WENR Corporation Announces Year-End Update
21 December 2010 - 11:15PM
Marketwired
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: WENR Corporation Dan Green 435-709-8350
www.wenr.net
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