SOURCE: Franchise Capital Corporation

January 22, 2008 10:13 ET

Franchise Capital Corporation Announces New Regional Distributor for Aero Exhaust Products

Effective Date of Name and Symbol Change Delayed

SOUTH JORDAN, UT--(Marketwire - January 22, 2008) - Franchise Capital Corporation (PINKSHEETS: FCCN), which has acquired Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and NASCAR Performance Partner, today announced a new regional distributor for Aero products, Quality Exhaust Sales & Company of Oklahoma City, Oklahoma.

The new distributor, which covers a territory that includes parts of Oklahoma and Texas, has been added as a result of its relationship with Aero's new regional sales manager for the area, Leigh Van De Steeg. Mr. Van De Steeg will be responsible for managing Aero's relationship with Quality Exhaust Sales & Company, working with its in-house sales representatives and accompanying them on visits to the automotive repair and supply shops in its territory.

Quality Exhaust Sales & Company is a total exhaust and brake warehouse that has served Oklahoma and the surrounding areas for 20 years. It carries all of the major product lines, including Flowmaster, MagnaFlow, Cherrybomb, K&N, Hypertech, IMCO, Goerlich's, Dynomax, Silverline, Bendix, Flo-Pro/Red Deer Exhaust and will now carry all of the Aero Exhaust muffler products, including the recently launched STX line.

"The addition of Quality Exhaust Sales & Company further expands the reach of Aero's products, and we look forward to an excellent relationship with this new distributor," commented Bryan Hunsaker, chief executive officer of Franchise Capital and Aero Exhaust. "Mr. Van De Steeg's existing relationships in his territory have already produced a new Aero distributor, and we expect additional distributor relationships to be established in the future as a result of his continued work on behalf of the company.

In addition to the announcement of the new distributor, Franchise Capital also reported that the company's name and symbol change, which was expected to become effective before the open of trading today, has been delayed. The company has not yet been assigned a new ticker symbol and is awaiting notification from the NASD.

"We expect to be assigned the new symbol very shortly and will keep shareholders informed whenever we have any new information regarding the timeframe of the name and symbol change," Mr. Hunsaker added.

A Schedule 14C Information Statement with the Securities and Exchange Commission reporting majority shareholder approval on a proposal to change the company's name to Aero Performance Products, Inc. was filed on January 7, 2008. The name change will result in a change to the company's stock symbol and CUSIP number.

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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 website, 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 for fiscal year 2007 filed with the Securities and Exchange Commission.

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