Quartet, led by percussionist Tony Oxley, and featuring violinist Phil Wachsmann, keyboardist Pat Thomas, and electronic musician Matt Wand.

It was recorded on November 5, 1999, at the "Total Music Meeting" in Berlin, and was issued in 2002 by the German label a/l/l, an imprint of FMP, as their inaugural release.

[1][2][3][4] JazzWord's Ken Waxman called the album "A first-rate example of a new strain of contemporary BritImprov," and wrote: "the four represent two generations of British improvisers who wholeheartedly embrace the different textures available from arching kilowatts, and have long been bending machines to do their bidding," with the music appearing to document "what would have happened if Sun Ra, synth and electric piano in either hand, had climbed into Mr. Peabody's Wayback Machine.

"[6] In a review for AllMusic, François Couture stated: "in general the group displays enough synergy and textural interplay to make Floating Phantoms a worthy record, but it fails to establish Wand as a strong improviser.

"[1] Declan O'Driscoll of The Journal of Music commented: "Samples rush by like subliminal messages or urgent signals from a distressed witness.