PHOENIX, May 11, 2005 (PRIMEZONE) -- Franchise Capital Corporation (OTCBB:FCCN) today announced that portfolio investment company Kokopelli Franchise Company, LLC, operator and franchiser of Kokopelli Sonoran Grill, has appointed Paul Roegge as its new Director of Operations.
A veteran of the foodservice industry, Mr. Roegge has almost 20 years experience with restaurants and the restaurant franchise businesses. From 1985-1994, Mr. Roegge served as Area Manager and Franchise District Consultant for Al Copeland Enterprises, then the parent company of Popeye's(r) Chicken & Biscuits, the world's second-largest quick-service chicken concept based on number of units. Mr. Roegge was employed as Area Manager of Church's Chicken(tm) when it was acquired by Al Copeland Enterprises and became the only franchise consultant to handle both themes. Mr. Roegge also spearheaded the management team that developed a program that successfully converted over 80 Pioneer Chicken locations in the Los Angeles market to Popeye's franchises.
Previously, Mr. Roegge worked as Unit Manager for Brinker International, Inc., which either owns, operates, franchises, or is involved in the ownership of more than 1,500 restaurants including Chili's Grill & Bar. From 1998-2005, Mr. Roegge was employed as Senior Operation Manager of Cracker Barrel Old Country Store(r), a wholly owned subsidiary of the publicly held CBRL Group, Inc., which operates 519 company-owned locations in 41 states.
Franchise Capital Corporation Chief Executive Officer Bradford Miller commented, "Paul Roegge brings tremendous industry experience to Kokopelli Franchise Company, and his previous success working with franchisees will be a great asset to Kokopelli. We are extremely pleased that he has joined our efforts to build the Kokopelli brand into a successful national franchise."
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 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.