NEW
YORK, Dec. 22, 2011
/PRNewswire/ -- Wanderport Corp. (OTC Markets-PINKSHEETS:
WDRP) announced today it is completing a Finite Element Analysis on
its multi-cavity microwave heating unit (MCMHU) displayed in an
informal gathering held by the company on October 25th, 2011 in Burlington Vermont.
The Finite Element Analysis (FEA) is
a simulation technique which evaluates the behavior of components,
equipment and structures for various loading conditions including
applied forces, pressures and temperatures. Mr. Robert Simoneau, Wanderport's Technical Advisor
and Product Licensor has approved the FEA currently being completed
by Design 1st Inc., who continue to be retained by Wanderport for
their engineering and design expertise.
Design 1st Inc. is expecting to
achieve design and shape optimization, by evaluating
three-dimensional thermal stresses on components and structures
within the MCMHU due to a combination of aforementioned pressure
and temperature loads. In addition, Design 1st Inc. has also
successfully equipped the MCMHU with external thermocouple
assemblies, fittings and thermocouple probes, which are found to be
fully functional having absolutely no leakage.
Wanderport acknowledges integrity
testing has surpassed anticipated timelines, however, the company
is of the opinion that the additional analysis and assessment is
essential to produce a hassle free functional MCMHU capable of
generating efficiency performance results, while withstanding the
rigors of beta-testing, transport and multiple demonstrations to
manufacturers.
About Design 1st Inc.:
Design 1st Inc. is based in
Ottawa Ontario, Canada. The
company's product development design and development experts are
some of Canada's most
accomplished, with over 25 years experience creating innovative
mechanical engineering and product development, as well as, 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 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. 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:
For further information, please contact Investor Relations:
andrew@wanderportcorporation.net
Wanderport Corporation website at:
www.wanderportcorporation.net
Telephone: +1 (352) 533-4801
SOURCE Wanderport Corp.