SOURCE: Viper Networks, Inc.

VPER, Viper Networks, VoIP, India, Riyadh, Saudi Arabia, Argentina

December 03, 2009 14:25 ET

Viper Networks, Inc. (VPER) Announces Letter of Intent for Argentina Network Deployment

Closing Expected by January 1, 2010

TROY, MI--(Marketwire - December 3, 2009) - Viper Networks, Inc. (PINKSHEETS: VPER) announces that it has entered into a Letter of Intent with a privately-held communications provider to establish a Joint Venture in Argentina to operate a newly awarded license for services including Wireless Data Networks, Fixed Wireless Voice Network, Mobile Networks (GSM or other), Calling Cards, VOIP and Value Added Services "VAS" over dedicated trunks or data networks in any part of Argentina covered by this license.

Farid Shouekani, President of Viper Networks, Inc., commented, "We are extremely pleased to consummate this Letter of Intent and enter the Argentina market. The Joint Venture will strategically establish networks and customer bases in all the most populated areas in Argentina and in the less densely populated areas also. With this unique license granted from the Argentina government will provide a one stop bundle of telecommunication services to the Argentina market."

Mr. Shouekani, continued, "Twenty-six major cities exist in Argentina totaling a population of approximately 41 million residences. This Joint Venture will implement a strategic approach to market to the specific segments and areas that will optimize revenues and financial goals. Of the 41 million residences of Argentina, approximately 30 million potential prospects fit within the age and demographic profile that will be targeted through specific marketing and advertising campaigns."

Mr. Shouekani, concluded, "A final contract and financial details listing all responsibilities and profit sharing for both sides for given services and markets is expected to released by January 1, 2010."

For further information, contact Rich Kaiser, Investor Relations YES INTERNATIONAL, 800.631.8127 or e-mail to info@vipernetworks.com, www.vipernetworks.com.

Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance and actual results may differ materially.

Contact Information

  • CONTACT:
    RICH KAISER
    800-631-8127