Sports, Music and Investment Executives Join to Form FULLCIRCLE Ventures

CHARLOTTE, N.C. (April 1, 2011) –FULLCIRCLE Ventures, LLP, is pleased to announce that respected sports executives Chris Biby, Matt Crews and Jay Schulthess have formed a sports management and marketing firm focused on first-class representation of athletes, entertainers, corporations and sports properties in motorsports, with plans for expansion into other disciplines of sports and entertainment.

Joining FULLCIRCLE Ventures as Limited Partners are well known industry executives including: Mike Curb, Chairman/Founder of Curb Records, former Lieutenant Governor and acting Governor of California, and team owner; Cary Agajanian, famed motorsports attorney, promoter and team owner; and Steve Meehan, Co-Founder and former Chief Executive Officer of Investment Planning Counsel, Inc., a full-service financial planning and asset management firm with over 250 offices and 1,200 financial planners. Presently, IPC has in excess of $15 billion in assets under administration.

Together, the six partners have more than 100 combined years of experience in sports, entertainment and venture capital.

“FULLCIRCLE Ventures will be a premier marketing and management company in sports and entertainment,” said Curb, limited partner of FULLCIRCLE. “The company combines the talents of Matt Crews and Chris Biby with the successful clients of Jay Schulthess and Cary Agajanian, who have led the way in motorsports representation. I am proud to be involved with these men and Steve Meehan in this exciting new venture.”

Biby, Crews and Schulthess will collectively run day-to-day operations and management of FULLCIRCLE Ventures.

Biby comes to FULLCIRCLE Ventures with more than 12 years of experience as the former Director of Client Services at Motorsports Management International, where he was responsible for overseeing various business management aspects for clients and the company. His responsibilities for FULLCIRCLE Ventures include managing the client services division, driver development and driver representation.

Crews’ responsibilities will include oversight of sponsorship consulting and the activation arm of the firm, as well as expanding FULLCIRCLE Ventures’ property representation both inside and outside of the motorsports arena. A former team president and CMO of a NASCAR team, Crews developed and activated some of the series most successful sponsorship programs.

Schulthess, who has served as President of Mercury Sports Management since 2001, has been at the forefront of driver representation and has negotiated contracts on behalf of drivers and sponsors with many of the top teams in NASCAR. Schulthess’ responsibilities will include driver representation and overseeing FULLCIRCLE Ventures’ merger and acquisition strategies.

“I speak for all of the partners when I say that we are thrilled to be part of such a dynamic group that brings a tremendous amount of experience and influence in our respective fields to FULLCIRCLE Ventures and our clients,” said Chris Biby. “We have all known and respected each other for years. Together we look forward to providing quality service to all of our clients.”

In addition to their Charlotte headquarters, FULLCIRCLE has new offices in Nashville, Tenn., White Plains, N.Y., and Toronto, Ontario, Canada.