F.T.S-Formula Tele: Holding(s) in Company | Company Announcements

Monday 17 September, 2007

F.T.S-Formula Tele

Holding(s) in Company

F.T.S-Formula Telecom Solutions Ltd
17 September 2007


                     F.T.S. - FORMULA TELECOM SOLUTIONS LTD

                               Holding in Company


FTS - Formula Telecom Solutions Ltd. (LSE: FTS), a global provider of business
control, billing and CRM solutions for communications service providers, has
today been informed that Formula Vision Technologies Ltd purchased 10,000
ordinary shares in the Company on 16 September 2007. Formula now holds
14,586,000 ordinary shares, representing approximately 44.61% per cent. of the
issued share capital in the Company.


Enquiries:

Sonus PR for FTS
Patrick Smith, Tel. +44 20 7851 4890, patrick.smith@sonuspr.com

Seymour Pierce Limited
Mark Percy Tel: +44 (0) 207 107 8000, markpercy@seymourpierce.com




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