NEW YORK, Nov. 4, 2011 /PRNewswire/ -- Wanderport Corp. (OTC Markets-PINKSHEETS: WDRP) announced today the multi-cavity microwave heating unit (MCMHU) was displayed during the company's recent informal gathering held on October 25th, 2011 in Burlington, Vermont, USA.

The "meet and greet" was attended by interested individuals having accepted Wanderport's invitation announced in the company's news release of October 17, 2011. All those on hand benefited from a concise power point arrangement presented by Mr. Robert Simoneau (Technical Advisor and Product Licensor), accompanied by his recounting of the history of his invention. Mr. Simoneau, provided a basic interpretation of the single-cavity microwave heating unit (SCMHU) or prototype's performance and extrapolated these figures to demonstrate how confident he is in comparison to the improved results he hoped to gain with the MCMHU's more defined and powerful heat engine.

The MCMHU displayed in Burlington is presently in the hands of Wanderport's contracted design firm where engineers are adding thermocouples and testing water tightness. Wanderport estimates receipt of the MCMHU in the next few days and will wire up the unit and commence beta-testing. Upon completion, Wanderport intends to publicize these preliminary results and considers this information to be fundamental in its endeavour to strike strategic alliance agreements with manufacturers. Agreements of this nature would include the fabrication of a number of field units available for dealer testing and samples to be delivered to Underwriters Laboratories (UL®) for the purpose of advancing discussions of a "new and innovative" category for the heat engine technology. The combination of UL® safety certification and the eventual involvement of Energy Star® would be considered sufficient third party proof to substantiate efficiency coefficients and offer industry comparables. Wanderport is confident and hopeful that the MCMHU's heat engine performance efficiency will be industry leading and provide the basis and leverage to approach global manufacturers, dealers, and to make presentations to journalists and attendees at trade shows.

"At the moment, we clearly consider the MCMHU a sufficient vehicle to run beta tests and demonstrate the heat engine's capabilities in the presence of worldwide manufacturers and dealers and will serve as the basis for other 'point of entry' or commercial models. Furthermore, we are aware that manufacturers and dealers will provide their feedback to aesthetically modify the outer box and tailor production units according to the desired model specifications and market requirements," stated Mr. Richard Martel, President and CEO. "Pending any unforeseen factors, we anticipate very favourable results from the heat engine's beta testing and we look forward to publicizing this information within the coming weeks," further added Mr. Martel.

Wanderport is also delighted to open its new website (www.wanderportcorporation.net) to prospective clients and stakeholders. The website encompasses many new features making it customer interactive and considerably more user-friendly. It features a "customer service" tab and a link to a live "blog" where participants can engage in dialogue. Another feature is the world's first Android (soon to add iPhone®) mobile telephone wireless application (WAPP). It is designed to allow customizable temperature control and other interfacing while it tabulates the actual cost of energy consumed for each trip to the shower for those seeking to limit the expense of costly hot water and energy consumption. The company expects to add the heat engine's preliminary performance efficiency results in the "Products" section of the website once available and approved by the engineering team and would also like to provide a link to a short "in house" demonstration of the operating MCMHU for individual viewing.

About Wanderport Corporation:

Wanderport Corporation is a publicly traded company which acquired the global exclusive licensing, distribution and proprietary rights to a unique microwave energy tank-less water heater solution. The company has been dedicated to converting the technology into a marketable eco-friendly, efficient product. Wanderport's objective is to build a sound and profitable company by marketing and distributing the world's first revolutionary alternative to existing less-efficient water heating systems. Consumers will be proud to use our microwave water heating solutions which will preserve clean fresh water and reduce their energy consumption and personal carbon footprint. The technology 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.

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.  Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management's plans and objectives for future operations.  In some cases you can identify forward-looking statements by the use of terminology such as "may," "should," "anticipates," "believes," "expects," "intends," "forecasts," "plans," "future," "strategy," or words of similar meaning.  While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect current judgment regarding the direction of the business operations of Wanderport Corporation, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this press release.  These statements are predictions and involve known and unknown risks, uncertainties and other factors, including the risk that Wanderport Corporation cannot execute its business plan for lack of capital or other resources, distribution, partnering or licensing/acquisition opportunities, as well as the risks described in the periodic disclosure documents filed on OTCMarkets.com by Wanderport Corporation, copies of which are also available on the company's website.  Any of these risks could cause Wanderport Corporation or its industry's actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by the forward-looking statements in this press release.  Except as required by applicable law, including the securities laws of the United States, Wanderport Corporation does not intend to update any of the forward-looking statements to conform these statements to actual results.

CONTACT:

Wanderport Corporation's new website remains under construction at: www.wanderportcorporation.net

For further information, please contact: info@wanderportcorporation.net OR Investor Relations: andrew@wanderportcorporation.net

Telephone: +1 (352) 533-4801

SOURCE Wanderport Corporation

Copyright 2011 PR Newswire

Wanderport (PK) (USOTC:WDRP)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Wanderport (PK) Charts.
Wanderport (PK) (USOTC:WDRP)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Wanderport (PK) Charts.