From MarketWire

FTS Group, Inc. (OTC BB: FLIP), a publicly traded acquisition and development company, today announced that it has secured an investment banking agreement with New York based Westor Capital Group, Inc.

Since 1999, Westor Capital Group (WCG) has assisted emerging growth companies in the corporate financing arena, specializing in structuring and arranging equity and debt financings. Westor Capital is currently one of the top placement agents in the country having arranged financings in excess of $30 million within the past 12 months.

FTS Group’s CEO, Scott Gallagher, stated, "We’re excited to have Westor on board once again. We are pleased they accepted this engagement to participate in the $5.5 million acquisition/spin-off transaction we announced last week. This is an exciting moment in the evolution of our business. Closing this transaction will result in tangible increased stockholder value for everyone involved in FTS, we’re proud that Westor believes in that vision and has decided to assist us in realizing it."