Tuesday, December 4, 2012

Wanderport Confirms Independent Laboratory Test Date and Improved Testing Protocol for the Innovative Eco-Friendly Microwave Tank-less Water Heater

NEW YORK, Dec. 4, 2012 /PRNewswire/ -- Wanderport Corp. (OTC Markets-PINKSHEETS: "WDRP") today announced that Intertek Group plc has reserved December 12, 13 and 14, 2012 to run independent laboratory performance efficiency tests on the multi-cavity microwave heating unit (MCMHU).
According to the company, the MCMHU has successfully been re-constructed and modified to eliminate misfiring of the water cooled magnetrons and is now designed to clearly illustrate the heat engine's scalability in terms of flow rate; delta and amperage draw by allowing for individual, combined and sequential firing of the magnetrons as will be determined manually during Intertek's upcoming laboratory tests. To better represent these modifications Robert Simoneau, Wanderport's Technical Advisor and Product Licensor improved the test protocol to ensure that the information from Intertek's lab test will clearly support his claim that a linear relationship exists between increasing power and heat generated. An excerpt from the improved lab protocol is presented as follows: "We desire to test, document and understand the heat engine characteristics of the MCMHU. We further wish to document the relationship between increases in power input versus heat generated. Data points to be collected broadly relate to temperature at inlet, temperature at outlet, and energy consumption at various predetermined flow rates. We are requesting that a series of tests be performed in order to ascertain and document the efficiency of the MCMHU's heat engine. Key inter-related items to be measured are flow rate, energy consumption and temperature delta. The test is intended to be used to further qualify our MCMHU's heat engine, which we expect to eventually incorporate in various dynamic flowing water heating products".
Wanderport is eager to complete Intertek testing no later than the aforementioned dates (pending any unforeseen delays) and anticipates publicizing a video recording of the MCMHU while undergoing said performance efficiency testing at Intertek's laboratory. Further public release of Intertek lab test results will follow shortly thereafter.  
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 begin_of_the_skype_highlighting +1 (352) 533-4801 FREE  end_of_the_skype_highlighting
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SOURCE Wanderport Corp.


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Thursday, November 15, 2012

Wanderport Provides Testing Overview Prior to Independent Laboratory's Performance Efficiency Results

NEW YORK, Nov. 15, 2012 /PRNewswire/ -- Wanderport Corp. (OTC Markets-PINKSHEETS: WDRP) today provided a statement by Mr. Robert Simoneau, Wanderport's Technical Advisor and Product Licensor, concerning the release of independent laboratory performance efficiency results on the multi-cavity microwave heating unit (MCMHU):
"Today being the company's voluntary target date to release the MCMHU's independent laboratory performance efficiency results, I am providing a summary of events which took place during 'in-house' testing leading to the company's decision to delay the release of said results, as well as a video demonstrating the operational unit's capacity to increase water temperature (delta). Prior to leaving abroad, I met with Intertek Group plc to review the prototype MCMHU and discuss testing protocol including required safety precautions and to agree on a set Intertek lab date. I then, proceeded to run new tests on the assembled MCMHU to establish functionality with the intention of bringing it to the lab for testing. At the request of the company I also recorded the operational unit in video format. In this video I was able to achieve and document a 50 degree centigrade output with an approximate and significant 30 degree delta (when I had surpassed 50 degree centigrade output temperature I terminated the test). However, during the test I noticed that not all magnetrons were firing and this was something that I wanted to investigate further prior to Intertek lab testing. Thereafter, and due to time and other constraints, I requested the postponement of two subsequently scheduled Intertek testing appointments which had been re-scheduled to allow for residual work to be completed on the unit specifically relating to the non-functioning magnetrons. In addition, I also chose to incorporate a modification in the testing protocol that would allow us to definitely prove scalability. This unfortunately has delayed us past this week's targeted date. That said, I have now continued the modification with the materials on hand by removing the drivers from the enclosure to allow me to identify the output wiring in order to eliminate any misfiring of the water cooled magnetrons. Furthermore, I have since finished other lab modifications and proceeded to reconstruct and test the MCMHU. With these adjustments I am convinced that the data to be collected at Intertek will take on greater significance to clearly illustrate the heat engine's scalability in terms of flow rate, delta and amperage draw by allowing for individual, combined and sequential firing of the magnetrons as determined manually. As a result, I am pleased to be shortly re-confirming a testing date at Intertek's Laboratory without delay, where this new protocol will further validate the unique microwave energy tank-less water heater's performance efficiency results. With this being said,  I am hopeful that Wanderport will have a video to demonstrate a functioning unit and performance efficiency results on or before December 6, 2012."  
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 under stock code ITRK.L in the FTSE 100. 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 pounds Sterling for the 2011 financial year and had a market capitalization of 4 billion pounds Sterling. 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 begin_of_the_skype_highlighting FREE +1 (352) 533-4801 end_of_the_skype_highlighting
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Tuesday, November 13, 2012

