FTS Wireless Expands Deal with AirVoice Wireless to Include Two Northeast Markets.Business Editors/High-Tech Writers YARDLEY, Pa.--(BUSINESS WIRE)--May 2, 2003 8FTS FTS facteur thymique sérique. Wireless, Inc., (FTSW) a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of FTS Apparel, Inc.(FTS) -(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FLIP) announced today that it has reached an agreement with AirVoice Wireless (AVW AVW Avalanche Warning ) to market AVW products to retail and wholesale customers in the New Jersey and Pennsylvania markets. This agreement augments FTSW' previously announced agreement with AVW which covers the Florida Gulf Coast Market. Scott Gallagher, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of FTS, commented "We're pleased that AVW has expressed its confidence in FTSW by expanding our territory to include several more of the largest and most lucrative markets in the U.S." He added, "In a recent study done by Consumer Reports, 7 out of every 10 persons would rather have a pre-paid cellular phone than traditional wireless service with the monthly commitment . The Pre-Pay market is expected to approximately double within the next three years to over 26 million users and we believe this demographic shift positions FTSW to significantly increase market share" About FTS Wireless, Inc. Tampa based FTS Wireless, Inc. (FTSW) is a wholly-owned subsidiary of FTS Apparel, Inc. of Yardley, Pa. (currently pending its name change to "The FTS Group") FTSW markets wireless products and services in the Florida Gulf Coast market and world-wide through its wholly-owned website at www.CellularDeals.com. For additional information about FTS Apparel, Inc or any of its subsidiaries, please review our periodic filings with the Securities and Exchange Commission at http://www.sec.gov. About AirVoice Wireless AirVoice Wireless (AVW) is a privately held leading provider of Nationwide Prepaid Cellular Service and associated support In naval air operations, assistance provided by a force or unit to another force or unit that is under independent tactical control, neither being subordinate to the other. See also direct support; support. products. Established in 1999, AVW currently has over 1,000 resellers distributing and selling products throughout Florida, San Diego, Los Angeles, Phoenix, Nevada and Michigan. Additional information about AirVoice Wireless is available at the company web site www.AirVoiceWireless.com Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This news release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Discussions of factors, which may affect future results, are contained in the Company's most recent SEC filings on Forms 10-Q and 10-K. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion