SOURCE: Franchise Capital Corporation

May 24, 2007 09:35 ET

Franchise Capital Corporation Announces Aero Exhaust Multi-Year Title Sponsorship of ASA Northwest Tour

The ASA Aero Exhaust Northwest Tour Kicked Off May 5th at South Sound Speedway

TEMECULA, CA -- (MARKET WIRE) -- May 24, 2007 -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that Aero Exhaust, Inc., with which it has executed an acquisition agreement, has signed a multi-year agreement to become title sponsor of the newly formed ASA Northwest Tour, which has officially changed its name to the ASA Aero Exhaust Northwest Tour.

The 2007 ASA Aero Exhaust Northwest Tour season began with a May 5, 2007 race at the South Sound Speedway in Rochester, Washington and continues this Saturday, May 26, 2007 at the Yakima Speedway in Yakima, Washington. Earlier this year, Franchise Capital Corporation announced that Aero Exhaust had signed an agreement to become the exclusive supplier of vehicle mufflers for Yakima Speedway.

Bryan Hunsaker, CEO of Aero Exhaust, Inc., said, "We are very excited to support the ASA Northwest Tour. We believe the local short track racing is the heart and soul of America and we are proud to be a part of it. The ASA Aero Exhaust Northwest Tour provides an opportunity for some very talented drivers to showcase their abilities as they move to the upper levels of stockcar racing. We look forward to contributing to the growth of the series over the next several years and believe it will be a tremendous success."

The 2007 edition of the Northwest Tour features the same cars, drivers and crews that made the series the top racing series in the Northwest for the past 21 years. Promoters, fans and sponsors have the opportunity to enjoy the good competition, fast cars and a professional run event at five different venues with an eight-race schedule. The ASA Northwest Tour will race in Washington, Idaho and Oregon with competitors coming from the Pacific Northwest, Canada, California and Utah.

Ron Bennett, series administrator, said, "What a thrill to sign up a national company for our title sponsor. Aero Exhaust believes in our product, and although their company has been offered many different avenues for sponsorship, they have chosen our Tour to become involved with. Their long term association with us and the ASA organization will give credibility to our group's efforts."

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About The American Speed Association

The American Speed Association (ASA), which began operating in 1968, today is a leading sanctioning body of one of America's premier sports -- Auto Racing. With fans of all ages, which are the most brands loyal in all of sports, ASA tracks and events are entertaining and also brand conscious. ASA consists of a weekly short track sanctioning alliance known as the ASA Member Track Program as well as ten regional series and national touring rights. ASA sanctions over 600 races at over 75 tracks in 24 U.S. States. ASA and its master corporation, Racing Speed Associates, LLC are based in Daytona Beach, Florida.

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,

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.

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