Highlights From The Wanderport Corp Quarterly Financial and Disclosure Statement

If you haven't had a chance to read the new quarterly report, which I am sure everyone was planning to do once they get done picking the rocks out of the grooves in their tires. Below you will find a few pieces out of the "Management's Discussion" section that I find interesting. Enjoy!
The following information is taken directly from the Wanderport Corp filing to be found in its entirety at: http://www.otcmarkets.com/stock/WDRP/filings
During the third quarter ending September 30, 2012, the Company has completed the electrical hook-up and powered beta-testing on the MCMHU. For this exercise, the Company connected the MCMHU to a flowing municipal water source while eliminating pressure on the heat engine; however, the company was forced to re-order customized transformers tailored to the new magnetrons used in the unit’s new design. The delay for their receipt was unfortunately longer than expected. Wanderport is corroborating results with a certified independent laboratory facility, namely Intertek Group plc, which is completing performance efficiency testing of their own.
Intertek’s group of professional technicians, safe testing environment and state-of-the-art research analysis tools provide a setting that Wanderport alone could not offer. In order to add credibility and gain a competitive edge, management’s new objective is to use Intertek’s certified performance efficiency results and a demonstration of our “first of its kind” fully functioning unit to illustrate how our technology stacks up against other existing products in the industry. This will provide solid credibility and leverage during upcoming negotiations to secure a strategic alliance with a leading manufacturer. Wanderport is on the cusp of releasing Intertek’s certified results within the fourth quarter 2012 (pending any unforeseen events, announcement target date is “on or before” November 15, 2012).
Due to aforementioned delays and to be fair with Wanderport and its shareholders, The third quarter ending September 30, 2012 also brought a new agreement between Mr. Robert Simoneau, Wanderport’s Technical Advisor, Product Licensor and majority shareholder and the company. Mr. Simoneau agreed to restrict trading on his entire original block of shares received as compensation for the distribution rights to the eco-friendly electric microwave energy tank-less water heating technology in order to reinforce his dedication and strong belief in the direction of the company. That is, Mr. Simoneau has agreed to place the totality of his 400 million shares received in consideration for the distribution rights to the revolutionary technology (balance remaining after the return of 100 million shares to treasury from original 500 million) in escrow for the next two quarters. The new agreement is the second of a similar agreement which had expired on March 31, 2012. Since then, Mr. Simoneau has made no attempt to remove the restrictive legend to sell the shares into the market. In fact, this agreement prevents any trading of the shares and avoids them from diluting the market in accordance to the Addendum’s terms and conditions effective October 1, 2012 and set to expire on March 31, 2013. A copy of the agreement will be filed as EXHIBIT "L" “ADDENDUM II TO LICENSING AGREEMENT” and submitted with this quarterly on www.otcmarkets.com - (ticker symbol WDRP, then choose the “Financial” tab.

Wanderport has also built a new website (www.wanderportcorporation.net), which is now open to prospective clients and shareholders. The website encompasses many new features making it customer interactive and considerably more user-friendly although future looking in its sales pitch. 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 (may soon 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.

Thursday, October 18, 2012

Wanderport Hires Independent Laboratory to Validate Eco-Friendly Microwave Tank-less Water Heater Performance Efficiency Results

