SOURCE: WENR Corporation

December 21, 2010 07:15 ET

WENR Corporation Announces Year-End Update

RENO, NV--(Marketwire - December 21, 2010) - WENR Corporation, (PINKSHEETS: WNRC) would like to update the shareholders of its current activities. Additional information can be found on its website www.wenr.net.

Ngensolutions LLC

  • KRRI is now being carried on the local cable system in Reno, Nevada. It is on the expanded basic and digital line-up, channel 238. It is the local affiliate for Azteca America a Spanish language television network.

  • KRRI will begin to generate advertising revenue at the end of the month when the cable company begins inserting commercials at Ngensolutions' location. The revenue to Ngensolutions will come from a split of ad sales with the cable company.

  • KRRI has launched local programming for the Reno area. The first being developed is a children show featuring local elementary students. The second is a soccer league where players discuss upcoming games and show past video footage.

  • Ngensolutions has signed a retail sales agreement with the local cable company. The Company can generate as much as $150 from new cable subscribers. By providing local programming, the Company will drive additional cable customers, interested in viewing these programs exclusively on Azteca and cable. 

  • Ngensolutions has signed an affiliation agreement with Mexicanal, a regional Mexican programming service provider. Under the agreement Mexicanal will provide marketing capital to Ngensolutions.

  • Ngensolutions has moved the KXTO-AM 1550 Radio Station to its new studio.

  • Ngensolutions has signed an agreement to operate a "Smooth Jazz" station in Reno. The Company will sell ad space and have an option to purchase the license.

  • Ngensolutions is pleased to announce its new programming director, Steve Halliwell. Steve brings over 25 years experience in the production of television programming. He has worked for affiliates of Fox and other networks.

  • Ngensolutions has hired on-air television and radio personalities.

  • Ngensolutions anticipates advertising revenue from cable, radio and broadcast to cover all its operating costs.

  • Ngensolutions hosted an "Open House" of its television studio in Reno, Nevada, on November 12th. Executives from Azteca America were in attendance. Other local dignitaries also enjoyed the festivities.

Ngensolutions is a media company with interests in radio and television properties located in Reno, Nevada. Ngensolutions is the owner-operator of KRRI-LP Channel 25 and KELM-LP Channel 43 television stations. Ngensolutions also owns an interest in KXTO-AM 1550 Radio, which is broadcasting and generating revenue.

Satview Broadband Ltd.

  • Satview has continued its operations in: Topaz Lake, NV; Jackpot, NV; Wells, NV; Fillmore, UT and Delta, UT. Operations continue to be profitable.

  • Satview expects to close with Baja at the end of the year. This cable system will immediately generate revenue for Satview.

  • Satview will continue to explore for additional acquisitions.

Satview has been in operations for nine years and is headquartered in Reno, Nevada. Satview holds franchise systems in markets in Nevada and Utah. It provides cable television and is an Internet provider. 

About WENR Corporation
WENR Corporation is a media holding company, which has two wholly owned subsidiaries, Satview Broadband Ltd., and Ngensolutions LLC.

Disclaimer
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 any projected results (expressed or implied) will not be realized.

Contact Information

  • Contact:
    WENR Corporation
    Dan Green
    435-709-8350
    www.wenr.net