PHOENIX, March 30, 2005 (PRIMEZONE) -- Franchise Capital Corporation (OTCBB:FCCN) today announced that it has contracted for a monthly investor newsletter, which is designed to improve market awareness for the company and keep shareholders updated on the growth of its subsidiaries. The first issue of the newsletter is scheduled for release in the first week of April.
The newsletter is designed to act as another means of direct communication between Franchise Capital Corporation and its shareholders. A non-graphic, text-only version will be created for electronic transmission to the e-mail alert system, and a PDF version, complete with photographs and other graphics suitable for printing, will be made available on the company's website (www.franchisecapitalcorp.com). Anyone interested in receiving the newsletter by email and a notification of when the pdf version is posted to the website should subscribe at www.franchisecapitalcorp.com/mailinglist.asp.
Bradford Miller, Chief Executive Officer of Franchise Capital Corporation, commented, "We believe that a monthly investor newsletter will be another step in effectively and consistently communicating with our shareholders. The newsletters are expected to provide an accurate snapshot of the company's status on a monthly basis, including graphics that augment the written information issued in the previous month. As Franchise Capital Corporation continues to provide both capital and critical management support to its subsidiary holdings, we will also prioritize the accurate reporting of significant milestones reached by these portfolio investments. Management also believes that the newsletter will encourage potential new investors to visit our website and learn more about the tremendous potential of the company."
The newsletter will be created by Alice Hellstrom Anderson, a published author and former journalist with extensive expertise in business writing. A prolific writer and popular inspirational speaker, Ms. Anderson has written 23 books and over 60 individual company histories since 1998. She has more than 35 years of experience in advertising, marketing and public relations with companies both large and small.
About Franchise Capital Corporation:
Franchise Capital Corporation is a Business Development Company pursuant to Section 54 of the Investment Company Act of 1940. The company currently has five operating, synergistic investments holdings: Kokopelli's Mexican Grill Franchise Company, LLC; Cousin Vinnie's Franchise Company, LLC; Kirby Foo's Asian Grill Franchise Company, LLC; Comstock Jake's Franchise Company, LLC; and Fathom Business Systems, Inc., all of which are engaged in business related to restaurant franchise development.
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 those set forth in the company's report on Form 10-KSB for fiscal year 2004 filed with the Securities and Exchange Commission.