NEW YORK, Oct. 18, 2012 /PRNewswire/ -- Wanderport Corp. (OTC Markets-PINKSHEETS: "WDRP") today announced Intertek Group plc, a worldwide recognized leader in independent, cost-effective performance efficiency testing and certification services, has been contracted to test and validate performance efficiency results on the innovative microwave energy tank-less water heater.
According to the Company, Intertek's mandate includes:
  • To evaluate a fully functioning microwave water heating unit
  • To safely complete performance efficiency testing services and analysis, while taking into consideration the unique nature and characteristics of Wanderport's microwave water heating unit and technology
  • To supply Intertek's independent interpretation of their efficiency analysis performed on the eco-friendly microwave tank-less water heater.
Intertek Group plc test a host of certification marks and North American market standards including ETL, CSA and UL. They boast testing proficiency rooted in a long history of success with over 127 years experience through their expansive network of global laboratories and offices. Their expertise includes troubleshooting, safety, quality control, research and development, design engineering and evaluation, as well as, prototype testing, validation and product benchmark testing. While International and local regulations continuously evolve, Intertek assists their clients to identify where hazards are likely to occur and to maintain requisite regulatory and legal compliance.
"Wanderport is in an enviable position transacting with two of the world's foremost independent certification Laboratories namely Underwriters Laboratories Inc. (UL) and now Intertek Group plc. When we presented the technology to UL in a past consultation, we were very pleased by UL's willingness to acknowledge our technology's credibility and distinct nature by means of a proposal to create a 'New and Innovative' product category for our product. This relationship, combined with Intertek's certified efficiency results suddenly offers Wanderport hard facts and leverage for upcoming negotiations to secure  a strategic alliance with a leading manufacturer and should reduce the company's risk by shortening the product's time-to-market," stated Mr. Robert Simoneau, Wanderport's Technical Advisor and product Licensor.
"Initially, we had intended to provide 'in house' efficiency performance results; however, we soon realized it would be virtually impossible to support our claims without validating them by a recognized third party laboratory. Intertek's group of professional technicians, safe testing environment and state-of-the-art research analysis tools provide a setting that Wanderport alone could not offer. In order to add credibility and gain a competitive edge, management's new objective is to use Intertek's certified performance efficiency results and a demonstration of our fully functioning unit o illustrate how our technology stacks up against other existing products in the industry. We feel this will go a long way to tip the pendulum in our favor," affirmed Mr. Richard Martel, Wanderport's CEO. "We anticipate releasing Intertek's performance efficiency test results no later than November 15th, 2012. In the interim, it is the company's intention to follow-up on its promise to release recent pictures of the unit including its interior, as a well as, a video demonstrating its functionality and capacity to increase water temperature," further stated Mr. Martel.
About Intertek Group plc: Through our network of over 33,000 people in 1,000 laboratories and offices in 100 countries, Intertek provides quality and safety solutions to a wide range of industries around the world.Through our network of over 33,000 people in 1,000 laboratories and offices in 100 countries, Intertek provides quality and safety solutions to a wide range of industries around the world.Through our network of over 33,000 people in 1,000 laboratories and offices in 100 countries, Intertek provides quality and safety solutions to a wide range of industries around the world.
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 under stock code ITRK.L in the FTSE 100. 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 Underwriters Laboratories Inc. (UL): Working for a safer world since 1894, UL has developed more than 1,000 Standards for Safety and is unparalleled in expertise and global conformity. These are essential to public safety and confidence, reducing costs, improving quality, and marketing products and services. Millions of products and their components are tested to UL's rigorous safety standards with the result that consumers live in a safer environment than they would have otherwise. For more information, please visit Underwriters Laboratories Inc. (UL) at: www.ul.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 begin_of_the_skype_highlighting FREE +1 (352) 533-4801 end_of_the_skype_highlighting
Like us on: Facebook.com/wanderportcorporation               Follow us on Twitter "Wanderport@wanderportcorp"

SOURCE Wanderport Corp.



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Thursday, October 4, 2012

Wanderport's Shareholder Confidence Bolstered by New Agreement to a Self-Imposed Trading Restriction on Inventor's Shares

NEW YORK, Oct. 4, 2012 /PRNewswire/ -- Wanderport Corp. (OTC Markets-PINKSHEETS: WDRP) In a bold move to reinforce his dedication and strong belief in the direction of the company, Wanderport is pleased to announce Mr. Robert Simoneau, Wanderport's Technical Advisor and Product Licensor and majority shareholder has entered into a new agreement to restrict trading on his entire original block of shares received as compensation for the distribution rights to the "first of its kind" eco-friendly electric microwave energy tank-less water heating technology.

Wanderport has remained faithful to shareholders by refusing to increase the company's total outstanding shares since 2010. To be consistent with this and to reinforce shareholder confidence, Mr. Simoneau has agreed to place the totality of his 400 million shares received in consideration for the distribution rights to the revolutionary technology (balance remaining after the return of 100 million shares to treasury from original 500 million) in escrow for the next two quarters. The new agreement is the second of a similar agreement which had expired on March 31, 2012. Since then, Mr. Simoneau has made no attempt to remove the restrictive legend to sell the shares into the market. In fact, this agreement prevents any trading of the shares and avoids them from diluting the market in accordance to the Addendum's terms and conditions effective October 1, 2012 and set to expire on March 31, 2013. Special reference to the new share restriction will be made in Wanderport's upcoming third quarter financial disclosure and a copy of the agreement will be filed as EXHIBIT "L" "ADDENDUM II TO LICENSING AGREEMENT" and submitted on www.otcmatkets.com - (ticker symbol WDRP, then choose the "Financial" tab.
"As I always said, I am in for the long haul and I have increasing confidence in my belief in how the market will accept this technology's verifiable performance efficiency results by a reputable independent laboratory. By locking up my shares, it allows Wanderport to focus the necessary efforts and resources towards establishing and growing their market strategy and the price per share should take care of itself once implemented,'' stated Robert Simoneau.

