NEW YORK, Aug. 3, 2011 /PRNewswire/ -- Wanderport Corp.
(OTC Markets-PINKSHEETS: WDRP) today in a statement made by Mr.
Richard Martel, Wanderport's
President and CEO, commented on the progress of the company, as it
transitions from an R&D start-up to becoming an interesting
"game changer" in the water heater industry as the completion of
the unique multi-cavity microwave energy tank-less water heater
(MCMHU) is imminent.
Dear Esteemed Shareholders,
It is a privilege to respectfully fulfill my role as President
and CEO of Wanderport at a time where the MCMHU is within sight. I
am also extremely proud of this company's direction and association
with our licensor, Mr. Robert
Simoneau and would like to thank him for his steadfast
dedication to the product. Because of his perseverance we are
anticipating completing a working multi-cavity microwave energy
tank-less water heater (MCMHU) within the next few weeks barring
any unforeseen delays.
This remarkable achievement will prepare the stage for a host of
marketing opportunities. We are hopeful the MCMHU will have a very
presentable outer shell and will be practical for beta-testing
outside the laboratory environment, as well as multiple
presentations to chosen global manufacturers and new and existing
distributors. We have also promised a unit will be made available
for a noted trade show attended by our USA distributor, Mr. David Myers of Utilities Marketing International
(UML) slated for October of this year (further details will be
provided as we approach the trade show's scheduled date).
Although we are entering a short waiting period, please rest
assured that behind the scenes our design and engineering
associates have been provided authorization and instruction to
complete the MCMHU without interruption. They will incorporate some
new light weight components designed to save space and energy
consumption, as well as an improved heat exchanger design having
run simulations for the past few weeks.
The introduction of Underwriters Laboratories UL® guidelines
will be gradual because consideration has been given to the
creation of a new and innovative category for the MCMHU. Wanderport
and UL® continue to exchange information and we will provide
further comments as the UL® file develops. Since we will be
advancing despite not fully completing the UL® process, design
engineers have assured us that there shouldn't be any great degree
of difficulty this time around because they have already tackled
most of the hurdles within the previous assembly of the single
cavity microwave energy tank-less water heater (SCMHU) prototype.
Upon completion of the MCMHU a full description will be made
available by Mr. Simoneau. Although we recognize the importance of
announcing specifications accompanied by efficiency coefficients, I
refuse to speculate or influence Mr. Simoneau in doing so unless he
truly feels comfortable with the idea. I have enormous faith in him
and I know he will release the information at the appropriate
time.
We are also in the final stages of constructing a new website to
serve prospective and existing clients and shareholders. The
previous website will no longer function due to the unfortunate
passing of the servers' owner and will cease operation as of
August 4th, 2011. The previous site
will be replaced with www.wanderportcorporation.net still under
construction. There may be a lag between closing the old website
and unveiling the new one so that the website's content and
product's specifications can be reviewed by Mr. Simoneau upon his
return from abroad in approximately twelve days.
With respect to the recent allegations by the AMF, much has
already been posted in current filings on www.otcmarkets.com and
through a recent news release issued by the company but for a more
thorough explanation please do not hesitate to contact either IR
at: (352) 533-4801 or wanderport@hotmail.com. Our true strength is
our anticipated product and it will speak for itself regardless of
any third party disturbance.
Although Wanderport has not increased the number of outstanding
shares since August 2009, we realize
that some of our esteemed shareholders have held their positions
prior to that date and we would like to thank them for their faith
in the company. As autumn approaches we hope it will be accompanied
by a heavily anticipated reward for their trust and patience.
Shareholders and prospective clients, our enthusiasm is genuine
and our commitment is unwavering towards producing and marketing
our unique product in order to build massive shareholder value.
Thank you and Best Regards,
Wanderport Corporation
Richard Martel
President and CEO
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