FSNA Inc. Announces First Quarter Results for Period Ending Dec. 31, 2006

Franchise Services of North America Inc. has announced its first quarter results for the period ending Dec. 31, 2006.

The company reported net income of $243,407, compared to a loss of $19,485 in the prior year.

As the reverse takeover transaction between U-Save Auto Rental of America, Inc. and Rent-A-Wreck Capital Inc. was not completed until Nov. 30, 2006, these results reflect three months' activity for the Practicar Systems Inc. subsidiary and only one month's operation for U-Save.

FSNA COO Robert M. Barton called the report a strong start for the newly combined entity.

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