"Since Mr. Simoneau's convalescence after his operation on October 17th, 2011, his energy, effort and performance levels were not always at their peak, although he remained a team player. Despite last year's physical toll on his health, we look forward to building great things together," said Mr. Richard Martel, Wanderport's President and CEO. "It is my belief that the price per share at hand is not a true reflection of what the technology could represent in today water heating marketplace and Robert's renewed commitment to the company and its shareholders will assist him to eventually optimize the value of his shares. Furthermore, after seeking Mr. Simoneau's confirmation, I am delighted to reiterate my intent to release the name of the third party laboratory on or before October 18th, 2012, where I also intend to announce a firm date upon which the lab's performance efficiency results will be made public," continued Mr. Martel.
 
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 begin_of_the_skype_highlighting FREE +1 (352) 533-4801 end_of_the_skype_highlighting

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Thursday, September 27, 2012

Wanderport News: Robert Simoneau Explains the Technology

NEW YORK, Sept. 27, 2012 /PRNewswire/ -- Wanderport Corp. (OTC Markets-PINKSHEETS: "WDRP") On the heels of the company's recent confirmation of a functioning on-demand multi-cavity microwave water heating unit (MCMHU) and before releasing the name of the independent laboratory contracted to supply the unit's efficiency results, Mr. Robert Simoneau, Wanderport's Technical Advisor and Product Licensor, today summarized his thoughts on how to accurately benchmark and contrast Wanderport's proprietary eco-friendly microwave heat-engine technology performance efficiency results versus efficiency claims categorized and classified by others within the water heating industry.

Mr. Simoneau began by saying, "All water heaters consume some form(s) of energy in order to fulfill their stated purpose, which is to heat water. Traditional water heaters utilize energy solely in the form of "direct" consumption. An example of this would be natural gas, propane, electricity, etc., consumed to create heat. In the case of gas powered heaters, a controlled fire is used in proximity to a heat exchanger capable of handling high temperature. In the case of electric water heaters, a resistive element is used in proximity or immersed in the medium. These units have efficiency ratings (EF) that vary from about .67 to .95, where 1 is the theoretical maximum representing 'unity.' In other words, if your unit has an EF of 1 and is a unit utilizing a single 'direct' energy source, then the unit is operating at theoretical maximum efficiency. Other tangible losses, usually relating to usage patterns are more difficult to quantify and we would only require considering them when discussing heaters that require storage capacity. If this is the case, then we must ask why certain water heaters have claims of an efficiency rating (EF) greater than 1 or 'unity.'"

To answer this question, Mr. Simoneau continued by saying, "In addition to these aforementioned technologies, a number of water heaters, which I will refer to as 'bi-energy,' have also been introduced into the marketplace. These models utilize a primary source of energy, such as electricity, and a secondary, such as solar or ambient air heat extraction (heat pump). These models are rated at efficiency rating (EF) levels that surpass 'unity' ranging from approximately EF 1.2 to EF 2.2 inferring that they are inherently more efficient than 'direct consumption' models. In actual fact, the 'extra' EF of .2 to 1.2 is energy that is being consumed from an alternate source and the larger EF number does not relate to any increased efficiency in consumption of the primary power source. In the case of a heat pump, this can be quite important since water heaters are often installed indoors. Understandably, if the heat being extracted from ambient air is being generated by an HVAC system, then the actual 'cost' or burden of this energy is attributed to the HVAC system and not added to the water heaters' consumption, something not readily apparent and not qualified in the stated EF figure. Consumers should determine whether their total cost of energy consumption is important or if they prefer enjoying a reduction in the cost of water heating whilst experiencing an increase in the cost of heating their home and possibly a net increase in the overall cost of energy consumption."

Mr. Simoneau went on to say, "Something that is also common to both solar and heat pump water heaters is the requirement of a storage tank and the often lengthy recovery times, hence proper sizing is paramount. However, allowing for proper sizing is acknowledging that a compromise needs to be made between storage capacity and desired use. In other words, if you design a system to never run out of hot water, then you are, by definition, heating water that remains unused. This loss of energy is also not always considered when examining the efficiency rating (EF) levels or EF claims by their manufacturer. Why is this important? It is imperative that we all recognize that no form of energy is 'free' and that the method of comparing water heaters in order to obtain 'apples to apples' data is desirable but not easily ascertained."

