Franchise Services of North America Inc. Announces Resignation from the Board
CALGARY, Dec. 10, 2012 /CNW/ - FRANCHISE SERVICES OF NORTH AMERICA INC.
("FSNA" or the "Company")(TSX-V: FSN) announces that Mr. Sanford Miller has
resigned from his position as a member on the Board of Directors of the
FSNA is a publicly traded company listed on the TSXV. The Company and its
subsidiaries own the following brands: U-Save Car & Truck Rental®, U-Save Car
Sales, Rent-A-Wreck of Canada, PractiCar, Auto Rental Resource Center
("ARRC"), Xpress Rent A Car and Peakstone Financial Services.
U-Save, together with its subsidiary ARRC, has over 1,100 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 30 years,
the Company is expanding into the airport market with plans for the opening of
airport locations in the top 30 markets in the United States and the major
airports in Canada. U-Save currently services 28 airport markets in 11
different states and 7 countries. U-Save Car Sales is an expansion of the
U-Save brand into the car sales market, and provides goods and services to car
sales operators looking to affiliate with a national brand.
Practicar Systems Inc. (a wholly owned subsidiary of FSNA) owns the rights to
the Rent-A-Wreck® and the PractiCar® trademarks for all of Canada. The
Rent-A-Wreck® system operates a network of 68 franchise locations from
coast-to-coast in Canada, providing a range of vehicle rental, leasing and
sales options to its customers. The Rent-A-Wreck® system has been in
continuous operation in Canada since 1976.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
On FSNA or any of its operating subsidiaries please contact:
Thomas P. McDonnell, III Franchise Services of North America Inc. (601)
SOURCE: Franchise Services of North America Inc.
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CO: Franchise Services of North America Inc.
NI: AUT INS 2575 WNEWS
-0- Dec/11/2012 02:43 GMT
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