Airship Surveillance and WENR Corp. Issue Letter to Shareholders
May 01 2008 - 5:15AM
Marketwired
LOS ANGELES, CA and LAS VEGAS, NV , which has a Letter of Intent
to acquire Airship Surveillance, a Nevada-based high technology
airship company, has announced that it has issued a Letter to its
Shareholders.
Dear Shareholders,
Last week we formally announced WENR's Letter of Intent to
aquire Airship Surveillance (AirSur). For the last 20 years, WENR
has experienced some exciting times but none as exciting as the
ones we will experience in the next few years due to this
acquisition. We are completely confident that by combining the
strengths of both companies with the same goal as one company, we
will be moving exactly in the direction we need to take WENR
several steps ahead of where we are today. It gives me both great
pride and pleasure to announce to you where and how the company
will move forward.
First and foremost, AirSur is currently in discussions
concerning six potential sales opportunities. These contracts
include several L15, L5 and L2 airships which will have a value
measured in the tens of millions of dollars if all are exercised
and completed. In addition to outright sales, AirSur is also in
discussions regarding the 'wet lease' of aircraft in which it will
operate its aircraft for clients.
AirSur is also working a number of very exiting programs and
projects that will give Airship Surveillance a very significant
advantage in the unmanned aircraft and surveillance markets. AirSur
is keeping these programs confidential at this time but will
provide additional press releases as contracts and working
agreements are consummated. (Be sure to visit the web site
www.airshipsurveillance.com and sign up for the newsletter via the
link on the home page.)
Second, we are planning a "Media Day," in the Las Vegas area.
AirSur has commitments from local TV news stations that will be
covering the event. We fully expect coverage from national and
international industry media. This will give us great exposure with
making AirSur's name and products more visible to the general
public. Other forms of media will also be invited to attend this
event. Shareholders are also welcome to attend.
Finally, the foreseen growth and sales of subsequent airships
will require AirSur to possibly seek an even larger facility and
hire additional full-time staff. WENR is also looking into adding
additional members to its Board of Directors to reflect the
Company's new direction.
In closing, this exciting moment we are now in is not only a new
chapter for the Company, but a phenomenal opportunity that will
take us into a new future. We assure you that with this
acquisition, we will continue to keep the highest of standards and
the soundest of financial principles you expect and deserve in our
daily business practices. As always, our door will be open should
any of you have any questions, comments, or ideas.
Warmest Regards,
Dan Green
CEO WENR Corp.
Paul Adams
CEO Airship Surveillance
About Airship Surveillance Inc.
The company is developing a series of advanced unmanned airships
designed to fulfill a wide range of roles ranging from surveillance
to environmental monitoring. The company's airships are built to be
robust, yet simple to operate with the twin goals of providing
highly reliable airborne platforms at an affordable cost.
About WENR
WENR is a holding company, which seeks to acquire marketing
rights in various growth stage companies. WENR provides senior
management assistance, secures working capital for marketing
development, and delivers tailor made campaigns.
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: WENR Corp. Dan Green 310.410.4426
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