Stocks & Investing
Stocks and Investing
Stocks and Investing
Thu, July 23, 2009
Wed, July 22, 2009 Wanderport Corporation: Wanderport Signs a Definitive Agreement to Acquire the Exclusive Rights to Pulsar Revolutionary Water H
NEW YORK, NY--(Marketwire - July 22, 2009) - Wanderport Corp. (
Wanderport's substantial investment to acquire Pulsar's intellectual property, trademark and worldwide rights enables Wanderport to achieve the company's "Growth by Green" business model. "It is a natural synergy making Wanderport poised to become a global innovator in the billion dollar water heater industry," said Mr. Barry Somervail, President and CEO of Wanderport. Mr. Somervail continued by saying, "The acquisition is a clear indication to shareholders that Wanderport now has its own product which increases the company's financial position based on market cap, whilst potentially revolutionizing an industry with its solution that saves clean drinking water and greatly decreases energy consumption."
"I am very pleased to be working with Wanderport whose 'Green' business model will take full advantage of Pulsar's environmental benefits. I am very optimistic that our association will permit us to further develop the product and to bring to market and develop strong sales of Pulsar units locally and internationally," said Mr. Robert Simoneau, Founder of Pulsar Advanced Technologies. "Pulsar's energy efficient, continuous and on demand electric technology is based on microwave energy providing a continuous supply of heated water and fills a market niche that has not yet been converted to more efficient and environmentally friendly 'Green' tank-less methods or products," further added Mr. Simoneau.
Pulsar Advanced Technologies was the proud recipient of the 2005 TIPTA award (TCA; Toronto Construction association, Innovative Product and Technology Award), recognizing excellence in innovation in product or technology development, or its application.
About Wanderport Corporation
Wanderport Corporation is a holding and business development company specializing in the investment and deployment of environmentally friendly technology such as, primary alternative renewable energy and energy saving products like electric vehicles which reduce global dependence on oil.
Forward-looking Statement:
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.
For more information, see: [ www.wanderportcorporation.com ]
