SOURCE: WENR Corporation

July 07, 2010 08:15 ET

WENR Corporation Announces Broadcast of KRRI-25

SALT LAKE CITY, UT--(Marketwire - July 7, 2010) -  WENR Corp. (PINKSHEETS: WNRC) is pleased to announce the broadcast of the Azteca America network for the Reno and Carson City markets on KRRI-25. Ngensolutions LLC entered into an agreement whereby Channel KRRI-25 would be an affiliate for Azteca America in the Reno and Carson City markets. Ngensolutions, which signed a LOI to be acquired by WENR, launched the network broadcast locally.

Ngensolutions will sell advertising in the Reno market through its existing sales force located in Reno, Nevada. Ngensolutions is in the process of negotiating with Charter Communications, the local cable company in the Reno area, to distribute KRRI-25 on the "Basic-Plus" line-up. This will generate carriage fees and advertising to WENR through Ngensolutions.

KRRI-25 is owned and licensed to Ngensolutions LLC, a Nevada limited liability company. WENR Corporation signed a letter of intent to acquire Ngensolutions. The Company expects to close on Ngensolutions in August. The Board of Directors approved the purchase of Ngensolutions during its meeting on June 21st.

About Azteca America:

Azteca International Corporation operates in the United States a Spanish-language television network known as "Azteca America Network." Azteca America is the fastest growing Hispanic television network in the United States. Less than eight years since its launch, Azteca America offers 89% national coverage to the US Hispanic population and continues to grow.

About WENR:

WENR is a holding company, which directly owns or owns marketing rights in various growth stage companies. WENR 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.

Contact Information

  • Contact:
    WENR Corporation
    Dan Green