Franklin Capital Corporation (AMEX: FKL) (the “Company”) announced today that SurgiCount Medical, Inc.’s (“SurgiCount”), the Company’s subsidiary, new Safety-Sponge™ System will be highlighted on the Discovery Health Network during the month of February.

 “When Surgical Tools Get Left Behind” is an important, hour-long report about the various problems surgeons and patients face as a result of the growing difficulty of tracking medical instruments in operation rooms.  Featuring Dr. Atul Gawande, a Harvard Medical School expert on surgical errors, the show discusses and relives the results of retained gauze and medical tools in patients, and stresses the absolute need for new technologies to solve this rare but serious problem.

SurgiCount’s Safety-Sponge™ System, a new innovation that allows for faster and more accurate counting of surgical sponges, has obtained FDA 510k exempt status and has passed required FDA biocompatibility tests including ISO sensitization, cytotoxicity and skin irritation tests.

Follow the website link below to access the schedule of airings of “When Surgical Tools Get Left Behind”.

http://health.discovery.com/schedule/series.jsp?series=108377&gid=0&channel=DHC

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the future plans and intentions of the Company.  These forward-looking statements can generally be identified as such because the context of the statement will include words such as "expects," "should," "believes," "anticipates" or words of similar import.  Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in the Company's filings with the Securities and Exchange Commission, including the Company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q. These forward-looking statements are only made as of the date of this press release and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.