Wanderport Corporation Undertakes New Economic and Administrative Initiatives

LOS ANGELES--(BUSINESS WIRE)--Wanderport Corporation (Pink Sheets: WDRP) has today disseminated its investment in a new oil and gas project. The President of the Wanderport Corporation has decided to pursue other endeavors and the successful completion of this enterprise is his primary intention. The President stated that “Our objective is to expand into profitable oil and gas markets and to establish the Company as a paramount actor in the industry.”

With the unsuccessful end to the negotiations between the Company and a major European Telecom Company for the 2.0 version of its interactive internet software suite, the Wanderport Corporation is looking to expand into the domain of oil and gas.

In addition to the venture into the oil and gas markets, the Company is simultaneously searching to identify potential candidates for Directorial positions. These additional Directors must possess expertise in project management and exhibit experience in the oil and gas fields. Their purpose is to ensure the successful completion of this project and assist in securing additional investments from other financial institutions in the near future.

In order to avoid any confusion or misunderstanding regarding the Company name Wanderport Corporation, management wants to inform shareholders and the public that our Company has no liens nor has had any relations or affiliations with the Company Wanderport Communications and Media and Wanderport Wireless Inc.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Wanderport Corporation
Adam Madisson, (514) 561-6554