SOURCE: Franchise Capital Corporation

August 13, 2007 09:29 ET

Franchise Capital Corporation Releases August 2007 Edition of Investor Newsletter

MURRIETA, CA--(Marketwire - August 13, 2007) - Franchise Capital Corporation (PINKSHEETS: FCCN) today announced the release of its August 2007 investor newsletter, which includes a feature article related to the new timeframe for the close of Franchise Capital Corporation's acquisition of Aero Exhaust, Inc.

A PDF version of the newsletter is posted in the media archive of the company's website, http://www.franchisecapitalcorp.net, under the "Newsletters" tab, and a notice has been distributed through Franchise Capital's website-based mailing list.

The new acquisition closing timeframe is discussed in several of the newsletter articles, including in the "CEO Greeting" from Franchise Capital's chief executive officer, Steven R. Peacock.

Additional articles in the newsletter provide details of the selection of Gruber & Company to perform an audit of Aero Exhaust financials as part of the acquisition closing process and a statement issued by Aero Exhaust CEO Bryan Hunsaker explaining the factors considered in setting the new closing timeframe.

Aero Exhaust (www.aeroexhaust.com) is a leader in performance exhaust airflow technology and NASCAR Performance Partner.

"The new closing timeframe was an important announcement for our shareholders, so it is no surprise that it became the lead article in our August newsletter edition," said Mr. Peacock. "As we state in the newsletter, we believe that the close of the acquisition of Aero Exhaust will deliver long-term value for the company's shareholders, and Franchise Capital management will remain firmly focused on completing this transaction within the new closing timeframe."

To sign up to receive information by email directly from Franchise Capital Corporation, including notices when the company issues future investor newsletters, please visit http://www.franchisecapitalcorp.net.

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 2006 filed with the Securities and Exchange Commission.

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