Wanderport Is Close to Signing a US Distributor
February 25 2010 - 8:00AM
Marketwired
Wanderport Corp. (PINKSHEETS: WDRP) today released US contract
update.
US Distribution Agreement Wanderport
President and CEO Mr. Richard Martel is reporting that negotiations
with a large American water heater distributor continue to progress
towards a signed agreement. He and Mr. Barry Somervail, VP of Sales
and Business Development at Wanderport, have been holding many
separate meetings and conferences with principals of the US company
to speed up the process.
"We are diligently working to ratifying this agreement as soon
as possible. Due diligence indicates the US company is a terrific
fit because they are leading distributors in the water heater
industry with their own brand of water heaters and others, in
addition to distributing other well known types of electrical
appliances across North-America," said Richard Martel. "Management
of the US company share in Wanderport's optimism, as they recognize
the tremendous sales revenue impact the microwave energy tank-less
water heater offers them. The main source of excitement for
Wanderport is in the unique sales channels offered by the US
distributor in that they are already well positioned to the market
the product to their existing rural and rural and urban areas of
the United States and, of course, Canada will follow," continued
Mr. Martel.
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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