February 1, 2002
Dear Shareholder:
The following is to inform you of developments in WENR and in each of
its subsidiaries.
ScreenFriends Co., a wholly owned subsidiary of WENR Corp., has continued to expand its business into other commercial applications.
Voice-Activated DVD Software: ScreenFriends has developed an application for voice-activating DVD player software. A major producer of DVD movies in the entertainment industry is co-developing the software with ScreenFriends. Screenfriends will utilize its speech engine to operate a DVD via voice.
Marketing Group: ScreenFriends has secured an agreement with a company that is one of the largest marketers of promotional CDs to Fortune 500 companies. Under the marketing agreement, ScreenFriends will develop customized “ScreenFriends” for its clients and license its technology to each promotional CD. This marketing group has produced over 50 million CDs in 2000 and 2001.
Business Network Corp.: ScreenFriends has been engaged to provide support for BNC’s marketing campaign. BNC provides marketing services for major companies liquidating equipment and companies in the auction business.
PowerPoint Voice Presenter: Currently, ScreenFriends is “Beta” testing its Voice-Activated PowerPoint Presenter. Discussions with a major medical organization and a state university in the mid-west, which volunteered to test the product prior to release, have shown a promising market for the software.
ScreenFriends will begin
marketing the PowerPoint Voice Presenter via the Internet.
The Company is negotiating with a major manufacturer of microphones to
become an OEM of the manufacturer. ScreenFriends
would market the software as a combination of a microphone and software package.
Hosting: Global Image Co., a wholly owned subsidiary of WENR Corp., has set up a new server to provide hosting services to its clients and others.
Web development: Global Image continues to develop websites for clients and provide ScreenFriends software as additional services.
Latest Acquisition: WENR has secured controlling interest in a software development company located in Southern California. This company is engaged in the development of on-line media management application software for the television advertising industry.
Other
Acquisitions: WENR currently is evaluating other potential acquisition
prospects and projects. Management
is focusing on prospects that complement our existing group of companies and
brings additional cash flow into the Company.
WENR will avoid prospects with low sales, high debt and negative cash
flow.
Auditor: WENR is in the process of selecting an accounting firm to conduct audits for 2000 and 2001. The Company expects the audit to commence in the first quarter of this year.
Form 10 Filing: Upon completion of the audits, the Company will prepare a Form 10 to be filed with the SEC. The Company expects to become fully reporting by the end of the second quarter.
The above information is provided to WENR’s shareholders and interested parties as a periodic newsletter. The Company intends to provide similar information on a quarterly basis. If you have any questions or concerns, please feel free to contact the Company either by telephone or e-mail. We try to respond to e-mails and telephone calls as time permits. However, we do not have an investor relations staff personnel at this time.
Thank you for your continued support of WENR Corp.
Sincerely,
For
WENR Corp.
Dan Green
President
This newsletter contains information that is “forward-looking” in that it describes events and conditions, which WENR Corp. reasonably expects to occur in the future. Expectations for the future performance of the business of WENR Corp. and its subsidiaries is dependent on a number of factors, and there can be no assurance that WENR Corp. or its subsidiaries will achieve the results as contemplated herein. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks including the possibility that pending transactions will not be completed.