Option Grant to a Director of Ranaz



    MONTREAL, Oct. 11 /CNW Telbec/ - Ranaz Corporation ("Ranaz") (TSXV: RNZ),
announces that its Board of Directors approved the grant of 100,000 options
entitling Mr. Jean-François Courville, an independent director of the Company,
to purchase common shares of Ranaz. The exercise price of the options has been
fixed at $1.15 per common share, which corresponds to the closing price of
Ranaz's shares on the TSX Venture Exchange the day before the approval. The
other conditions of the options are governed by the stock option plan of
Ranaz.
    Mr. Courville is President and Chief Operating Officer of MFC Global
Investment Management, the asset management arm of the Manulife Financial
Corporation (TSX: MFC). He was elected director of Ranaz at its annual meeting
held on May 29, 2007. Mr. Courville holds, as of this day, 68,000 common
shares of Ranaz.

    About Ranaz Corporation

    Ranaz is a corporation specializing in the manufacture and marketing of
protein and dietary supplements in relation to weight loss and obesity
treatments. Its mission is to design, develop and market nutritional, protein
and dietary supplements under its own corporate brands, such as Protidiet and
ProtiLife, as well as under private labels. The common shares of Ranaz have
traded under the symbol RNZ on the TSX Venture Exchange since December 29,
2006.

    Certain statements contained in this news release, other than statements
of fact that are independently verifiable at the date hereof, may constitute
forward-looking statements. Such statements, based as they are on the current
expectations of management, inherently involve numerous risks and
uncertainties, known and unknown, many of which are beyond Ranaz's control.
Such risks include but are not limited to: the impact of general economic
conditions, changes in the regulatory environment in the jurisdictions in
which Ranaz does business, stock markets volatility, fluctuations in costs,
and changes to the competitive environment due to consolidation, as well as
other risks disclosed in public filings of Ranaz. Consequently, actual future
results may differ materially from the anticipated results expressed in the
forward-looking statements. The reader should not place undue reliance, if
any, on the forward-looking statements included in this news release. These
statements speak only as of the date made and Ranaz is under no obligation and
disavows any intention to update or revise such statements as a result of any
event, circumstances or otherwise.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.




For further information:

For further information: Martin Vidal, Executive Vice President, Ranaz
Corporation, (450) 491-7106, Ext. 213, martinv@ranazcorporation.com; Jean
Walter, Vice President, MaisonBrison, (514) 731-0000, Ext. 223,
Jean@maisonbrison.com

Organization Profile

Ranaz Corporation

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MaisonBrison Communications

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