FullCircle Registry Announces Conversion of Debt to Shareholder Equity

FullCircle Registry Announces Conversion of Debt to Shareholder Equity FullCircle's Emergency Notification Service to Be Promoted at Upcoming NADA Convention LOUISVILLE, Ky., Jan. 19 /PRNewswire-FirstCall/ -- FullCircle Registry, Inc. (BULLETIN BOARD: FLCR) today announced that it has converted a large portion of its debt to shareholder equity. A total of $773,189 in outstanding debt has been retired with restricted stock. This reduction leaves the company with approximately $215,000 in outstanding liabilities. "The elimination of this debt represents an important step towards our goal of strengthening our balance sheet and positioning the Company for profitability and growth," stated Isaac Boutwell, President and Chief Executive Officer of FullCircle Registry, Inc. In addition to the debt reduction, FullCircle announced that senior management will be attending the upcoming National Auto Dealer Association (NADA) convention, where Safelite of America will be presenting FullCircle's emergency notification program at its booth. This year's annual NADA convention is scheduled for January 29 - February 1, 2005 in New Orleans, Louisiana. "Safelite has a successful track record in the sale and promotion of a wide range of products and services within the auto industry," noted Trent Oakley, Executive Vice President and Chief Marketing Officer of FullCircle Registry, Inc. "We believe the NADA convention will set the stage for a broadening in the market for our emergency notification product line." About FullCircle Registry, Inc. FullCircle Registry is a technology-based company that provides emergency document and information management to consumers. Through the use of coded customer IDs and personal identification numbers, the system is designed to allow customers and/or medical personnel to quickly obtain critical information about specific medical needs, Advance Directives and contact information in the event of an emergency or other family crisis. Additionally, through its BrightStar Photo ID Kit, FullCircle Registry provides law enforcement personnel with child photo and identification information that can be critical in the search for missing or abducted persons. Through the Company's new product marketing division, FullCircle Registry offers Health Reimbursement Arrangements and Healthcare-Wellness Cards, and it is developing other non-insurance healthcare and emergency- related products and services. FullCircle Registry is headquartered in Louisville, Kentucky, and its common stock trades on the OTC Bulletin Board under the symbol "FLCR". For additional information, please visit the Company's Web site at http://www.fullcircleregistry.com/. Except for the historical information contained herein, the statements in this announcement are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements. Factors that might cause such a difference include, but are not limited to, those relating to general economic conditions in the markets in which the companies operate; success in the development and market acceptance of new and existing products; dependence on suppliers, third-party manufacturers and channels of distribution; customer and product concentration; fluctuations in customer demand; maintaining access to external sources of capital; ability to execute management's margin improvement and cost control plans; overall management of the companies' expansion; obtaining of necessary regulatory approvals; and other risk factors detailed from time to time in the companies' filings with regulatory bodies. For further information, please contact Trent Oakley of FullCircle Registry, Inc., 1-502-540-5112, or fax, 1-502-540-5879, info@fullcircleregistry.com. Source: FullCircle Registry, Inc. CONTACT: Trent Oakley of FullCircle Registry, Inc., +1-502-540-5112, fax, +1-502-540-5879, info@fullcircleregistry.com Web site: http://www.fullcircleregistry.com/ ------- Profile: International Entertainment