NCTW Nascent Wine Co Inc (CE)

Nascent Wine Co. Inc. (OTCBB:NCTW) (dba Nascent Foodservice), today announced the appointment of Peter White as Chief Financial Officer of the Company, effective March 9, 2008. Mr. White has served as acting Chief Financial Officer to the Company since January 2008. Mr. White brings to Nascent over 40 years of senior executive experience and extensive background in corporate finance, accounting, operations, marketing and strategic planning. Mr. White will report directly to Sandro Piancone, Chief Executive Officer of Nascent Foodservice, and will be responsible for providing financial and strategic leadership to the CEO, management and the board of directors. Sandro Piancone, Chief Executive Officer of Nascent Foodservice, stated, �We are very pleased and fortunate to have Pete join the executive management team in a permanent capacity. Pete brings significant senior level finance and accounting experience to Nascent and has been a tremendous resource since joining us in December 2007 as our acting Chief Financial Officer. We are pleased to have someone with Pete�s expertise and capabilities to provide the financial leadership in this dynamic stage of the Company�s growth cycle.� Mr. White has served as acting Chief Financial Officer to the Company since January 2008. Prior to joining Nascent Foodservice, Mr. White served as Managing Director of Armillaire Advisors, a consulting practice co-founded by Mr. White in June of 2005. From 2003 to 2005, he was Vice President of Global Finance for 3D Systems, Inc. a global developer and manufacturer of laser systems. Mr. White�s previous experience also includes Chief Financial and Chief Operating Officer of Matrix-Systems, Inc., a wireless software solutions company for defense and commercial applications; Managing Director of Phoenix Equity Partners, an investment firm; Chief Executive and Chief Financial Officer of Global Spill Management, an environmental services company; and various senior level finance and public accounting and audit roles. Mr. White holds a B.S. degree in Accounting from New York University, a MBA in Finance from Columbia University and is a certified Public Accountant in the states of Pennsylvania and Massachusetts. About Nascent Wine Company Inc. 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, Ferrarelle Water, Cora Italian Food Products, Avasoft Ice Cream, Mitsuki Asian products, Bonet European products, Kabbalah Energy Drink, and Jolly Rancher Soda, Spark�s energy drink, Nery�s cheese products, among others. 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. For more information about Nascent Foodservice, go to www.nascentfoodservice.com. Forward Looking Statements Statements made in this press release that express the Company's or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company that it will achieve such forward-looking statements. For further details and a discussion of these and other risks and uncertainties, please see our most recent reports on Form 10-KSB and Form 10-QSB, as filed with the Securities and Exchange Commission, as they may be amended from time to time. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.