Nannaco, Inc. Merger Partner Amenni Inc. Has Successful Negotiations in the Middle East


GIG HARBOR, Wash. and FT. LAUDERDALE, Fla., June 14, 2005 (PRIMEZONE) -- Nannaco, Inc. (OTCBB:NNNC) Merger Partner Amenni Inc., in a letter to its shareholders presented by Patrick Lochrie, (Amenni's CEO), the Company stated that a series of highly successful meetings have taken place at their Dubai Office.

Amenni has concluded a series of meeting with Senior Health Officials from several Middle East countries that will enable them to market their Innovative Patch products into the region.

Amenni intends to market a range of cooling patches into the OTC Market of the Gulf States and Saudi Arabia. Currently several Middle Eastern companies are bidding for the distribution rights for the complete range of Amenni products for the region.

The Middle East's healthcare sector is emerging as one of the fastest-growing and most attractive markets, with an estimated value of US $74 billion (2004) and is expanding at 16% annually.

"Our successful ongoing negotiations in the Middle East have highlighted the potential of Amenni's products and the expansion into further markets for our Healthcare, Cosmetic and Medical ranges," added Mr. Lochrie.

As previously announced, Amenni, Inc. is a premier developer and manufacturer of Nutraceuticals. Amenni develops and manufactures joint-care nutraceutical products for dogs and horses. In addition to Ft. Lauderdale, Amenni has facilities located in London (United Kingdom), Dubai (United Arab Emirates) and Zurich (Switzerland).

Amenni has initially distributed these product lines through a distribution agreement with one of the top 5 internationally recognized pharmaceutical firms. Revenues in the first 12 months from this agreement exceeded $1 million, and the first product was launched in 10 countries. Amenni anticipates a roll-out to an additional 15-20 countries, including the U.S., within the next 12 months.

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 http://www.sec.gov

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