SOURCE: Full Circle Image

October 11, 2007 11:11 ET

Full Circle Image Announces Financing

ROCHESTER, MN--(Marketwire - October 11, 2007) - Full Circle Image (PINKSHEETS: FCLE) is an International Franchise Company that deals in the remanufacturing and distribution of new and remanufactured Laser Toner Cartridges, Ink Jet Cartridges, Computer Printer Ribbons, and other types of consumable printing or imaging products. It currently has sales and remanufacturing facilities in Rochester, Minnesota and a sales office in Lakeville, Minnesota. In addition to its Franchisee-owned sales operations in the United States, it also has minority ownership positions in the Full Circle Image Franchisee-owned remanufacturing plants in Jeddah, Saudi Arabia and Panama City, Panama.

Full Circle Image, Inc. (FCLE) of Rochester, Minnesota is pleased to announce that it has received the balance of its funding from its institutional investor. It has completed its audit procedures and is now in the process of filing its SEC registration to become an OTC Bulletin Board company. Once the registration process is completed, Full Circle Image, Inc. (FCLE) will then become a fully reporting corporation and will be eligible to move to the OTC Bulletin Board Exchange.

Certain matters discussed in this news release may constitute forward-looking statements within the meaning of the federal securities laws. Although Full Circle believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. The accuracy of such statements is subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those projected.

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