Wanderport Outlines Strategy
February 03 2010 - 4:44PM
Marketwired
Wanderport Corp. (PINKSHEETS: WDRP) today released its strategic
plan of action towards the deployment of its innovative microwave
energy tank-less water heater. The strategic plan is divided into
five key elements namely; management and corporate re- structuring,
share structure, product development, target market, as well as
sales and distribution.
Management
The company has effectively completed a change in President and
CEO adding a seasoned entrepreneur at the helm. As well, there is a
new corporate headquarters and VP of Sales. This new management
team along with the Head of Technical Research and Product
Development advisor will undoubtedly be focused on the successful
development of the company and the creation of sustainable
shareholders value.
Share Structure
As of this date, the total outstanding shares are 711,100,100.
Wanderport does not foresee any short term changes to share
structure including reverse or forward split unless under the
review and advice of legal counsel or transfer agent.
Product Development
The Pulsar microwave energy tank-less water heater consists of
three key components specifically; circuit boards, water cooled
magnetrons and controllers.
-- Circuit board manufacturer has been chosen and the company is currently
evaluating specifications and deliverables.
-- The water cooled magnetron manufacturer should be announced in the near
future, as negotiations were undertaken during a recent trip to Asia by
the Head of Technical Research and Product Development.
-- Wanderport also estimates the controller manufacturer to be in place in
March 2010 as the company reviews final tenders.
Target Market
The two main target markets are the consumer and industrial
segments. The consumer market consists of new homes and
condominiums as well as their renovations. The industrial market is
focused on various industrial applications including fast food and
restaurant sanitation, fruit and vegetable food processing, hotel
shower and laundry facilities, as well as numerous associations and
facilities such as campgrounds all over the world.
Sales and Distribution
Wanderport is launching a formal global sales and distribution
network. Sales agreements will have average two to five year terms
and include sales and purchase commitments with the obligation to
develop a territory and/or domestic market. "Our industry may not
have the hype of others but we definitely possess a limitless
market share potential through which we will actively create
shareholder value based on strong sales fundamentals. American
water heater annual purchases alone represent an enormous eight
billion dollar industry. Our objective is to obtain at least one
percent ($80,000,000) of the market between the first and second
year," said Richard Martel, President and CEO.
About Wanderport Corporation: Wanderport Corporation is a
holding and business development company making investments,
acquiring licenses and deployment of environmentally friendly
"Green" technologies such as, primary alternative, renewable energy
and energy saving products namely Pulsar's microwave energy
tank-less water heater, which reduces water and energy consumption
as well as global dependence on oil. Pulsar Advanced Technologies
Inc. was the proud recipient of the 2005 TIPTA award (TCA; Toronto
Construction association, Innovative Product and Technology Award),
recognizing excellence in innovation in product or technology
development, or its application of its microwave energy tank-less
water heater.
Important Information About Forward-Looking Statements: Please
be advised that statements made herein, other than historical data,
constitute forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially
from those stated or implied by such forward-looking statements.
The potential risks and uncertainties include, among others,
potential volatility in the company's stock price, increased
competition, customer acceptance of new products and services to be
offered by the company, and uncertainty of future revenue and
profitability and fluctuations in its quarterly operating
efforts.
Contact Wanderport Corporation at: For more information:
www.wanderport-ir.com Email: inquiries@wanderport-ir.com +1 (917)
338-7957
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