Veteran to Lead the Launch of Its New Technology Platform
TAMPA, FL--(Marketwire - January 8, 2008) - Elysium Internet, Inc., a profitable online media
Company and wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP), today
announced that Mr. Przemyslaw "Marco" Janeczek has agreed to stay on as CEO
of Elysium's subsidiary, Dice Ventures, Inc. and become a senior advisor to
the board of directors of Elysium Internet, Inc.
Elysium Internet CEO Scott Gallagher commented, "We're excited to have an
individual with the experience and capability of Mr. Janeczek join our
management team at this exciting time in our growth cycle. His experience
in starting and developing Internet businesses around the globe will be an
invaluable asset to our Company and our shareholders as we work
collectively to build our Internet operations into a major force in the
direct navigation media space."
Dice Ventures CEO Marco Janeczek commented, "I believe that with FTS Group
as the parent company of Dice Ventures, Dice will be able to quickly
position itself in the USA/Canada-based domain space, becoming a
competitive player in the direct navigation space. I am very excited
regarding this deal and becoming an FTS shareholder. I believe there will
be lots of rewards for current FTS shareholders."
Marco Janeczek has been in the Internet business since the early days.
Founder of a number of startups, including Perfumes.ca, a competitive
player in the online fragrance arena, EuroBit Consulting, a $2M dollar
company in the IT consulting business, and Bank Medical Center, a
17-physician and 52-staff medical center.
He has been a key player in the growth of PhonePages, a Montreal-based
yellow pages listing telemarketing center, as the co-founder, bringing the
company to seven digit sales and pushing an exit strategy. At the same time
becoming the founder of a domain name business Planet Domains with 6500
domains.
Mr. Janeczek has been involved in a number of online firms and currently is
the CEO of Italy-based Zooppa.com and CEO of a European based domain name
initiative. Mr. Janeczek sits on the board of a number of startup and
Internet incubators/accelerators, including an Italian-based fund h-farm,
where he is the chief strategy officer and one of the main players involved
in financing startups and investments. He is also involved in a number of
Seattle-based companies, backed by VCs and strategically positioned
startups with key industry players.
Mr. Janeczek has been described by some as a visionary person, applying
well thought out business models to domain names and securing industry
partners for the business.
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 FTS Group, Inc.
FTS Group, Inc. (OTCBB: FLIP) is a publicly traded acquisition and
development Company. The Company generated profitable sales of $6.6 million
during 2006, an increase of 409% from the previous year. FTS is focused on
acquiring, developing and investing in cash flow positive businesses and
viable business ventures primarily those in the wireless and Internet
space. The 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.
Contact Information: FTS Group, Inc.
Contact:
www.FTSGroup.com
Scott Gallagher
CEO
727-417-7807