For Immediate Release
August 8, 2005

SHAMPAINE NAMED FRANNET VICE PRESIDENT OF FRANCHISOR RELATIONS
Successful Franchisee has Strong History of Managing Relationships

(Carlsbad, CA)---FranNet, the world’s oldest and most respected network of franchise consultants who provide no-cost guidance, information and support to individuals who are interested in purchasing a franchised business, turned to one of its own in naming Rick Shampaine Vice President of Franchisor Relations. He will be responsible for all future relationships with Franchisors.

Shampaine has more than 20 years of experience in franchising, and has personally matched over 800 clients with franchise systems. For the past 18 months, he has served as the Inventory Chairman for FranNet, while operating his own FranNet office in the Tampa Bay area.

“Shampaine’s experience in franchising and professional business background make him uniquely qualified to lead and direct the FranNet system of advisors,” said Howard Bassuk, founder, president and chairman of the board of Carlsbad, CA based Franchise Network Group, better known as FranNet.

Founded in 1987, FranNet is the oldest and most recognized name in the franchise consulting industry and consists of more than 90 advisors in the United States and Canada, along with additional international locations including Singapore, Malaysia and Germany. To help a prospective franchisee find the best fit, FranNet consultants give clients an in-depth, comprehensive interview about an individual’s aspirations, personality, risk tolerance, financial goals and personal dreams.

According to the most recent figures from the International Franchising Association’s Educational Foundation, franchising accounts for 18 million American jobs between 760,000 franchised businesses. That’s 9.5 per cent of the private sector economic output. “Franchising is big business and will continue to grow,” says Shampaine. “Franchise consultants like those with FranNet will play a big role in seeing these numbers rise by ensuring the best and most successful franchisor/franchisee relationship.”

In addition to his expertise in franchising, Shampaine holds a Law degree from Washington University in St Louis, is a member of the Missouri Bar Association; active big brother for Big Brothers-Big Sisters organization of Tampa; member and officer of the Tampa Chapter of the International Association of Career Management Professionals; and a member of, and frequent guest speaker to, the Tampa chapter of the Indo-US Chamber of Commerce.

About FRANNET - The Franchise Connection -
is an international company that specializes in matching prospective business owners with franchise companies suited to their professional and personal talents and interests. This is accomplished by assessing an individual's requirements for their ideal business and then searching for and recommending franchise companies that meet those criteria.