Exhibit
10.11


Nascent Wine Company, Inc.
Announces $8 Million Investment by York Capital Management


The
investment is expected to accelerate Nascent’s growth as the only nationwide
food distributor in Mexico


SAN DIEGO—(BUSINESS WIRE) July 9, 2007—Nascent Wine
Company, Inc. (OTCBB: NCTW), dba Nascent Foodservice, the only nationwide
distributor of imported food and beverage products in Mexico, announced today
that it had received an $8 million investment from York Capital Management. The
investment is expected to accelerate Nascent’s growth and strengthen its
strategic position as the only nationwide food distributor in Mexico.


“Nascent
is Mexico’s only nationwide independent food and beverage distributor, and is
well-positioned to take advantage of the opportunities presented in this highly
fragmented market,” said Bill Vrattos, a partner at York. “Nascent has a high
quality management team and we look forward to working closely with them to
build upon their already impressive accomplishments.”


“We
are extremely pleased to partner with an institution of the caliber of York,”
stated Sandro Piancone, CEO of Nascent Foodservice.  “This investment enables Nascent to continue
to execute its strategic plan of acquiring quality companies and expanding its
market penetration throughout Mexico.”


A
full description of the securities issued to York can be found in the 8-K that
is being filed with the SEC concurrent with this press release .


About Nascent Wine Company, Inc.


Nascent is a leading food and beverage distributor in Mexico, marketing
and distributing over 2,000 national and proprietary brand food and non-food
products.   Nascent 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, Bonet, Mitsuki, Avasoft Ice Cream, Kabbalah
Energy Drink, and Jolly Rancher Soda. 
Nascent is focused on acquiring 
profitable, well positioned distributors in Mexico with quality food and
beverage portfolios, selling to over 7,000 sales points including supermarkets,
convenience stores and foodservice accounts. 
Nascent trades on the OTC Bulletin Board as Nascent Wine Company, Inc.,
ticker symbol NCTW.OB.


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.


	
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