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WENR Corporation Announces Television Channel Lease

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  Published in Business and Finance on Tuesday, December 1st 2009 at 4:36 GMT by Market Wire
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SALT LAKE CITY, UT--(Marketwire - December 1, 2009) - WENR Corp. (PINKSHEETS: [ WNRC ]) is pleased to announce it has consummated an agreement to lease KELM-43 LP from Ngensolutions, LLC. WENR will operate Channel 43 in Reno, Nevada, develop content and sell advertising. WENR will pay a monthly fee to Ngensolutions. WENR will own all rights to the content it develops. Terms were not disclosed.

Under requirements of the FCC Ngensolutions/WENR is required to begin broadcasting by the end of March.

"We are pleased to be able to move forward into a new direction with the Company," said Dan Green, the Company's CEO. "The Company was delayed in finalizing the agreement because of FCC requirements," he further said.

The Company is developing a financial oriented network with a focus on small-cap, bulletin board and pink sheet companies. The format initially will be a profile of small-cap companies using their own promotional footage with in-studio interviews. The Company plans to develop the base of operations in Nevada. The Company will be able to operate from various locations and distribute from Reno with the use of low-cost data lines and over the Internet.

The Company has interest from numerous cable operators to broadcast the KELM programming nationally on their respective basic line-ups. This will be at no cost to the Company. Further the cable operators will sell advertising, which will be shared with the Company.

Dan Green, President and CEO of WENR, is also a member of Ngensolutions, LLC.

About WENR:

WENR is a holding company, which directly owns or owns marketing rights in various growth stage companies. WENR provides senior management assistance and secures working capital for marketing development ([ www.wenr.net ]).

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.