Nannaco Acquisition Target, Red Alert Group, Provides VIP Protection to Jerry Lee Lewis
6/1/2004 11:00:00 AM
GIG HARBOR, Wash., Jun 1, 2004 /PRNewswire-FirstCall via COMTEX/ -- Nannaco, Inc. (NNCO) , which announced on March 29 that it has entered into a letter of intent to acquire Red Alert Group, Inc., today announced that Red Alert Group has represented to Nannaco that Red Alert Group International recently provided VIP protection for the world famous rock and roll artist Jerry Lee Lewis and his family. Mr. Lewis stayed in Paris, France for a short week with his family to do promotional work and holiday time. For security reasons the visit was announced only shortly before arrival and during their stay Red Alert bodyguards escorted the family throughout the city. In addition, RAG provided hotel security and transportation for Mr. Lewis and his family.
Mr. Lewis and his family were able to enjoy their stay in Paris and no incidents occurred. At Charles de Gaulle airport in Paris, Mr. Lewis said farewell to his security team, thanking them for their excellent work. Mr. Lewis stated he was looking forward to using the RAG services again in the near future. Red Alert Group primarily provides solutions for Homeland Security, Cyber Security, and Private Military Security. The firm is active in Counterterrorism -- creating measures, procedures, and training as well as mitigation and recovery strategies. Red Alert Group operates in the US from its headquarters in Atlanta and its government office in Washington. Red Alert Group International BV, in The Hague, and Red Alert Group Pte. Ltd., in Singapore are wholly-owned subsidiaries, and the company has a representative office in Kuwait.
Nannaco, Inc. will receive no benefits, economic or otherwise unless and until the acquisition of Red Alert Group is completed. The proposed transaction is subject to customary closing conditions, including due diligence, execution of a Definitive Agreement and approval by the respective Board of Directors (and, to the extent required by applicable law, shareholders). There can be no assurance that the transaction will be completed.
Nannaco, Inc., previously provided surface cleaning, surface protection, surface restoration, and other services to commercial and industrial businesses, as well as to owners of historical buildings. The Company has moved to a new line of business as a consultant and advisor to customers and is seeking to improve it financial position through the acquisition of or merger with companies capable of providing the best value to its shareholders.
More information about Nannaco, Inc. can be found at http://www.sec.gov and on Red Alert Group, visit its website at http://www.redalertgroup.com .
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