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Anyone watching this one today??? Had some pretty good news:
TAMPA, Fla., March 7, 2005 (PRIMEZONE) -- FTS Wireless, Inc., a subsidiary of FTS Group, Inc. (OTC BB:FLIP.OB - News), an operator of retail wireless locations that market and sell next-generation wireless products and services, and operates Wi-Fi Hot Spots, today announced that it expects to report 2004 top-line revenue in the range of $700,000 to $730,000 when the company files its form 10K with the Securities and Exchange Commission later this month. FTS also reported today that the company extinguished 100% of its convertible debt during the first quarter of 2005.
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FTS Group Reports Preliminary 6 Month Revenue of $3.079 Million, an Increase of 473 Percent Over 2005 6-Month Revenue of $650K Wednesday July 19, 8:48 am ET
TAMPA, FL--(MARKET WIRE)--Jul 19, 2006 -- FTS Group, Inc. (OTC BB:FLIP.OB - News) today announced preliminary six month revenue of $3,079,686 for the period ending June 30, 2006 versus 2005 six month revenue of $650,700. FTS also expects to report its second consecutive profitable quarter for the period ending June 30, 2006 versus a loss of ($962,042) for the period ending June 30, 2005. FTS expects to report its full financial results after the market close on August 15th, 2006. FTS Group CEO Scott Gallagher stated, "We've completed another strong quarter with record operating results. New product launches by several wireless carriers and the launch of expanded High Definition services from DISH Networks should lead to an even stronger second half of 2006." Gallagher went on to say, "We continue to seek accretive acquisition targets as well as pursue organic growth opportunities."
About FTS Group, Inc.
FTS Group, Inc. (OTC BB:FLIP.OB - News) is a publicly traded holding company operating in the wireless industry through its wholly owned subsidiaries FTS Wireless, Inc. and See World Satellites, Inc. The Company operates through retail locations in Florida and Pennsylvania and globally over the Internet through its web sites www.FTSGroup.TV,www.CellChannel.com,www.SeeWorld.biz and www.FTSWireless.com. 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.
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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 reliance on these forward-looking statements, which speak only as of the date hereof.
Contact: Contact: FTS Contacts:
Investors: www.FTSGroup.TV Scott Gallagher CEO Voice: (215) 688-2355 e-mail: Email Contact
Media: Email Contact
-------------------------------------------------------------------------------- Source: FTS Group, Inc.
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