Mr. Simoneau suggested that one of the most important factors to consider when comparing water heaters is the overall efficiency. For example, the ability to convert the energy medium consumed into actual heated water. The minimum efficiency rating as required in order to obtain Energy Star Qualification varies depending upon fuel type, technology and configuration. In the case of gas water heaters, a minimum EF of .67 for storage and a minimum of .82 for tank-less is required (source: http://oee.nrcan.gc.ca/publications/infosource/pub/home/14553). For the sake of comparison, an electric storage tank will range from efficiency rating (EF) of .9 to an EF of .95 (source: http://www.aceee.org/consumer/water-heating). Clearly these examples as cited have not achieved the theoretical maximum of "unity" and demonstrate the existence of inherent energy losses and inefficiencies.

To sum-up Mr. Simoneau stated, "When initial tests were performed using Wanderport's single cavity microwave water heater (a first generation functioning test unit), we calculated an efficiency comparing favourably to the high-end of the most efficient electric storage models. The SCMHU was designed for characterization and this data led us to develop the multi-cavity microwave water heating unit (Wanderport's second generation functioning unit). Conversely, the results from the MCMHU are expected to be at the very highest level of efficiency of any direct consumption or tank-less technology available, while permitting increased flow rates and delta T's (temperature change) suitable to be employed outside the laboratory environment in a variety of applications. For this, slow yet steady progress from theory and ideas to tangible and practical has been made and we have every reason to be excited about this accomplishment. I join Wanderport's management and shareholders in anticipation of Wanderport announcing the name of the external laboratory recognized as a leader in HVAC on or before October 18th, 2012. This facility is performing a multitude of efficiency tests on the MCMHU where the results will be made public. The coming weeks will produce what I expect will arouse industry recognition and the eventual acceptance of our microwave heating technology as the new efficiency standard in on-demand electric water heating for the 21st Century."

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) 533-4801Like us on: Facebook.com/wanderportcorporation Follow us on Twitter.com/wanderportcorp

SOURCE Wanderport Corp.

Wednesday, September 5, 2012

Wanderport DTC Chill Lifted

NEWS FLASH !!
WANDERPORT CORPORATION ISSUES A STATEMENT CONCERNING THE REMOVAL OF DTC "CHILL"

SUBJECT: WANDERPORT CORPORATION AND DTCC < The Depository Trust & Clearing Company (DTC) "CHILL " >

For those of you who have had difficulty depositing, transferring or trading shares of Wanderport Corporation due to the Depository Trust Company (DTC) "Chill", we are in receipt and have reviewed a recent activity transaction journal supplied by our transfer agent (Issuer Direct Transfer, LLC), which now confirms DTC's decision to accept share deposits and transfers into street name. For further information, please refer to your individual brokers concerning their respective policy modifications due to the lifting of the DTC "Chill". Please note that individual brokerage firms may reserve the right not to modify their current internal policies to reflect this resolution in Wanderport's favor. There will NOT be a subsequent news release pertaining to this matter's resolution as this news flash constitutes the company's official position. Wanderport expects to make modifications to the company's outstanding share count to reflect the true DTC position, which will be provided by DTC and expected by our transfer agent in the near future. Quarterly Financial Statement and Disclosure updates will reflect these changes according to the quarter in which DTC's position is received. Financial information and disclosure statements are available at WWW.OTCMARKETS.COM or Wanderport's Website and blog: WWW.WANDERPORTCORPORATION.NET 



Wanderport Corporation
10903 Rushwood Way
Clermont, Florida
34714 USA
www.wanderportcorporation.net
Email: andrew@wanderportcorporation.net or info@wanderportcorporation.net
Tel: (352) 533-4801
Fax: (352) 358-4053

IMPORTANT WARNING:
The information in this email (including attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. Sec. 2510-2521 is confidential and may be legally privileged and is the property of the sender. It is intended solely for the addressee and is non-transferable unless authorized by the sender. Access to this email by any other party is unauthorized and strictly prohibited.  If you are not the intended recipient, you are hereby notified that any retention, disclosure, copying,  dissemination, distribution or any action taken or omitted to be taken in reliance on it, is prohibited and may be unlawful.  If you have received this communication in error, please immediately notify the sender by return e-mail or telephone (352) 533-4801 and delete the original message from your system. Wanderport Corporation does not accept any responsibility or liability for any loss or damage caused by any virus transmitted by this e-mail, consequential or economic, and whether by negligence or otherwise arising directly or indirectly from the interception of this e-mail message by any person or entity other than the intended recipient. This email is not a solicitation to buy or sell any securities.

