Wanderport Annual Report Excerpt 2

Here is another excerpt from the Wanderport Annual Report:

Competition, Competitive Advantage and Value Propositions
Our competitive threats come from companies that offer and perform similar types of products and services if any, as well as old established technology generated from fossil fuels. We believe potential customers will chose our solutions based on the following criteria:

• Wanderport estimates a savings in energy costs in the vicinity of 30% over other electric storage or tank-less water heating solutions and a definite savings compared to the cost of operating a gas tank less water heater systems.
• State of the art engineering and design
• No scaling and less repairs or part replacement due to the manufacturing and technological advancement in eliminating troublesome component replacements such as: sacrificial anodes, and elements
• It only heats water when it is needed.
• Substantially reduces risk of scalding injuries to children and elderly
• Maintains efficiency throughout its service life
• Long service life
• Economically priced
• Conserves clean drinking water
• Space-savings and designed to fit almost any location (Great for under the counter installation and fits almost anywhere)
• Supply endless streams of clean, hot water to multiple appliances simultaneously, without any fluctuation in temperature
• Unlike most brands, the Wanderport tank-less water heater constantly monitors the incoming water temperature and flow rate and modulates microwave power to precise on demand water temperature as selected by the user for unsurpassed temperature control
• Low Flow Modulating Activation - Do not need to turn water on completely to activate water heating while the unit self modulates to control energy use
• Easy and less expensive installation as all water connections provided and product can be mounted & powered without opening the unit
• The upfront costs and total lifetime costs of Wanderport's microwave energy tank-less water heater will be far less than other tank-less products
• Performance and efficiency requiring less energy consumption to generate the same quantity of hot water
• Customer service and support
• Aggressive Pricing
• Technical Patent applications through Licensor

To read the whole Annual Report follow the link below:

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=73970