NEW YORK, July 19, 2012 /PRNewswire/ -- 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.