Tuesday, August 28, 2012

WDRP and Education Savings Accounts (Revisited)

This past year my wife and I adopted a little baby boy.  In this same amount of time I realized two things.  First, was just how much more my life could be fulfilled.  Second, I realized I have to start saving for college!  A few investing mantras came to mind: "Start early!", "Take advantage of the time value of money" and most important, "Buy low and sell high".  With the cost of higher education growing at an average rate of 6%, a public university education could be over $200,000.00, so I better get started.

529 Plans are a very good option because they work similar to a normal 401k, where you have a fund manager who provides possibilities to invest.  If you do not have the time to pick investments yourself they often have models to use also, which are extremely helpful.  Another similarity to the 401k is that you are locked into the investments that are in your specific 529 Plan with that manager.  This isn't a bad thing and it is great if you have a good money manager in charge of your plan.  However, using the 529 Plan option, you do not have the whole market to work with.

Education Savings Accounts (ESA's) are another great option that you can take advantage of.  I found that Scottrade has one as I am sure most trading platforms do.  Each year you are able to contribute up to $2,000 in an ESA, which will grow tax free until you need to take the money out for educational needs.  Keep in mind, there will be a penalty if you take distributions from tax free growth and do not use it for education.  So the goal of the money you invest in this plan is to use it for educational purposes. 

We know the 529 Plan has its own investment options, so lets talk about of using your ESA contribution of $2000 for this year to purchase WDRP shares.  Right now, the current WDRP price per share (pps)  is .017, you would be able to purchase a little more than 115,000 shares.  If WDRP went up to .05, which I think is very possible, your money would then be $5,750.  If in the next few months WDRP announces that they have a Microwave Tankless Water Heater (MTWH) to sell and we start seeing production, this could go to .30 pps very quickly.  That would be $34,500.  If in the next year or two WDRP is selling the water heater internationally and also coming out with any other products and uses for this technology, then this could be 1 to 2 dollars.  In that scenario your $2,000 investment would have quite a head start in paying for your child's education.

For my son's ESA I put $2000 in and bought 289,300 shares at $.005, for just over $1,400.00 and then two other positions that are more conservative. With the pps at .017 his Wanderport holding is worth $4,918.00. Already some nice growth.

Keep in mind both ESA and the 529 Plans can be used for any kind of education. Not only university, but pre-schools up through university or trade schools are acceptable ways to use this money and not pay a penalty.

One idea I like and hopefully will be able to take advantage of is to buy a house in the area your child goes to school, then when you pay for the Room & Board, it is a check you are writing to you!

There are rules and restrictions using the money for non education needs which penalize the distribution by around 10%, so you will want to be sure you are using the money correctly for education.

Both ESA and 529 Plans are transferable if the child designated doesn't use all or any of the money. I believe an ESA has some different, more stringent age restrictions for transferal than a 529 plan, so you should educate your self on the differences and choose the one that fits your needs best.
It is never too late to start saving for education.  Good luck!


Because of the possibilities of share price growth, I believe you could save a lot of money towards your child's education with this idea.  I am not your financial advisor, and this general discussion is not meant to be investment advice.  Use this information to talk with a professional advisor who knows your financial situation and can give you specific advice based on that. 


Friday, August 24, 2012

Should I Buy WDRP in a Cash Acct., IRA or Roth IRA

I am reposting this exerpt from September of last year. You cannot start tax planning too soon and as of right now, there is a lot of uncertainty as to what the tax situation will be like next year. Keep in mind, I am not a tax advisor. Do not make decisions based solely on my writings. Please do your own due diligence. I hope this helps.

Originally written September of 2011, modified slightly for August 2012:

We have no idea where the price per share (pps) of Wanderport Corp. (WDRP) is going to go.  In my opinion, it will not be at .02 for long.  From the rumblings out of Investor Relations, we have a working unit and the efficiency numbers could be released soon with a marketing campaign to follow. Last year the stock reached an all time high of around .07 cents pps, so if we get the right news the pps could go up to 07-10 cents quickly.  From there, over the next year or two, if Wanderport introduces their many different products and turns into a bonafied manufacturer of appliances to the mass public, we have no idea how high the pps will go.  My reason for bringing this up is that I believe there is an opportunity for a lot of money to be made, which definitely calls for tax planning with your tax advisor.  How long you own your shares and what kind of account you hold them in are two important things to think about.

