NEW YORK, July 21, 2011 /PRNewswire/ -- Wanderport Corp.
(OTC MARKETS-PINKSHEETS: WDRP) announced today that its relations
with its Australian Distributor couldn't be stronger following
meetings while attending the Singapore International Water Week
show held on July 1, 2011.
Gavin Ovens, President of Gavin
Ovens Holdings PTY LTD, known more particularly for being one of
Australia's experts in water
effluence in mining and energy products, as well as for his
profound knowledge in treating water contamination and
environmental issues resulting from mining procedures, attended the
Singapore International Water Week show
(http://www.siww.com.sg/about-singapore-international-water-week ),
where he had the opportunity to meet and solidify his relationship
with Mr. Robert Simoneau, Wanderport
Corporation's Technical Advisor and Product Licensor.
The show provided the ideal venue for Mr. Simoneau to be
introduced to the many environmental challenges that new
technologies must overcome as they preserve precious water
resources. Several informal introductions were made initiating many
prospective individuals and acquaintances to Wanderport and its
technology. People were visibly impressed by discussions presented
by Mr. Ovens and Simoneau.
Both Robert and Gavin further discussed the status of the
multi-cavity "point of use" microwave energy tank-less water heater
(MCMHU) and strategized on how its imminent production would relate
to the Australian marketplace given the remarkable projected
revenue commitments provided by Gavin Ovens Holdings PTY LTD in the
neighborhood of $125,000,000 USD over
five years.
"Meeting with Gavin was long overdue since his last visit to
Canada back in January 2011 and doing so within the context of
such an impressive show was a real eye-opener. I've, of course,
been working on how to apply our technology for the purpose of
heating water for domestic use but I am now becoming increasingly
aware of the several new opportunities that could benefit us from
applications that did not necessarily lie within my initial and
obviously limited premise," said Mr. Simoneau.
EXHIBIT "I": Mr. Ovens and Simoneau pictured at the
Singapore International Water Week show July
1, 2011 can be viewed by visiting www.otcmarkets.com,
entering Wanderport's symbol (WDRP) and choosing the "Financials"
tab, then selecting Exhibit "I".
"I'm keen on helping out however possible," said Gavin Ovens. "With respect to the MCMHU, I
cannot be more excited to see its forthcoming completion and I
understand that the immediate focus is on domestic opportunities
but the challenges relating to water and energy are global and
deserve some consideration and priority when further developing
other applications with Wanderport's innovative and proprietary
technology," he continued.
"By attending this impressive show in such a far-flung venue,
this fact has not gone unnoticed. Indeed, while Wanderport may not
yet be ready for the world market, it is apparent that the world is
ready for Wanderport," said Richard Martel Wanderport's President
and CEO.
*In other noteworthy news, quarterly financials for period
ending June 30th, 2011 have been
posted on www.otcmarkets.com and can be viewed by entering
Wanderport Corporation's symbol (WDRP) then selecting the
"Financials" tab.
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), awarded by the National Research Council of Canada 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