FTS Group, Inc.(fka FLIP)

[JimsZ]

I LOVE THE PART IN BOLD!!!


Elysium Internet, Inc. (OTCBB: USBFE), an emerging direct navigation Internet media Company and formerly a wholly owned subsidiary of FTS Group (OTCBB: FLIP), a publicly traded acquisition and development Company expected to post profitable sales of $28 to $32 Million for fiscal 2008, today announced that it has become a stand alone public Company effective today.

Elysium Internet Chairman and CEO Scott Gallagher commented, "We believe the best days of the Internet and domain based industry are ahead of us. Many of the best ocean front or Park Avenue equivalent Internet real estate or domain names sit, undeveloped, owned by what are essentially domain day traders with no intention on developing these premium domains into web based businesses. We believe a limited opportunity exists to capture a larger piece of this Internet real estate and develop it into profitable business that will generate cash and growth for years to come. Over the last few years Elysium Internet has built what we believe to be the best portfolio in the world for certain specific niche Industries. As a stand alone public Company we'll continue acquiring the best Internet real estate in the world and build a profitable Company committed to delivering the absolute best user experience on the Internet with every site we launch."

Gallagher continued, "Speaking from an FTS perspective, we've created valuable assets which will help eliminate the short term oriented debt holders that are causing so much damage to our Company and its stock price. We started the week as a $7 Million company and we'll end the week as a $30 Million Company, yet our stock is cut in half. We issued no shares for the OTG deal and expect the Elysium deal to, at a minimum, double our stockholders' equity. If these funds continue to sell shares in a Company that will do $30 Million in sales while the market cap is around $1 Million I'd have to question how they became fund managers in the first place, I was one and it doesn't make sense. We are exploring all options to protect shareholder value and limit this type of selling."

Terms of the transaction include Elysium issuing FTS an interest bearing note for $1.5 Million and issuing FTS Group preferred shares convertible into 60% of Elysium Internet. Elysium will immediately apply to NASDAQ for a name change and symbol change and file an 8K within 4 business days.

If you have a domain name or domain portfolio for sale please forward the details and names to Scott Gallagher at [e-mail]

About Elysium Internet, Inc.