FTS Announces Plans to Launch B2B Portal9 November 2005
FTS Group, Inc. (OTC BB: FLIP), a publicly traded acquisition and development company, today announced plans to launch a new business to business portal targeting the retail wireless industry called WirelessStoreSupplier.com. The Company plans to launch the site during the first quarter of 2006. FTS also announced that it will hold an investor conference call on Monday, November 28th at 4:30 EST.
FTS CEO Scott Gallagher stated, "Our research indicates there are approximately 250,000 or more retail wireless locations currently operating in the US. The clear majority of these locations are small independent owner-operated businesses. For a monthly fee, WirelessStoreSupplier.com (WSS) will partner with these small businesses, providing them with access to valuable business tools, products and services discounts and industry information that would otherwise be financially out of there reach for them." Gallagher went on to say, "We'll be holding an investor conference call at 4:30 p.m. EST on November 28th to provide investors with an update and additional information relating to our proposed acquisition, operating results and WirelssStoreSupplier.com."
Investors wishing to participate should dial: US dial in # US 866-831-6247 International dial in # 1-617-213-8856 access code 66240520 Investors wishing to ask specific questions should e-mail them to FTSGroup@aol.com subject field CC Question.
About FTS Wireless, Inc.
FTS Wireless Inc., a wholly owned subsidiary of FTS Group, Inc. (OTC BB: FLIP), for additional information about FTS Group, Inc. or its subsidiary, please visit our web site http://www.FTSWireless.com or review our quarterly (10Q) and annual report (10K) 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 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: FTS Wireless, Inc. Scott Gallagher, CEO (215) 688-2355 Email Contact SOURCE: FTS Group, Inc.
Source: Marketwire
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