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WENR RETAINS iCAPITAL AS ITS INVESTMENT BANKING FIRM Los Angeles, CA ---September 16, 2003 WENR Corp, a Holding Corporation of technology companies (WNRC.PK) ("The Company") (wenr.net) announced that it has engaged iCapital Finance, Inc. (“iCapital”) (icapitalfinance.com) as its investment banking consulting firm to structure financing and provide capital resources, identify merger and acquisition candidates, and advise the Company’s management on other strategic decisions. “iCapital has a direct connection to the investment community which will help us quickly move forward with our strategy,” said Dan Green President of WENR. “Their vast experience will aid in our overall market support. Continues Mr. Green, “With over 50 corporate clients, iCapital has the experience and resources to quickly facilitate financing and to bring a substantial number of clients to the table as well as identify possible acquisitions. We are pleased to be associated with this premier firm in this exciting industry.” Randall Letcavage, Managing Director of iCapital, states, “We are very impressed with WENR's technology, especially ScreenFriends. We feel that ScreenFriends will have a significant impact on the advertising and entertainment industries which will propel WENR towards future success." Irvine-based iCapital will provide WENR with services ranging from the preparation of corporate documents to providing guidance and assistance in maximizing shareholder value. ABOUT WENR, CORP.: ABOUT iCAPITAL FINANCE, INC.: The information in this Press Release includes certain “forward-looking” statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will provide to be correct. Factors that could cause results to differ include, but are not limited to successful performances of internal plans, the impact of competitors, and general economic risks and uncertainties. Contact Information: iCapital Finance, Joseph Cerbone (jcerbone@icapitalfinance.com), 2603 Main Street, Suite 1150, Irvine, CA 92614, Office: (949) 260-8070; Fax: (949) 260-0116 |
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