TAMPA, FL, Feb 04 (MARKET WIRE) --
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.
Contact:
www.FTSGroup.com
Scott Gallagher
CEO
727-417-7807
Email Contact
Copyright 2008, Market Wire, All rights reserved.
-0-
