ZNNC Zann Corp (CE)

ZANN Corp (OTCBB:ZNNC). This release is a restatement of the August 08, 2005 News Release. Zann Corp announced the Company has chosen a funding facilitator to assist the firm with obtaining $5,000,000 in financing. The capital will be used for increasing production capacity of its AutoFast(R) tools, rivet magazines, marketing, and working capital. According to Robert C. Simpson, Zann Corp CEO, "We want to clarify the prior News Release. The funding facilitator (not "funding source") we selected, understands our need to grow the business and create shareholder value over the long term. The funding will be performed on a best efforts basis. Additional capital will allow Zann Corp to build packaging machines and other related components to meet projected production requirements thus staying ahead of the purchase orders currently entering our system. Zann Corp's desire is to attain a level of production capacity for our semi-automatic riveting tools and magazines that will meet the growing demand for our products." ABOUT ZANN CORP ZANN Corp. Our primary business is the manufacture and sale of high quality, high value semi automatic riveting tools and magazines. For additional information please visit the corporate website at: www.zanncorp.com Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.