SOURCE: Viper Networks, Inc.

Viper Networks, Inc.

March 02, 2015 09:00 ET

Viper Networks and Apollo Metro Receive Order and Deliver Intelligent LED Street Lights for Pilot Project in Lebanon

Company Poised to Capitalize on Growing Demand From Municipalities Abroad

TROY, MI--(Marketwired - Mar 2, 2015) - Viper Networks, Inc. (OTC: VPER), is pleased to announce that the Company (in partnership with Apollo Metro Solutions, Inc.) received an order for their Intelligent LED Streetlights for a Pilot project in Lebanon from the Ministry of Interior and Municipalities of the Lebanese Republic.

The estimated time period to complete the short-term pilot project is 2 to 4 weeks, which is slated to confirm the LED Street Lights operational reliability with the smart grid wireless control units for LED Street Lighting. Several years of testing with various domestic and foreign municipalities have already proven that Apollo Metro's Intelligent LED Street lighting technology with Wireless Street Light Controller consumes 65 to 80 percent less energy than traditional lamps.

Furthermore, even greater savings can be achieved by the addition of Apollo Metro's remote monitoring and control features. The integrated Wireless Street Light Control fits inside the Apollo fixture and provides a visual indication of all Apollo Metro street lights.

With the short-term pilot project commencing shortly, the Company is well along in the process of securing potentially favorable terms to finance the initial contract period, which is expected to run from 12 to 24 months and run into the tens of millions of U.S. dollars.

Viper Networks has had a well-established office in Lebanon for years now. Over time this has allowed the Company to build vital relationships within the proper government channels for demonstrating LED Roadway Lighting product quality and commitment to excellence.

The Company encourages everyone to view all LED Lighting and Intelligent Solution products at www.ApolloMetro.com or www.ViperNetworks.com. All potential investors and Viper Networks shareholders may review the Company's latest information and current financial data, including their annual report and quarterly filings posted on www.OTCMarkets.com.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

Contact Information

  • Investor Relations:
    Heritage First Capital & Equity Research Group, LLC
    Scott A-B Gibson
    Managing Principal
    Tel. 407.444.5959