January 03, 2008 06:15 ET
WENR Corporation Announces Airship Surveillance Status
LOS ANGELES, CA--(Marketwire - January 3, 2008) - WENR Corp. (PINKSHEETS: WNRC) -- The
Company would like to provide a status report of Airship Surveillance
developments to its shareholders.
Our team has spent the last few months aligning WENR for growth. We have
made significant efforts to move our company forward by developing
marketing contracts. One of the most exciting areas of our business is
Airship Surveillance. I want to take this time to update you on our vision
and our shared success.
Airship Surveillance has experience in the fields of airship design,
development, certification and operations. Its team has developed an
advanced series of unmanned airships that are capable of impressive
performance while at the same time being simple and economic to operate and
support. These airships can be equipped with a variety of sensors and
analytical systems as well as transmitters and receivers for a range of
uses.
Airship Surveillance:
-- Is negotiating the purchase of an existing airship. The existing
airship will be refitted and used for demonstration and training purposes.
Details will be made public in the near future.
-- Selection of the site for a hangar for its demonstration model has
been made. The company is in discussion with local building officials to
rezone the preferred location.
-- Continues to create facilities to support its development program.
This includes the recent securing of engineering facilities to manufacture
and assemble aircraft components.
-- Facilitated discussions with a number of providers of instruments and
surveillance systems for the airships to market jointly a finished product.
-- Opened dialogues with various potential end users regarding uses for
its airships. Details will be released as negotiations mature.
WENR Corporation has pursued numerous business opportunities with other
existing concerns. Its goal is to provide management assistance to
companies by acquiring marketing rights. As each of its partners develops,
the Company will share in the revenue or profits with its partners. WENR is
in discussions with other concerns to enter into additional marketing
arrangements.
WENR Corporation is a holding company, which seeks to acquire marketing
rights in technology, Internet and pro-environmental companies. It provides
senior management assistance and secures working capital for marketing
development.
The foregoing contains forward-looking information within the meaning of
The Private Securities Litigation Act of 1995. Such forward-looking
statements involve certain risks and uncertainties. The actual results may
differ materially from such forward-looking statements. The company does
not undertake to publicly update or revise its forward-looking statements
even if experience or future changes make it clear that any projected
results (expressed or implied) will not be realized.