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Friday, 03/09/2007 3:44:16 PM

Friday, March 09, 2007 3:44:16 PM

Post# of 3309
Yet another Nannaco scam - this is how they got a name change btw:

Nannaco Inc. Announces the Receipt of Acquisition Funding and Expects to Acquire Internet Based Radiation Oncology Treatment Planning Firm Within the Week

GIG HARBOR, Wash., Aug. 3, 2006 (PRIMEZONE) -- Nannaco, Inc. ("Nannaco") (Pink Sheets:NANN) announced the receipt of acquisition funding from TTTK Capital Partners, LLC which will allow the company to close on the merger with GAK Acquisition, Inc. thereby acquiring Comprehensive Physics & Rehabilitation Services ("CPRS"). The merger is expected to close within the next few days.

CPRS is a 12 year old firm that provides specialized internet based treatment plans and medical physics consulting services for radiation centers. Nannaco's acquisition of CPRS will provide the foundation for the entity to achieve significant revenue growth from both (i) internal expansion of CPRS's existing business, and (ii) from its plan for future acquisitions in the highly fragmented radiation and cancer industries. CPRS achieved revenues of approximately $1,700,000.00 for the year ended 2005 with EBITDA of approximately $ 100,000.00. Management believes that the merger will provide CPRS with greater access to capital with which it intends to commence enhanced sales and marketing efforts.

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.

NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) the company's limited operating history; (2) the company's ability to pay down existing debt; (3) the company's ability to retain the professional advisors necessary to guide us through our corporate restructuring; (4) the company's ability to secure necessary financing; (5) potential litigation by shareholders and/or former or current advisors against the company; (6) the company's success in securing third-party commitments, production agreements and/or licensing contracts; (7) the company's ability to comply with federal, state and local government regulations and/or unforeseen changes in federal or and government regulations; and (8) the risks inherent in the investigation and consummation of the acquisition of a new business opportunity or other factors over which we have little or no control. For further information, please contact Steve Careaga at (253) 853-3632, or send correspondence to 4916 Point Fosdick Dr., Suite 102, Gig Harbor, WA 98335.

CONTACT: Nannaco, Inc.
Steve Careaga
(253) 853-3632