CALGARY, March 12 /CNW/ - Franchise Services of North America, Inc.
(TSXV:FSN) today announced that it has retained the services of CHF Investor
Relations (Cavalcanti Hume Funfer Inc.) of Toronto and Calgary, Canada's
longest established and one of its most respected IR firms.
Franchise Services of North America's co-CEO Sandy Miller commented, "We
believe that a centralized and dedicated investor relations campaign is the
best route to build awareness and understanding of our multi-faceted franchise
businesses. CHF came highly recommended and we're excited to work together."
CHF's twelve-month Investor Relations program will commence immediately,
pursuant to which CHF will receive a monthly fee of $6,000 plus approved
disbursements. Additionally, CHF will be granted incentive stock options of
564,000 at an exercise price of $1.02 per share.
About CHF Investor Relations
CHF Investor Relations, a proactive, results-driven firm, offers premium
IR service to an international portfolio of client companies operating in a
broad range of industries including franchise networks, internet marketing,
mineral producers, mining exploration and development, oil and gas, high-tech,
manufacturing, biotechnology, and special situations. CHF provides
comprehensive IR representation to the Canadian audience through their offices
in Toronto and Calgary. For more information, please visit their website at
About Franchise Services of North America, Inc.
In November 2006, U-Save Auto Rental of America, Inc. and Rent-A-Wreck
Capital Inc. completed a reverse takeover and established Franchise Services
of North America, a publicly traded company listed on the TSX Venture
Exchange. The Company and its subsidiaries own the following brands: U-Save
Car & Truck Rental, U-Save Car Sales, Rent-A-Wreck(R) of Canada, Auto Rental
Resource Center (ARRC), Xpress Rent A Car and Peakstone Insurance.
U-Save Auto Rental of America, Inc., with its subsidiary ARRC (Auto
Rental Resource Center), has over 1100 locations throughout the United States
and is one of North America's largest franchise car rental companies. Having
primarily serviced the local market for the past 25 years, current expansion
plans call for the opening of airport locations in the top 30 markets in the
United States and the major airports in Canada. U-Save(R) currently services
24 airport markets in twelve different states. U-Save Car Sales was launched
recently to expand the U-Save brand into the car sales market.
Practicar Systems Inc. (a wholly-owned subsidiary of FSNA) owns the
rights to the Rent-A-Wreck(R) trademark for all of Canada. Operating in Canada
since 1976, the Rent-A-Wreck(R) system operates a network of 50 franchises
from coast-to-coast in Canada, providing a range of vehicle rental, leasing
and sales options to its customers.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Franchise Services of North America, Bob
Barton, Executive Vice President and Chief Operating Officer, (613) 713-4333,
Bob.firstname.lastname@example.org, www.fsna-inc.com; CHF Investor Relations, Alison Tullis,
Account Manager, (416) 868-1079 x233, email@example.com, www.chfir.com