MEMPHIS, TN. - July 8, 2008 - Feol-Hinricher announced today that it is offsetting its carbon emissions with Carbonfund.org, one of the country's
leading carbon offset organizations. Feol-Hinricher has worked with Carbonfund.org to calculate the impact Memphis real estate has on the environment. Memphis real estate investors are then offered the first opportunity to participate in the program by purchasing carbon credits which go towards reforestation of the Tensas River National Wildlife Refuge in Louisiana. This commitment establishes Feol-Hinricher as an environmental leader in the real estate community and demonstrates the proactive steps Feol-Hinricher is taking in the fight against global climate change.

Feol-Hinricher's Green Memphis Real Estate Investing program will be the first of its kind in Memphis. The company has partnered with Carbonfund.org to create a custom program for its clients buying Memphis real estate. The goal is to offset the impact a tenant has on the environment through reforestation undertaken in nearby Louisiana. The company is already known for buying distressed homes and selling them to real estate investors buying in Memphis for cash flow. The company then works with investors to ensure the homes are rehabilitated, rented, and managed. This provides a significant impact on the local housing market by absorbing inventory left vacant by subprime foreclosures.

Feol-Hinricher's partnership with Carbonfund.org is optional for investors, but the company will purchase carbon offsets through Carbonfund.org even should the investor decide not to. Additionally, the investor receives a certificate for their participation, stickers, and the right to deduct the offsets at tax time.

"At The Feol-Hinricher Companies, we offer a unique client-driven real estate investing approach. We try to understand the needs of each individual real estate investor we work with. Then we seek out real estate opportunities to match those needs," said Robert Feol, Co-Founder of The Feol-Hinricher Companies. "Although we work with real estate investors to buy, renovate, and improve hundreds of homes in Memphis neighborhoods each year, we realized we weren't doing enough," he added. "Programs like this are a natural progression as our industry evolves and buyers become more aware of the positive impact they can provide. Offsetting the impact a tenant has on the environment is the logical next step."

"Homes and office buildings account for a large portion of the world's energy consumption and are an important factor in the increasing risk of climate disruption," said Eric Carlson, Executive Director of Carbonfund.org. "It's a pleasure to have The Feol-Hinricher Companies join us in the fight against global warming while also educating their clients. We're excited to help the Feol-Hinricher Companies solidify their position as an industry environmental leader."

About The Feol-Hinricher Companies
The Feol-Hinricher Companies is a full service real estate investment consulting firm committed to sourcing sound Memphis real estate investment choices for clients nationwide. In addition to real estate investment consulting, we also offer a host of educational resources for people of all experience levels. If you are considering real estate investments in Memphis or abroad, we can add value and diversity to your portfolio. For more information visit The Feol-Hinricher Companies online at FHCompanies.com.

About Carbonfund.org
Carbonfund.org is one of the country's leading carbon reduction and offset organization, making it easy and affordable for individuals, businesses and organizations to reduce their climate impact. Carbon offsets enable individuals and businesses to reduce the carbon dioxide emissions that they are responsible for in their everyday lives by supporting high-quality verified renewable energy, energy efficiency and reforestation projects. Carbonfund.org works with over 400 corporate and non-profit partners including Discovery, Volkswagen, Dell, Orbitz, Environmental Defense, and Lancome.

Carbonfund.org

Carbonfund.org

Carbonfund.org (www.carbonfund.org) reduces the threat of climate change by making it easy and affordable for any individual or business to reduce their carbon footprint and support climate-friendly projects. With its easy-to-use calculator, low offset cost per ton of CO2, and certified offset projects, Carbonfund.org is proving that anyone can reduce their impact on climate change easily and efficiently. Carbonfund.org is a nationally recognized 501(c)(3) nonprofit business, and a member of the EPA's Green Power Network, the Chicago Climate Exchange, and Ceres. Carbonfree and "Reduce what you can, offset what you can't" are trademarks of the Carbonfund.org Foundation.

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