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WENR Corp. Announces Intent to Acquire Softorbit’s Revenue Generating Distribution Unit LOS ANGELES, September 25, 2003 (BUSINESS WIRE) – WENR Corporation (OTC: WNRC) (wenr.net), a leader within the rapidly growing Internet communications sector, Thursday announced that it has signed a letter of intent to acquire Softorbit. The transaction is expected to close by the first of December. Softorbit controls a revenue generating, extensive film and television library incorporating approximately 1,500 titles and television shows along with distribution facilities, assets and service company that supplies its content to the broadcast and entertainment industries. The content is delivered in the form of video and DVD’s, utilizing the extensive content library of Softorbit, through its existing distribution channels as well as delivering digital content distribution via the internet for Video on Demand (VOD) for Broadband Events that also incorporates shopping cart commerce capabilities to its customers. Dan Green, WENR Corporation's President, commented, "The acquisition of Softorbit's unique Film and Television catalogue and distribution company represents a significant step forward for our company and our new business strategy. This strategic acquisition is expected to expand the existing revenue of the overall company which ultimately benefits our shareholders.” "Softorbit's strength in the entertainment and distribution industry is expected to be valuable to WENR Corporation as we move ahead with our new business expansion." "We are pleased to be joining forces with a company that shares our vision for distribution and the secure streaming of content," said Michael Elliot, President and founder of Softorbit. "With WENR 's business development expertise, industry brand recognition and robust expansion strategy, we will be able to enhance and accelerate the delivery of our content library utilizing the latest technologies and solutions to our shared customer base." Bobby Roberts, WENR Corporation's newly appointed Chairman, commented, "Initiating this acquisition is testimony to the effectiveness of our organization and the vision of our company’s new and existing management team. During a very short time frame, we have joined two complimentary companies while initiating this acquisition. This is only the first revenue generating acquisition in our strategic plan to expand WENR into the entertainment, distribution and Internet global industries.” Roberts further added, "We are on track to announce the positive results of these efforts in terms of performance in the very near future. We are excited about this acquisition's contribution to the future growth of WENR." About Softorbit Softorbit is a full service distribution company, which owns and controls an extensive film and television library incorporating approximately 1,500 titles that supplies its content to the broadcast and entertainment industries. The content is delivered in the form of video and DVD’s, utilizing the extensive content library of Softorbit, through its existing distribution channels as well as delivering digital content for distribution via the internet for Video on Demand (VOD) for Broadband Events that also delivers shopping cart commerce capabilities to its customers. About WENR Corporation WENR Corporation is a growth oriented multi-faceted entertainment company incorporating the television, motion picture and Internet industries as well as a leading developer of voice-response computer characters software designed to navigate the web and operate computer applications via voice-recognition. The continued growth of its business will take place through strategic acquisitions of complimentary companies and through the formation of strategic partnerships and alliances. 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, 310.216.7700, dgreen@wenr.net
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