SOURCE: City Capital Corp.

June 17, 2009 08:00 ET

With L.A. Juice, City Capital Corporation Acquires Health-Conscious Restaurants

OVERLAND PARK, KS--(Marketwire - June 17, 2009) - City Capital Corporation (PINKSHEETS: CTCC) announces the acquisition of two popular smoothie restaurants as part of the company's City Juice Systems, LLC subsidiary. L.A. Juice Co. is a healthy and quick alternative to fast food, serving over 60 types of smoothies. Each restaurant location has annual un-audited revenues of over $180, 000.

Established in 2004 as an independent business, L.A. Juice was designed with a Southern California theme in mind. The success of the Southern California smoothie restaurant business influenced the bright, energetic color scheme and open atmosphere. In addition, all of the smoothie recipes are named after popular Southern California locations and vernacular.

L.A. Juice has shown success due in part to its advantageous locations. Placed directly in front of a high school and across the street from the Sprint World Headquarters, the first acquired restaurant has achieved an established and loyal clientele. The second location is 6 miles down the road in an equally prime location, with two heavily frequented complementing restaurants.

The restaurant also offers full-service on-site catering, web-based delivery, and smoothie delivery to events, which sets L.A. Juice apart from the local competition. It is not only the wide variety of services that makes this a profitable business; the restaurant is not a franchise and therefore has no royalty or advertising fees. However, L.A. Juice gives City Capital the opportunity to take part in the franchise industry in the future. For now, company locations and licensee options are both being considered.

With one location adjacent to a high school and the other next to leading restaurants, City Capital provides a clean, safe, and popular environment for adolescents and teenagers to socialize. City Capital plans to initiate a program to provide the younger generations of the community with the opportunity to gain financial independence and experience, expanding City Capital's mission of "Socially-Conscious Investing To Empower Communities." CEO Ephren Taylor explains, "L.A. Juice was not only a great addition to our corporate portfolio, it gives us another way to impact local youth with hands-on job training and a dynamic management development program."

Just as important is the impact the restaurants will have on the health of the communities. According to the Center for Disease Control, 26.9% of Kansas' and 27.5% of Missouri's population is considered obese. "In an area with few healthy food options," Mr. Taylor says, "L.A. Juice provides a healthy alternative for a massive epidemic of obesity negatively impacting our communities."

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About City Capital Corporation

City Capital Corporation (CTCC), founded in 1984, is a socially conscious professional management and diversified holding company engaged in real estate investment strategies, self-directed IRA, and leveraging investments, holdings and other assets to build value for investors and shareholders. Ranked in the Top 100 Most Socially Conscious Companies by the Wall Street Journal, City Capital is committed to creating positive change and self-sufficiency through "Socially-Conscious Investing That Empowers Communities." These initiatives range from development and production of bio-fuels, to affordable homes for working-class families, to funding and acquisition of local businesses that support community jobs. The company acquires and revitalizes distressed investment opportunities in multiple industry segments, creating serial returns for its clients.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-K filing and other filings with the U S. Securities and Exchange Commission (available at The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.

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