SOURCE: Franchise Capital Corporation

June 14, 2007 10:05 ET

Franchise Capital Corporation Provides Update on Status of New Aero Exhaust Product Lines

TEMECULA, CA--(Marketwire - June 14, 2007) - Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that Aero Exhaust, Inc., with which it has executed an acquisition agreement, provided an update on the status of the rollout of new products in its line of automotive performance exhaust systems.

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

The prototypes for a new line of direct fit mufflers has been completed, tested and the line is currently in production with availability estimated for the month of July 2007. The new mufflers combine the technology of Aero Exhaust's turbine and stealth lines and are designed to fit a variety of automobiles without modifying the existing exhaust pipes. There are 13 new styles and configurations in the muffler line that will fit a large number of automobile makes, models and years.

A new line of full turbo and cat-back systems diesel exhaust systems, which include all parts from the catalytic converter, turbo charger or muffler back to the tailpipe, has also been completed and is currently in production with product expected to be available for distribution by July 2007. The diesel line of exhaust systems includes 20 different kits for a variety of different makes and models of trucks.

The full diesel exhaust systems are expected to be targeted to both existing and new Aero Exhaust markets, including Original Equipment Manufacturers (OEMs), which would consist of automobile manufacturers and dealerships that could offer the systems as optional equipment or potentially include them as standard equipment.

Additional new product lines are in the prototype stage, including more full cat-back systems, which will increase the number of makes and models that Aero Exhaust systems will fit. Subsequent announcements that will update the progress of additional product rollouts are expected as the new products go into production and are prepared for introduction to the automotive industry.

Bryan Hunsaker, CEO of Aero Exhaust, Inc., commented, "We are pleased to announce the expected rollouts of these new Aero Exhaust products and look forward to introducing them to the consumers, suppliers and the automotive industry as a whole. We also look forward to the upcoming 'Two Guys Garage' program on SPEED Channel to demonstrate these products to viewers in several new segments. We expect to announce the air dates for the 'Two Guys Garage' spots in the near future."

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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.

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