TEMECULA, CA -- Franchise Capital Corp. has reached an agreement to acquire all issued and outstanding shares of Aero Exhaust, Inc., a leader in performance exhaust airflow technology.

Aero Exhaust was formed in 1999 in order to develop an idea for a new type of vehicle exhaust. The company has evolved from a research and development company into a global manufacturing and distribution organization. The company manufactures and distributes one of the most technologically advanced mufflers on the market. The Aero Turbine and Turbine XL muffler lines consist of several different universal styles that fit nearly every car, truck or sports utility vehicle on the road and significantly improve fuel economy, engine horsepower and torque. A third line, called the Stealth, is an economy line of additional styles that service the everyday consumer looking for an inexpensive replacement product, according to the company.

Aero Exhaust mufflers are an exclusive NASCAR Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. In addition to its NASCAR relationship, Aero Exhaust has been issued patents in both the United States and Australia on its innovations and product developments in the exhaust industry and has a number of patents pending.

"Aero Exhaust is exactly the type of company that Franchise Capital Corporation has targeted to acquire," said Franchise Capital CEO Steven Peacock. "Not only has Aero developed technologically innovative products, superior to its competition, but there is a highly effective management team in place, its products are already available worldwide through a number of retail outlets, and the company is well-positioned for significant long-term growth."

"With access to additional resources, we believe that Aero Exhaust is the type of company that will provide a solid return on investment (ROI) for Franchise Capital's shareholders. We are pleased to have signed this letter of intent, and we expect to reach a definitive agreement in the very near future, so we can move forward with this acquisition," added Peacock.

For more information about Franchise Capital Corp., go to: http://www.franchisecapitalcorp.net.

To learn more about Aero Exhaust, visit: http://www.aeroexhaust.com.