SOURCE: WENR Corporation

November 13, 2007 06:15 ET

WENR Signs Letter of Intent With Airship Surveillance

LOS ANGELES, CA--(Marketwire - November 13, 2007) - WENR Corp. (PINKSHEETS: WNRC) announced today that it signed a binding letter of intent for the "marketing rights" of Airship Surveillance LTD. (http://airshipsurveillance.com/) The terms were not disclosed.

The principles of Airship Surveillance have a total of over 45 years combined experience in the fields of airship design, development, certification and operations. The team has developed an advanced series of unmanned airships that are capable of impressive performance while at the same time being simple and economic to operate and support. The result is the LASSOE series of three airships designed to provide a wide range of mission capabilities.

These airships can be equipped with a variety of sensors and analytical systems as well as transmitters and receivers for a range of uses -- civilian, government (e.g. traffic monitoring), military (e.g. mine detection) and scientific research. Compared to helicopters and aircraft, airships have a significant operational cost advantage where persistent monitoring is required, and compared with satellites; airships offer real-time and more precise monitoring of areas of interest. Airships also have advantages for several applications because of their low noise and vibration levels.

Unmanned airships are increasingly being used for various applications. The potential applications include: border patrol, homeland security, coastal waters patrol, urban surveillance, remote wide area surveillance, battlefield surveillance, wildfire detection & prevention, communication relay, resources management, environmental monitoring and scientific research.

WENR Corporation is a holding company that seeks to acquire marketing rights in technology, Internet and pro-environmental companies. It 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 Corp.
    Dan Green
    310.410.4410