April 28, 2008 06:30 ET

Airship Surveillance Announces Letter of Intent to Be Acquired

LAS VEGAS, NV--(Marketwire - April 28, 2008) - Airship Surveillance, Inc. is pleased to announce that it had signed a letter of intent to be acquired by WENR Corp. (PINKSHEETS: WNRC).

Paul Adams, President of Airship Surveillance, Inc., stated, "This is a significant and extremely positive development for both Airship Surveillance and, we believe, WENR Corp. Our collaboration to date has been extremely productive and this latest development will build on that success to the great benefit of the shareholders of WENR."

He continued, "The Airship Surveillance Team has made great strides through hard work, skill and dedication to our mission. We have been rewarded with interest in our products and capabilities from around the world. In the next few months, we will report on significant company progress and announce a number of major new initiatives, which will give Airship Surveillance a unique range of capabilities unmatched by any other company."

He concluded, "Looking to the future, we intend to be a key player in one of the most exciting and lucrative persistent surveillance technologies in the coming decades. By continuing to produce cutting edge, innovative products and capabilities, we will be an industry leading supplier."

About Airship Surveillance

The Company is developing a series of advanced unmanned airships designed to fulfill a wide range of roles ranging from surveillance to environmental monitoring. The company's airships are built to be robust, yet simple to operate with the twin goals of providing highly reliable airborne platforms at an affordable cost. Airship Surveillance is a strategic marketing partner with WENR Corp.

About WENR Corp.

WENR is a holding company, which seeks to acquire marketing rights in various growth stage companies. WENR provides senior management assistance, secures working capital for marketing development, and delivers tailor made campaigns.

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.

Contact Information

  • Contact:
    Paul Adams
    Airship Surveillance, Inc.