PHOENIX, April 8, 2005 (PRIMEZONE) -- Franchise Capital Corporation (OTCBB:FCCN) today announced that the company is releasing its April 2005 investor newsletter, the inaugural issue of what is planned to be a monthly update of the company's activities, and designed to improve market awareness and foster more effective communication with shareholders.
A non-graphic, text-only version is being emailed to shareholders through the company's website-based mailing list, and a PDF version, complete with photographs and other graphics suitable for printing, will be made available on the website (www.franchisecapitalcorp.com) in the coming days. Anyone interested in receiving future newsletters directly 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, "It is an integral part of our business strategy as an investment fund to initiate consistent communication with our shareholders and the public markets, and we believe that the newsletter will become an important tool in this effort. The rapid nationwide growth of Kokopelli and our similar expectations for the other emerging franchise concepts in our investment portfolio create a need to provide regular updates on the milestones reached by each subsidiary investment. A monthly status report will also serve to clarify our portfolio's measurable growth on a regular basis."
Mr. Miller added, "We will continue to remind new shareholders and others tracking the progress of Franchise Capital Corporation to sign up for our mailing list, so they will receive not only the monthly newsletters, but also notices of press releases, SEC filings, letters to shareholders, and other written material issued by the company."
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.