NEW YORK, June 15, 2011 /PRNewswire/ -- Wanderport Corp.
(OTC Markets-PINKSHEETS: WDRP) today announced the approval of a
new and expanded commitment with Design 1st Inc.
Building upon the successful completion and testing of the
single cavity microwave energy tank-less water heater (SCMHU),
Wanderport and Design 1st Inc. have agreed to a new mandate for the
production of the "point of use" multi cavity microwave energy
tank-less water heater (MCMHU).
The MCMHU will be a more powerful SCMHU incorporating an
improved heat exchanger and the latest UL® safety recommendations
forming the basis of Wanderport's anticipated commercial product.
This "level one" MCMHU will employ four heat exchange chambers and
is intended to be used in a residential "single point of use"
application such as an individual kitchen or bathroom. The
company's intention is to move beyond the lab and into residential
beta tests with this unit. Design 1st Inc. has begun working
towards the MCMHU and presently do not foresee a lengthy production
process.
"We've enjoyed our successful relationship with Mr. Robert Simoneau, Wanderport Corporation's
Technical Advisor and Product Licensor. Recent results give good
reason for our new mandate, which allows us to advance from the
SCMHU to the MCMHU. Moreover, we look forward to a long term
relationship with Mr. Simoneau and Wanderport, as well as
eventually designing their entire product line," said Ian Kayser, Director of Operations at Design 1st
Inc.
"Robert's steadfast effort and collaboration with Design 1st
Inc. have unquestionably contributed to a swift, systematic
approach and I am of the opinion that Wanderport will continue to
benefit from this relationship towards completion of a marketable
product within a very reasonable timeframe," stated Mr.
Richard Martel, President and CEO of
Wanderport Corporation.
About Design 1st Inc.: Design 1st Inc. is based in
Ottawa Ontario, Canada, with
offices in Toronto, Montreal and Vancouver. The company's product development
experts are some of Canada's most
accomplished, with 25 years experience in cost effective solutions
and pre-production unit development. For more information, please
visit Design 1st Inc. at: www.Design1st.com.
About Wanderport Corporation: Wanderport Corporation
holds the worldwide rights to the microwave energy tank-less water
heater technology through its exclusive Licensing agreement. The
technology's founding company, 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 product innovation and technology
development for the microwave energy tank-less water heater.
Since then, Wanderport Corporation acquired the exclusive rights
retained by its Inventor and Licensor Mr. Robert Simoneau also acting as Wanderport's
Technical Advisor. Wanderport Corporation remains focused on
developing business, making investments and acquiring licenses of
products and technologies that deploy "Green" environmentally
friendly alternatives, which reduce water and energy consumption as
well as global dependence on oil.
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.
Visit Wanderport Corporation at:
www.wanderport-ir.com
Email Contact: inquiries@wanderport-ir.com
Telephone: +1 (352) 533-4801
SOURCE Wanderport Corporation