Wanderport's Revolutionary Microwave Energy Tank-less Water Heater to Prove Heat Engine's Linearity and Test Unit's Performan...
September 30 2013 - 10:35AM
OTC Markets
September 29, 2013 Clermont, FL - Wanderport
Corporation (OTC Markets PINKSHEETS Trading Symbol: WDRP),
Wanderport Corporation is delighted to provide this update
concerning the revolutionary microwave energy tank-less water
heater to valued investors and interested parties:
Since returning from Asia, Wanderport?s Technical
Advisor and Product Licensor, Mr. Robert Simoneau has recommended
the necessary approach to prove linearity of the unit?s heat engine
and the completion of independent performance efficiency testing at
Intertek Group plc.
Bearing in mind that future production runs would
necessitate Wanderport and their vendors to develop their own
proprietary drivers matched to specific magnetrons in a type of
single "motherboard", the preferred strategy (to expedite the
process in the short term) is to have the Asian supplier (Midea)
match a lower powered magnetron to the drivers that Wanderport has
recently received from the driver vendor.
With this in mind however, the driver
manufacturer has not provided a written guaranty that drivers will
optimize compatibility with the lower powered magnetrons. That is
because their drivers function at 4 Kilovolts whilst the magnetrons
have a rating ranging from 3.9 to 4.4 Kilovolts. Knowing this, the
magnetron vendor is specifically providing Wanderport with
magnetrons which operate on the lower end of the scale and, thus
will be compatible. In short, options are somewhat limited due to
the nature of components that are available in small orders and
with short notice.
Wanderport?s contingency positions are to use the
lower powered magnetrons with two inductive drivers or to use 2 air
cooled magnetrons that the driver manufacturer certifies as
compatible while permitting a manual calculation to compensate for
the 30 percent loss due to air cooled magnetrons rather than
recuperating the 30 percent loss by flowing water through the usual
water cooled magnetrons.
From a logistics standpoint prior to receiving
shipping approval by a commercial carrier, packaging will require
inspection, certification and consolidation in Shanghai China
(seeing there are various components from multiple vendors) taking
into consideration the magnetic element of the magnetrons. Lead
time (ex-works) on the items is 2-4 weeks considering not all items
are "stock".
About Intertek Group plc: For more than 127
years, companies around the world have depended on Intertek to
ensure the quality and safety of their products, processes and
systems. Intertek helps companies to develop and maintain trust and
integrity in their products and processes, delivering quality
solutions that meet or exceed industry requirements and regulatory
standards. Intertek holds extensive global accreditations,
recognitions, and agreements allowing certification for virtually
every market in the world. Intertek Group plc is a publicly listed
company that trades on the London Stock Exchange. Intertek has more
than 30,000 people in over 1,000 locations serving clients in more
than 100 countries. In March 2012, Intertek Group reported annual
revenue of over $1.7 billion for the 2011 financial year and had a
market capitalization of $4 billion. For more information, please
visit: www.intertek.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 proprietary heat
engine 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.
Important Information about Forward-Looking
Statements: 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,
licensing/acquisition opportunities or internal partnering issues
or restructuring/resignation which may modify existing licensing
agreement, arrangements and/or contractual obligations, 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 consult
Wanderport?s corporate website at:
www.wanderportcorporation.net
Investor Relations:
info@wanderportcorporation.net Telephone: +1 (352)
533-4801
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Wanderport@wanderportcorp
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