SOURCE: WanderPort Corporation

November 11, 2009 09:00 ET

Gold Phoenix Technologies Ltd. to Manufacture Wanderport's Microwave Energy Tankless Water Heater

NEW YORK, NY--(Marketwire - November 11, 2009) - Wanderport Corp. (PINKSHEETS: WDRP) today announced that it has received a written confirmation by Gold Phoenix Technologies Ltd. to manufacture and facilitate circuit board production for Wanderport's microwave energy tankless water heater.

Gold Phoenix Technologies Ltd., located in the Wuhan Dong Hui Industry Zone Hubei region of the People's Republic of China specializes in manufacturing advanced printed circuit boards (PCB's) and electronic assemblies. They are renowned for their quality work and play a huge role in supplying circuit board assemblies to China's military.

"Wanderport's circuitry production agreement with Gold Phoenix Technologies Ltd. provides us with an enormous growth opportunity considering the microwave energy water heater's unique proprietary engineering and the massive size of the worldwide water heater market. We believe it will revolutionize the industry standard and we are very pleased to be involved in the product launch," said John Boucher, Operations Officer at Gold Phoenix Technologies Ltd.

Pursuant to a recent factory visit by Robert Simoneau, Head of Wanderport's Technological Research and Development, Mr. Simoneau stated that, "Wanderport is now capable to undertake future supply commitments resulting from its agreement with Golden Phoenix since they are now a key supplier offering high quality circuitry at reasonable prices without the risk of compromising intellectual property."

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. 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.

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