Ranaz concludes acquisition of Bar Tech



    First major strategic acquisition in the United States

    MONTREAL, Jan. 11 /CNW Telbec/ - Ranaz Corporation ("Ranaz" or the
"Company") (TSX-V: RNZ), a company specializing in the manufacturing and
marketing of protein and dietary supplements for weight loss and obesity
treatment, is pleased to announce that it has closed the acquisition of Bar
Tech Manufacturing, Inc. ("Bar Tech"), a manufacturer of nutritional bars
based in Grand Rapids, Michigan. This acquisition was announced on December
12, 2007.

    Key advantages of this transaction for Ranaz:

    
    - Significantly increased profitability: a major positive impact on gross
      margins of all Ranaz products

    - Substantial additional revenue: Bar Tech reported sales of
      US $3.2 million for the 11-month period ended November 30, 2007, and
      its backlog currently stands at about US $800,000

    - A nine-month jump on our manufacturing schedule for nutritional bars:
      perfect timing with ProtiLife's eventual entry into the American market

    - Excellent growth potential: immediate tap into the lucrative private
      brand market
    

    Ranaz has acquired all outstanding shares of Bar Tech, which were held by
four shareholders, in exchange for 738,673 common shares (the "Common Shares")
and 369,337 warrants (the "Warrants"). Each Warrant entitles its holder to
purchase one Common Share at a price of $1.30 during a 24-month period
following its issuance.
    Prior to today's closing, the shareholders of Bar Tech were not related
parties of Ranaz, and no intermediary fee was paid pursuant to this
acquisition.
    The Common Shares and Warrants issued pursuant to this acquisition are
subject to a four-month hold period, in accordance with applicable securities
legislation and the policies of the TSX Venture Exchange.
    Effective today, Ranaz has also granted 175,000 stock options under its
stock option plan to Joseph Bachmore, Bar Tech's Chief Executive Officer. The
options have an exercise price of $1.30, which represents the closing price of
Ranaz's common shares on January 10, 2008.

    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.

    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.
    %SEDAR: 00024418EF




For further information:

For further information: Martin Vidal, Executive Vice President, Ranaz
Corporation, (450) 491-7106, ext. 213, martinv@ranazcorporation.com; François
Kalos, President, SOLAK Communications, (450) 993-0828, kalos@solak.ca; Media:
Impact Communication, Carlo Tarini, President, (514) 916-2436,
tarini@impact-com.ca

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Ranaz Corporation

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