SOURCE: Viper Networks, Inc.

VPER, VoIP, India, Detroit, MI

February 04, 2010 09:15 ET

Viper Networks, Inc. (VPER) Announces Major Milestone; India Calling Card Revenues to Start by February 14, 2010

TROY, MI--(Marketwire - February 4, 2010) - Viper Networks, Inc. (PINKSHEETS: VPER) announced today that it has received final approval from Bharat Sanchar Nigam, Ltd. (BSNL), the 7th largest telecommunications company in the world with approximately 49 million customers worldwide, to commence operations and sales for its prized India Joint Venture. As part of the India Joint Venture, Viper Networks owns the exclusive rights that allow the Company to offer a full spectrum of national and international telecom services, beginning with VoIP, Calling Cards and Pinless Accounts. This joint venture will target the Indian expatriate community and a floating population of Indian tourists outside India. This final approval was based upon successful testing and recent network expansion of an additional $250,000 in hardware. The first route to commence operations and sales is Singapore.

As previously announced, the Company entered into an Agreement with Globalcom Information Services Pte. Ltd. ("GIS"), a leading global Infocomm service provider in the Asia-Pacific region, for sales, distribution and other value-added services for its recently awarded India telecom license. GIS will start printing calling cards next week, ahead of the scheduled launch of operations and sales by February 14, 2010.

Farid Shouekani, President of Viper Networks, Inc., stated: "To say that I am ecstatic about this approval would be a serious understatement. Our hard work for the last year is finally paying off, putting us in a position to see a significant return on our investment. Not only does this approval initiate sales in Singapore, but also paves the way for the launch of sales and operations for all routes we have announced over the last 12 months. We look forward to announcing more news in the very near term."

For further information, contact Rich Kaiser, Investor Relations YES INTERNATIONAL, 800.631.8127 or e-mail to

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.

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