FTS F.T.S.-Formula

RNS Number:5589D
F.T.S-Formula Telecom Solutions Ltd
10 September 2007



             F.T.S. - FORMULA TELECOM SOLUTIONS LTD ("THE COMPANY")

                               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 ("Formula") purchased
15,000 ordinary shares in the Company on 23 August 2007. Formula now hold
14,551,000 ordinary shares, representing approximately 44.5% 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


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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