SOURCE: Franchise Capital Corp.

December 18, 2006 12:44 ET

Franchise Capital Corporation Announces Aero Exhaust Series Agreement With "Two Guys Garage" on SPEED Channel

TEMECULA, CA -- (MARKET WIRE) -- December 18, 2006 -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that Aero Exhaust, Inc., with which it has a preliminary acquisition agreement, has signed a contract to have its performance exhaust product featured on episodes of "Two Guys Garage" on SPEED Channel. SPEED is available in over 71 million homes in North America and is considered among the fastest growing sports cable networks in the country.

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.

The agreement between Aero Exhaust and Brenton Productions, which produces "Two Guys Garage," includes featuring the Aero Exhaust product in 54 separate airings of the show, these segments will air in a variety of formats from, two separate runs in the "Two Guys Garage" "Parts Room" feature, a six-week Product Expo campaign, and 30-second commercials produced by Brenton Productions and using the "Two Guys Garage" set and production equipment. As part of its association with the show, the Aero Exhaust product will also be included on the "Two Guys Garage" website at www.twoguysgarage.com.

"Two Guys Garage" is entering its fifth season on SPEED, and twenty-six original episodes are being produced for the current season. From pistons to painting, welding to wheel balancing, dyno and track testing, "Two Guys Garage" covers virtually every aspect of vehicle repairing, customizing and restoring. Hosts Sam Memmolo and Dave McBride perform product demonstrations and installations on a wide variety of import and domestic cars and light trucks, and they show viewers the right way to execute modifications with hands-on projects throughout the season.

"We are very excited that Sam and Dave have again selected our product to be featured on 'Two Guys Garage' show. We experienced phenomenal sales growth in the past as a result of our products being featured with them, and we expect that to be even greater this coming year," stated Bryan Hunsaker, CEO of Aero Exhaust, Inc.

"Two Guys Garage" can bee seen on SPEED Channel Sundays at 10:30 AM EST, Wednesdays at 3:30 PM EST, and Thursdays at 8:00 AM EST. More information on the show and its hosts can be found at www.twoguysgarage.com/about and at www.brenton.org/home.

SPEED, celebrating its 10th Anniversary in 2006, is the nation's first and foremost cable network dedicated to motor sports and the passion for everything automotive. From racing to restoration, motorcycles to movies, SPEED delivers quality programming from the track to the garage. Now available in more than 71 million homes in North America, SPEED is among the fastest growing sports cable networks in the country and an industry leader in interactive TV, video on demand, mobile initiatives and broadband services.

"Aero Exhaust is clearly a company that is developing a very high profile in the automotive industry, and this agreement with 'Two Guys Garage' on SPEED can only contribute to awareness of its product lines among automotive enthusiasts," commented Steven R. Peacock, chief executive officer of Franchise Capital Corporation. "Our stated goal for Franchise Capital is to build value and provide return for the company and its shareholders. The pending acquisition of Aero Exhaust positions us to do just that, and we are very pleased with the steps Aero is taking to execute its business strategy."

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About Aero Exhaust:

Aero Exhaust is the 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 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.

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