Nascent Foodservice Announces Preliminary 2007 Revenue Results

Company Expects to Achieve Record Revenue in the Range of $37 to $40
Million for Full Year 2007

SAN DIEGO--Feb. 25, 2008--Nascent Wine Co. Inc. (OTCBB:NCTW) (dba Nascent Foodservice), today reported preliminary revenue for the fourth quarter and full year ended December 31, 2007 and significant business achievements in 2007.

The Company expects to report revenue for the fourth quarter 2007 of approximately $16.5 to $17 million an increase of five-times fourth quarter 2006 revenue of $3.5 million. For the year ended December 31, 2007, revenue is expected to be approximately $37 to $40 million, or an eight-times increase compared to revenue of $4.7 million. The increase in revenue for the fourth quarter and full year of 2007 is due to three major acquisitions completed during 2007 and organic growth.

The three major acquisitions completed in 2007 were as follows:
(1) Pasani, S.A.de C.V., a distributor of European and Asian food products in Mexico was acquired in May 2007. (2) Grupo Sur Promociones de Mexico, S.A. de C. V. (Grupo Sur), a leading field marketing and below the line marketing (BTL) organization in Mexico was acquired in July 2007. (3) Comercial Targa S.A de C.V (Targa), a leading imported cheese distributor in Baja California, Mexico was acquired in October 2007.

Sandro Piancone, Chief Executive Officer of Nascent Foodservice, stated, "Our
record fourth quarter and full year 2007 revenue growth is the culmination of
several significant achievements in 2007. During the full year of 2007, we
expanded the portfolio of products we distribute (branded and private
label/propriety items) by over 50%, increased our distribution centers from 4 to
18 and expanded our service footprint to cover all of Mexico's major
metropolitan areas, making Nascent the first and only nationwide distributor in
Mexico."

2007 Business Highlights:
-- Expanded branded product lines over 50% to approximately 2,000
brand name items at December 31, 2007 from 1,300 brand name
items at December 31, 2006
-- Increased private label / proprietary product line to more
than 200 private label items
-- Added more than 6,800 new retail accounts in 2007 including
Wal-Mart, Sam's Club, Costco, HEB, Soriana, Gigante, Smart and
Final.
-- Increased distribution centers to 18 from 4, improving our
efficiencies and proximity to our customers
-- Expanded transportation fleet approximately 500% to 35 trucks
from 6
-- Added 4,700 employees
-- Increased our long-term exclusive distribution contracts by
100% from three to six
2007 Acquisition Highlights:
-- Acquired Pasani, S.A.de C.V., a distributor of European and
Asian food products in Mexico, in May 2007. Through the
acquisition of Pasani, Nascent Foodservice added more than 200
private label and trademarked items under the Bonet and
Mitsuki brand names. Also received exclusive distribution
agreements for Reese Brand and Lee Kum Kee. Additionally, the
acquisition grew Nascent's distribution facilities from 7
distribution facilities to 11 distribution facilities,
allowing Nascent to service all of Mexico's major metropolitan
areas.
-- Acquired Grupo Sur Promociones de Mexico, S.A. de C. V. (Grupo
Sur), a leading field marketing and below the line marketing
(BTL) organization in Mexico, in July 2007. Through the
acquisition of Grupo Sur, Nascent Foodservice added 4,500
employees that service every single supermarket and 240,000
retail convenience stores to its customer base.
-- Acquired Comercial Targa S.A de C.V (Targa), a leading
imported cheese distributor in Baja California, Mexico, in
October 2007. With the acquisition of Targa, Nascent
Foodservice added 30 new product lines under the brand names
Nery's and Nery's Choice to its product portfolio.
Mr. Piancone, concluded, "Looking to 2008, we are very excited about our long term growth prospects and believe we are well positioned to build upon our position as the leading distributor of imported products in Mexico."
The Company expects to report actual 2007 results during the last week of March 2008.

About Nascent Wine Company Inc.
Nascent Wine Company Inc. dba Nascent Foodservice is the only nationwide distributor of imported products in Mexico, marketing and distributing over 2,000 national and proprietary brand food and non-food products. Nascent Foodservice also has the exclusive right to distribute Miller Beer in Baja California, Mexico. In addition, Nascent sells select products from Nestle, Haagen-Dazs, General Mills, Ferrarelle Water, Cora Italian Food Products, Bonafont Water, Avasoft Ice Cream, Mitsuki Asian products, Bonet European products, Kabbalah Energy Drink, and Jolly Rancher Soda, Spark's energy drink, Nery's cheese products, among others.
Nascent is focused on acquiring the most profitable and well positioned distributors in Mexico with the best food and beverage portfolios in the country. Nascent is currently servicing over 240,000 sales points including supermarkets, convenience stores and foodservice accounts like Wal-Mart, Costco, Soriana, Comercial Mexicana, AM/PM, 7-ELEVEN, OXXO and many more. Nascent Foodservice trades on the OTC Bulletin Board as Nascent Wine Company, Inc., ticker symbol NCTW.OB. For more information about Nascent Foodservice, go to www.nascentfoodservice.com.

Forward Looking Statements
Statements made in this press release that express the Company's or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company that it will achieve such forward-looking statements. For further details and a discussion of these and other risks and uncertainties, please see our most recent reports on Form 10-KSB and Form 10-QSB, as filed with the Securities and Exchange Commission, as they may be amended from time to time. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

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CONTACT: ICR, Inc
John Mills, 310-954-1100
jmills@icrinc.com