SOURCE: Franchise Capital Corporation

December 04, 2006 11:27 ET

Franchise Capital Corporation Identifies First Planned Investment

TEMECULA, CA -- (MARKET WIRE) -- December 4, 2006 -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that the company has targeted its first investment under current management and an announcement that includes the details of the investment is planned for later this week.

Since new management was appointed several months ago, Franchise Capital Corporation has been focused on identifying investment opportunities that will build value for the company and its shareholders, as well as working to meet the compliance requirement for a listing on the Over-the-Counter Bulletin Board and other U.S. national markets.

"We are extremely pleased to have identified our first investment to usher in a new stage of the company's development," commented chief executive officer Steven R. Peacock. "The Board expects this investment to become the cornerstone of the company's future and looks forward to our announcement later this week."

Franchise Capital Corporation recently launched a preliminary corporate website, which is designed to be a center point for the distribution of new information to current shareholders and the public markets. Those interested in following the progress of the company can sign up on the website to receive email alerts when new information is publicly disclosed.

"We encourage shareholders to subscribe to our email alert system, so they will receive all future press releases directly from the company and will not miss any details of our investment activity," added Mr. Peacock.

To sign up to receive information by email directly from Franchise Capital Corporation whenever new press releases, investor newsletters, SEC filings, and other written material are issued, please visit

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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