WENR's Media Gems Signs Letter of Intent with Satview.

LOS ANGELES -- Media Gems, a subsidiary of WENR Corp. (OTC:WNRC) (wenr.net), announced today that it has signed a letter of intent with Satview Broadband Ltd., a privately held cable television company, to conduct a test by creating a cable channel consisting of movies from the Media Gems library.

Satview Broadband Ltd., located in Reno, Nevada, will provide a test of Media Gems' movie line-up to selected markets served by Satview. The test will consist of programming of various titles from the library and providing the content digitally to Satview. Satview will add a channel on its cable television line-up, advertise to its subscribers of the new channel and display an 800 number at the bottom of the feed for customer comments.

The Company along with Satview will solicit various cable and satellite operators to carry the feed once the test is completed. The Company will realize revenue from either being paid a fee per subscriber, from advertising or both.

Satview is a provider of cable television and broadband services to private apartment complexes, housing developments and hotels located in Nevada and California and operates franchise cable television systems in Nevada and California.

Media Gems controls an extensive library incorporating over 15,000 titles. Along with its vast content library, it has access to editing and authoring facilities, distribution facilities, as well as fulfillment facilities. It also will deliver digital content via the Internet for Video on Demand with its "State of the Art" streaming technology for broadband events.

WENR Corp. will provide Media Gems with resources for marketing through the Internet and television advertising to increase revenue and exposure of the library. WENR is a holding company that acquires technology companies. It provides senior management assistance for product and market development and secures working capital.

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.