Viper Networks, Inc. (PN) (USOTC:VPER)
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5 Years : From Oct 2011 to Oct 2016
Viper Networks, Inc. (Pink Sheets: VPER), is pleased to announce that
LEDs America has agreed to award the Company with complete sales and
marketing export rights with 100% exclusivity for LEDs America’s LED
products for the entire country of India, as well as Saudi Arabia for
the next 5 years.
To receive automatic exclusivity renewal for these two countries, final
terms of the agreement will include modest annual sales and/or revenue
growth benchmarks, since Viper Networks is currently in manufacturing
supplier contract negotiations with LEDs America in North America.
The exclusivity agreement includes all products sold under the LED-O®
registered brand name, along with complete rights for current products
under development, and future products that may be developed and/or
engineered during the Company’s exclusivity period.
In other news, Viper Networks has recently begun talks with two
U.S.-based companies; one that offers compelling synergy to the
Company’s emerging business within the LED sector, and another that
represents a uniquely complimentary opportunity from within the energy
The two acquisitions and/or merger candidates are profitable entities
with annual revenues of from $2.5 million to approximately $10 million,
While there has been a growing stream of Viper Networks press releases
regarding LEDs America over the last month, some shareholders have begun
to inquire about the Company’s telecommunications and information
technology (IT) business in Asia and the Middle East.
Noting such, the management of Viper Networks intends to release a
corporate update announcement during the first quarter of 2012. There
are many positive developments unfolding right now and much of it has to
do with building significant corporate value right here in North America.
Viper Network shareholders and potential investors are encouraged to
follow the Company’s progress closely and keep the symbol VPER on their
watch list for more news announcements and press releases.
For additional information, please visit 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