ZANN Corp (OTCBB:ZNNC) announced today that the Company has started shipping of AutoFast(R) products. Today, Zann Corp. shipped 250,000 rivets packaged for a customer in Germany. This shipment represents a small portion of a large customer base in Europe that we are in the process of revitalizing. According to Robert C. Simpson, CEO, "We have shipped half of our 500,000 unit purchase order this week. The new rivet magazines were completed in our Tampa, Florida facility. We are bringing our first three of 27 packaging machines online. Each machine is qualified for process capability requirements prior to certification. We expect orders to be processed for more than 400 semi automatic riveting tools at $1495 per tool during the balance of 2005. A typical tool should require more than $100 worth of rivet magazines per day." ABOUT ZANN CORP ZANN Corp. has three primary business units; semi automatic riveting systems, biotechnology and nutritional supplements. These are all scalable technologies with the potential to supply a diverse range of high quality, high value products and services for niche markets. For additional information please visit the corporate website at: www.zanncorp.com Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Zann (PK) (USOTC:ZNNC)
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