SOURCE: WanderPort Corporation

December 27, 2010 15:30 ET

Wanderport Corporation Issues a Clarification and Retraction of a Statement From the News Release of December 21st, 2010

NEW YORK, NY--(Marketwire - December 27, 2010) - Wanderport Corp. (PINKSHEETS: WDRP) today issued a clarification and retraction of a statement from the news release of December 21st, 2010 titled "Wanderport Corporation Successfully Determines Heat Exchanger Dimensions and Parameters."

Due to a misunderstanding, Wanderport Corporation retracts the following statement:

"As a result of analysis by Design 1st Inc. (following the recently signed engineering agreement with Wanderport), the company has been characterizing and optimizing efficiency parameters of the unit's heat exchanger (second patent application) in relation to a multitude of variations caused by flowing water (dynamic environment) within the heat exchanger chamber. According to the company, Design 1st Inc. has now successfully identified the outer parameter of the heat exchanger by removing its excess extremities not reached by the microwave energy. These dimensions provide the optimal design for maximum energy absorption within the unit's heat exchanger, which is considered to be the key driving component for the innovative unit's performance efficiency."

Wanderport Corporation replaces the aforementioned retracted statement with the following:

"Mr. Robert Simoneau, Head Technical Advisor to Wanderport and Product Licensor, in concert with the company's design resources has been characterizing and optimizing efficiency parameters of the unit's heat exchanger (second patent application) in relation to a multitude of variations caused by flowing water (dynamic environment) within the heat exchanger chamber. With the use of three dimensional thermal images of microwave energy absorption within water, Mr. Simoneau believes he has now successfully identified the outer parameter of the heat exchanger by removing its excess extremities not reached by the microwave energy. These dimensions provide the optimal design for maximum energy absorption within the unit's heat exchanger considered to be the key driving component for the innovative unit's performance efficiency."

Wanderport Corporation hopes this retraction clarifies any confusion or misunderstanding.

About Wanderport Corporation: Wanderport Corporation is a holding and business development company making investments, acquiring licenses and deployment of environmentally friendly "Green" technologies such as, primary alternative, renewable energy and energy saving products namely Pulsar's microwave energy tank-less water heater, which reduces water and energy consumption as well as global dependence on oil. Pulsar Advanced Technologies Inc. was the proud recipient of the 2005 TIPTA award (TCA; Toronto Construction Association, Innovative Product and Technology Award), recognizing excellence in product innovation and technology development for the microwave energy tank-less water heater.

Important Information About Forward-Looking Statements: 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.

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