Ranaz signs distribution agreement with the Brunet Pharmacy banner

    Protilife products will now be sold over-the-counter in more than 100

    MONTREAL, Jan. 31 /CNW Telbec/ - Ranaz Corporation (TSXV: RNZ), a company
specialized in the manufacturing and marketing of protein and dietary
supplements related to weight loss or obesity treatments, today announced it
had signed, through its subsidiary Protilife Distribution Inc., a distribution
agreement with the Brunet Pharmacy banner for its new product line. Through
this agreement, Protilife brand products - intended for the general public -
will be distributed chainwide through some 106 branches.
    This represents a first breakthrough for Ranaz, whose shares are listed
on the TSX Venture Exchange since December 29, 2006. "We're delighted with our
new partnership with the Brunet banner. Professionalism, originality and
passion for the vocation of pharmacist have always been Brunet's trademarks,
inspiring respect and confidence since 1855 and which will now carry our new
Protilife brand of weight-loss products," said Ranaz Corporation President and
Chief Executive Officer Jean Bourassa-Marineau. "Our expertise and prominence
in the formulation and continuous development of such effective and tasty
products are solid assets. For 17 years now, we have been manufacturing a full
line of products distributed through specialized channels in Canada, Europe
and the United States. By distributing our products through the Brunet banner,
we're accessing a top-notch distribution network in addition to efficiently
reaching our target market. This banner with a rich history remains attuned to
the very best in innovation and continues to make its mark on the Quebec
pharmacy scene."

    The Protilife product line

    The Protilife brand will enable the Corporation to capitalize on its
experience in developing products for weight loss and obesity treatment by
introducing a mass market product supported by scientific research. The
Corporation wishes to position this brand to help establish Ranaz as a
world-class leader in the developing and marketing of quality and effective
high-protein weight loss and heath supplements and for its consumer market
    The Protilife product line seeks to enable fast weight loss while
providing the nutrients needed to maintain muscle mass. Once the target
healthy weight is reached, the individual will be able to follow a Protilife
weight maintenance program, which is a diet based on the four food groups, as
recommended by the Canada Food Guide, while integrating Protilife products to
facilitate follow-ups.

    About Ranaz Corporation

    Ranaz is a company specialized in manufacturing and marketing protein and
dietary supplements in relation to weight loss or obesity treatments. Its
mission is to design, develop and market nutritional, protein and dietary
supplements under private brands, as well as under its own corporate brands,
such as "Protidiet" and "Protilife". Through its subsidiaries, Ranaz produces
high-quality dietary and protein supplements. All of Ranaz's products have
common features, including flavours and tastes that meet market demands, a
format tailored to the market, and quick and easy preparation, as well as
scientific design and rigorous manufacturing standards.
    The Protidiet product line was developed as ready-to-eat products for the
niche of physicians treating obesity. It includes bars, powders, soups,
biscuits, concentrates, muffins, and other meals and snacks with high protein
content. The main markets for Protidiet are weight-loss clinics in North
America in pharmacies and parapharmacies in Europe. There are some 120
products in the Protidiet line. Meanwhile the Protilife product line, the
Corporation's second flagship concept, will be sold in drugstores in North
America and Western Europe, and offer a means of quickly losing weight and
maintaining a healthy weight. The brand is based on the Corporation's
experience in being designed for the mass market while based on scientific
research. There are currently 10 different products in the Protilife line:
four ready-to-eat bars and six products in packets consisting of dry protein
that has to be reconstituted.

    About the Brunet banner

    Owned by METRO RICHELIEU INC., the Brunet banner has been active in
Quebec since 1855. With a network of some 106 stores, Brunet has experienced
strong growth in its field of specialty.

    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: Jean Bourassa-Marineau, President and Chief
Executive Officer, Ranaz Corporation, (450) 491-7106, ext. 217,
jeanb@ranazcorporation.com; Martin Vidal, Executive Vice-President, Ranaz
Corporation, (450) 491-7106, ext. 213, martinv@ranazcorporation.com

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