(CALGARY, ALBERTA) FRANCHISE SERVICES OF NORTH AMERICA INC. (“FSNA” or the “Company”) (formerly known as Rent-a-Wreck Capital Inc.) announces that it has completed a business combination transaction first announced on October 13, 2006 resulting in the combination of the Company with U-Save Auto Rental of America, Inc. (“U-Save”), a privately held Mississippi company, based in Jackson, Mississippi. The transaction has not yet received final approval of the TSX Venture Exchange (“TSX-V”).