Ask yourself, how you want to be taxed upon selling your shares? 

Long Term and Short Term Capital Gains in a cash (taxable) account are determined by how long you owned the shares before you sold them.  Should you sell within a year of buying the stock you will pay short term capital gains, which are your normal tax rate.  If you hold this for over a year then the long term capital gains rate is 15%. (in 2013 that long term rate goes up to 20%)  That one is pretty easy.

Deciding what kind of account you hold your shares in is important:

If you buy the shares in a Roth IRA you have used money that is already taxed.  The benefit is that when you are 59 1/2, you get to take distributions out tax free.  (If you are under 50, your Roth IRA contribution is lower than if you are over age 50.  So check with your accountant or financial advisor to make sure what is right for you.)  If you do this, don't plan on taking a distribution from this account until you are at least 59 1/2.  An example of this would be: Buy 75,000 shares, at .02 cents per share this would be a Roth IRA contribution of $1500.  If in the future this share price went from three cents (.02) to fifty cents (.50) your $1500 or 75,000 shares would now be $37,500.00.  You would now have $36,000in gains which would be a tax free distribution at the proper age (59 1/2). 

If you have been buying these shares in a Traditional IRA, you have the option of converting that Traditional IRA to a Roth IRA (Roth Conversion).  Your Traditional IRA money has not been taxed yet.  Whether you have your own Traditional IRA or you rolled over money from a 401k from a past employer, this money was put into the account tax free, and it grows tax free.  However, when you reach  59 1/2 and can start distributions, this money will be taxed at the proper tax rate for your income level. 

Should you do the Roth Conversion, your $1500 contribution from our last example, would be taxed this year at your current tax rate. (to be figured in your taxes at the end of the year)  Let's use a tax rate of 33% to make it easy.  That would be $500 dollars in taxes you would pay now.  No matter what the share price goes to this year, you pay the taxes on the amount your account was worth when you did the conversion, or again, for our example $500.  Now, lets imagine everything goes great with the company and the share price goes to fifty cents.  Your Seventy Five Thousand shares would now be worth $37,500.00.  Having done the conversion, you would have paid taxes on the original contribution $1,500, which was $500 and you can now take the money out tax free upon retirement.  If your money was in a traditional IRA and we used the same situation, the tax on your $36,000.00 in gains at a generic 14% tax rate would be taxed around $5,040.00.  In this hypothetical situation, you would save about $4,540.00 by Converting your Traditional IRA to a Roth.

Because of the possibilities of share price growth, I believe you could save a lot of money with the proper tax knowledge.  I am not a tax advisor, and this general discussion is not meant to be tax advice.  Use this information to talk with a professional tax advisor who knows your financial situation and can give you specific tax advice based on that.

Wednesday, August 15, 2012

Wanderport Joins Social Media, Facebook and Twitter

You can follow Wanderport on Facebook and Twitter now.

Get updates and ask questions on Facebook and find out what happens, when it happens, with Twitter!


Follow Wanderport on Facebook at: facebook.com/wanderportcorporation

Follow Wanderport on Twitter at: Wanderport@wanderportcorp




Thursday, July 19, 2012

Wanderport Successfully Completes "First of its Kind" Eco-Friendly Microwave Energy Tank-less Water Heater

Wanderport Corp. (OTC Markets-PINKSHEETS: "WDRP") today confirms the successful completion of its microwave energy tank-less water heater functioning with its proprietary, revolutionary microwave heat-engine technology.  According to the company, the unit, better known as the multi-cavity microwave heating unit (MCMHU), is Wanderport's immensely improved second generation test unit believed to be the "first of its kind" worldwide. The MCMHU has recently undergone successful water flow tests at municipal pressure levels and is equipped with a unique and improved heat exchanger design. The MCMHU utilizes customized water cooled magnetrons and adapted transformers to optimize performance efficiency in contrast to existing water heater technologies. Wanderport is delighted to confirm the electrical functionality of the MCMHU and certifies the unit's capacity to heat water substantially and economically using microwave energy or radio-frequency in place of traditional heat elements and thermal transfer. Recent adjustments and performance trials flowing water through the electrically operating MCMHU have given Wanderport renewed reason to believe their innovative heat engine technology can be a leader in the aforementioned tank-less and storage tank water heating marketplace.  "After firing-up the microwave water heater, I am overjoyed to validate an operating unit, which I believe performs exceedingly efficiently and is a first in water heating engineering. Moreover, based on my assessments, I am still of the opinion that the heat engine technology can be utilized and fabricated in a most cost-effective and affordable manner to allow for a reasonable retail price tag depending on the chosen water heating application or solution", said Mr. Robert Simoneau, Wanderport Corporation's Technical Advisor and Product Licensor. "Running the unit was similar to using my own hot water faucet in my kitchen. The water temperature became unbearable when I left my hand in the hot running water for more than a few seconds," further exclaimed Mr. Simoneau.  Wanderport expects to report preliminary, informal efficiency results from analysis currently underway, as well as, the name of the chosen third party laboratory, whose results will support and corroborate the accuracy of the company's preliminary informal efficiency claims.  "Once third party laboratory results are supplied and our informal "in-house" test results our authenticated, we will resume negotiations with a few distinguished manufacturers in order to establish a strategic alliance to produce and market our water heating solutions", said Mr. Richard Martel, Wanderport's President and CEO. "I am thrilled to finally confirm the functionality of our new and innovative water heating application and in actual fact, while the bulk of our research and development is concluded, we are that much closer to establishing Wanderport's heat engine as the new and preferred alternative in water heating solutions globally," continued CEO Richard Martel. 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 SOURCE Wanderport Corp. Back to top RELATED LINKS http://www.wanderportcorporation.net PR Newswire (http://s.tt/1imm6)

