SOURCE: Franchise Capital Corporation

February 21, 2007 09:30 ET

Franchise Capital Corporation Announces Aero Exhaust Agreement for Associate Sponsorship of Morgan-McClure's No. 4 Car for 2007 NASCAR Season

TEMECULA, CA -- (MARKET WIRE) -- February 21, 2007 -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that Aero Exhaust, Inc., with which it has executed an acquisition agreement, has entered into an agreement with Morgan-McClure Motorsports for Aero Exhaust to be an associate sponsor of the State Water Heaters No. 4 Chevrolet Monte Carlo SS for the 2007 NASCAR racing season. The No. 4 Chevy is scheduled to race this week at the Auto Club 500 at the California Speedway in Fontana, California.

Aero Exhaust mufflers are an exclusive NASCAR Performance product and carry the prestigious NASCAR brand on product, packaging and related media.

Morgan-McClure Motorsports (www.morgan-mcclure.com), located in Abingdon, Virginia, is marking its 25th year of participation in NASCAR's elite Nextel Cup Division in 2007. In winning tradition, Morgan-McClure has been instrumental in guiding top names in the series to Nextel Cup victories, and this year is proud to have the talented Ward Burton pilot the No. 4 car.

"We are pleased to extend our relationship with Morgan-McClure Motorsports with an associate sponsorship of No. 4 car for the 2007 season," said Bryan Hunsaker, CEO of Aero Exhaust, Inc. "They have been a great partner, and we think the world of that team. We are very appreciative and excited about State Water Heaters sponsorship of the No. 4, and believe with their support, Morgan-McClure Motorsports will have the type of season they have been looking for."

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About Aero Exhaust:

Aero Exhaust is a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Its product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate web site, www.aeroexhaust.com.

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K/A for fiscal year 2005 filed with the Securities and Exchange Commission.

Contact Information

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