Franchise Services of North America Inc. Announces Resignation from the Board of Directors 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 Company. About FSNA 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. Caution 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) 713-4333 SOURCE: Franchise Services of North America Inc. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/December2012/10/c7909.html CO: Franchise Services of North America Inc. ST: Ontario NI: AUT INS 2575 WNEWS -0- Dec/11/2012 02:43 GMT
Franchise Services of North America Inc. Announces Resignation from the Board of Directors
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