Exhibit 99.1


              Nascent Signs Letter of Intent to Acquire
        Baja California's Premier Bakery Distribution Company

    Nascent's Acquisition of La Bodega Provides Nascent 2 New
locations in Baja California, Mexico


    SAN DIEGO--(BUSINESS WIRE)--Aug. 9, 2007--Nascent Wine Company,
Inc. (OTCBB: NCTW), dba Nascent Foodservice, the only nationwide
distributor of imported products in Mexico, announced today it has
signed a non-binding Letter of Intent (LOI) to acquire Bodegas
Herlomex S.A. de C.V. (dba La Bodega), one of Baja California's
premier bakery distribution companies..

    La Bodega is a staple in the Baja California foodservice
community, serving the state of Baja for more than 40 years, and
operating a cash and carry operation that it opened 15 years ago to
complement its foodservice delivery distribution. La Bodega has 2
locations from where it services bakeries, restaurants, bars and
hotels with over 2,000 products including Westco bakery products,
Unified Grocers Presto, Uniliver, and Nery's Cheese products. La
Bodega's gross revenue for 2006 was approximately $6 million.

    Sandro Piancone, CEO of Nascent, said: "We are excited about
acquiring a landmark company such as La Bodega, allowing us to
introduce our exclusive brands into their distribution network and
leveraging their product line throughout our entire nationwide
network." Mr. Piancone went on to say, "This acquisition will also
provide Nascent with access to La Bodega's expertise and 42 years of
experience in the bakery distribution business."

    Carlos Lopez, CEO of La Bodega, stated, "Our family has been in
the foodservice and cash and carry industry for 3 generations, and we
look forward to working with Sandro and his team to provide Nascent
the benefit of the knowledge and experience we have gained in over 40
years of serving our customers."

    About Nascent Foodservice

    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. 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.

    www.NascentFoodservice.com

    Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995:

    This news release contains forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements are based upon our
current expectations and speak only as of the date hereof. Our actual
results may differ materially and adversely from those expressed in
any forward-looking statements as a result of various factors and
uncertainties, including the recent economic slowdown affecting
technology companies, the future success of our scientific studies,
our ability to successfully develop products, rapid technological
change in our markets, changes in demand for our future products,
legislative, regulatory and competitive developments and general
economic conditions. Our Annual Reports on Form 10-K, Quarterly
Reports on Forms 10-Q, Current Reports on Forms 8-K and other SEC
filings discuss some of the important risk factors that may affect our
business, results of operations and financial condition. We undertake
no obligation to revise or update publicly any forward-looking
statements for any reason.


    CONTACT: Pilot Financial Communications Network
             Rick Gean, 480-247-2142 (Investor Relations)
             info@pilotfcn.com