GIG HARBOR, Wash., Dec. 2, 2004 (PRIMEZONE) -- Nannaco Inc. (OTCBB:NNAC), which announced on November 3 that it has entered into a Plan of Merger with Nazz Productions, Inc. ("NAZZ" ), announced today that NAZZ has optioned the screenplay "Doing Dana" from acclaimed writer Neal Gumpel. "Doing Dana" is a romantic comedy that NAZZ believes will have universal appeal to men and women of all ages.
Neal Gumpel, the writer of "Doing Dana" has a history of successful screenwriting. Mr. Gumpel's first screenplay, "Uncoupled," was purchased by DreamWorks Studios with David Permut producing and George Gallo directing. He also optioned "Friend's Again" to Permut and Gallo with Ray Liotta and John Goodman attached to star.
Garry Marshall is the executive producer of Gumpel's screenplay, "Dropped Eggs," with Melissa Joan Hart starring and Savage Steve Holland directing. "Pushing Daisy," which he co-wrote, is produced by Brian Linse with Nigel Dick attached to direct.
Nick Stagliano, CEO of NAZZ, commented "We are, of course, very pleased to have the opportunity to turn 'Doing Dana' into a first-class film. Working with a writer with the skill of Neal Gumpel makes the task of producing a high-quality film that much easier."
Steve Careaga, CEO of Nannaco, Inc., noted, "I am confident that 'Doing Dana,' will be the first of many successful films produced by Nazz Productions, and I am pleased that Nannaco is proceeding with its acquisition of this fine production company."
ABOUT NANNACO, INC.
Nannaco, Inc. previously provided surface cleaning, surface protection, surface restoration, and other services to commercial and industrial businesses, as well as to owners of historical buildings. The company has moved to a new line of business as a consultant and advisor to customers and is seeking to improve its financial position through the acquisition of or merger with companies capable of providing the best value to its shareholders.
More information about Nannaco Inc. can be found at www.sec.gov.
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For further information, please contact Steve Careaga at 253-853- 3632, or send correspondence to 4906 Point Fosdick Dr., Suite 102, Gig Harbor, WA 98335