Monday, June 18, 2012

Conversation With Richard Martel, President & CEO of Wanderport Corporation

For over three years now, I have been following Wanderport Corporation and their endeavor to produce a Multi Cavity Microwave Heating Unit or MCMHU. In that time I have had many conversations with Andrew, the Investor Relations Manager. Last October I was able to go to Vermont for the Q&A meeting with Robert Simoneau the Inventor/Product Licensor who gave a presentation on the MCMHU. In my quest for new and useful information to post on this blog, I have decided to ask some questions of the man who will be moving the company forward once the MCMHU is completed: Richard Martel.

What follows is my email interview with Richard; I hope you find it informative.

1. What is your past executive experience?

After over 30 year’s business experience in investments and insurance, I had distinguished myself as the compliance officer for a major insurance company in the province of Ontario from 1997 to 2003. I also have a real-estate servicing business.

2. How did your relationship with Wanderport begin?

Being a dual citizen I have also lived in Florida, it was there that I was developing my real-estate investment service business but I kept an eye out for companies who develop proprietary eco-friendly green technologies. My business and compliance background were compelling enough for Wanderport’s management to offer me the grandiose opportunity to navigate Wanderport through its developmental stage and eventually reap the benefits of marketing and introducing Wanderport’s revolutionary product to an archaic water heater industry. After much consideration I quickly realized the enormous revenue potential Wanderport could achieve, so I accepted the offer.

3. What are you most excited about in the future for Wanderport?

I am most excited for the chance to create enormous revenue with our product but I think the next milestone for Wanderport is to demonstrate how prolific and efficient the heat engine technology and/or water heater is with our proven efficiency numbers in hand. This will definitely provide the premise and leverage for renewed negotiations with a few of the water heating industry's largest and most reputable manufacturers. Considering the present positioning of the company, renewed awareness in our company and market credibility is a prime objective on our way to productivity.

4. Will there be another chance for shareholders to go to a Finished Product Roll-Out?

To market the product, we would be pleased to attend trade shows and to entertain an eventual general meeting for prospective customers and shareholders to attend. A YouTube video link on our website (www.wanderportcorporation.net) demonstrating a working unit could also be considered. If properly marketed, I wouldn’t be surprised if it went viral due to the public’s enormous anticipation.

5. Can you talk about Wanderport’s plan for raising money to grow the business, once the finished product is revealed?

We are not considering dilution for the moment, however; a working prototype with proven efficiency numbers and subsequent production will bring lucrative growth opportunities, which we will explore to their maximum. They may involve seeking funding opportunities. For that purpose, I would prefer working with our eventual strategic manufacturing partner but being a public company also hands us the luxury of turning to venture capitalist, as well as private investment in public equity (PIPE).

6. Without being specific, what part of the process of getting the MCMHU to market are you focusing on most right now?

Production and revenues are the main objective. However, we are required to assist and provide Mr. Robert Simoneau (Technical Advisor and Product Licensor) the necessary tools to complete the testing process and to obtain third party lab efficiency results for the heat engine technology and microwave water heater. Once completed, negotiations with manufacturing and sublicensing partners will take place thus, rendering production and revenues more likely.


I very much appreciate Mr. Martel taking the time to answer my questions. As always because of the responses by Mr. Martel, representing the company, we have the obligatory disclaimers below. Enjoy!


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