SOURCE: WanderPort Corporation

June 09, 2009 08:00 ET

Wanderport Signs Definitive Agreement With Winstock Ecovia International to Participate in the Launch of the Newest Chinese "Ecovia" Electric Vehicle

NEW YORK, NY--(Marketwire - June 9, 2009) - Wanderport Corp. (PINKSHEETS: WDRP) announced the signing of a definitive agreement with privately held Winstock Ecovia International to participate in the ownership and in the launch of the newest Chinese "Ecovia" Electric Vehicle.

According to the company, Wanderport will participate in the ownership of Winstock Ecovia and provide management to help in the deployment of the newest Chinese Electric Vehicle code named "Ecovia." The company expects to close the definitive agreement on or before June 18, 2009.

"We are one step closer to being part of the auto industry revolution and join the likes of Berkshire in the ownership of leading Chinese Electric Vehicle manufacturer," said Barry Somervail, President of Wanderport. "Our deal may not be as rich as the $230 million investment made by Warren Buffet, but our ownership and participation in the launch of this great electric vehicle sensation will truly create sustainable value for our shareholders for many years to come."

About Wanderport Corp.

Wanderport Corporation is a holding and business development company specializing in the investment and deployment of environmentally friendly technology. The areas of interest are primary, alternative renewable energy, energy saving, and products, which held reduce America's dependence to foreign oil such as electric vehicles.

Forward-looking Statement:

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.

Contact Information

  • For more info, contact:
    Spoke Investor Relations Services
    WDRP@Spoke-IR.com
    +1 (647) 351-7477 (SIRS)