Don Allio Appointed President and COO of Franchise Capital Corp.SCOTTSDALE, Ariz. -- Franchise Capital Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : FCCN FCCN Fundacao para a Computacao Cientifica Nacional ) is very pleased to announce they have appointed Don Allio as president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Allio will oversee all daily operations of Franchise Capital Corp. and its portfolio companies. Having begun his career with McDonald's in 1966 as a crew person in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Allio has nearly 40 years in the restaurant industry. Allio then relocated to California in 1969 and began his career with the McDonald's Corp. as a second assistant manager. Within two years, he was transferred to Bay City, Mich., as a first assistant manager and then went on to spend the next 12 years working up through the midlevel mid·lev·el n. The middle stage or level, as in a series, course of action, or career. management ranks and regional department leadership positions. In 1982, Allio was promoted to staff director in field training. He then went on to hold the positions within McDonald's home office as director of national training, dean of Hamburger University and department director of national training. Allio then moved to the Kansas City Region as district manager in 1987, and in 1989 was promoted to regional manager where he held the position of regional vice president from 1990 until his retirement from McDonald's in 2001. After his retirement from McDonald's, Allio became an owner-operator of Mexi-Kenny's Mexican Grill in Gilbert, Ariz. While with Mexi-Kenny Mexican Grill, Allio assisted the franchisor in completing the design and operational systems for the first Mexi-Kenny's, establishing training and hiring policies, and overseeing daily operations for each restaurant. Edward C. Heisler, Franchise Capital Corp.'s CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated, "It is an honor to have Don on our team. I believe his experience is just what Franchise Capital needs in its next stage of growth." 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 2005 filed with the Securities and Exchange Commission. |
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