TROY, Mich., Jan. 29, 2014 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (Pink Sheets:VPER), an intelligent LED lighting solutions provider, is pleased to announce that in partnership with Apollo Metro Solutions, Inc., the Company has received a Letter of Intent for a transaction representing $20 to $30 million in Apollo's revolutionary LED street lighting solutions. The Company intends to install this line of equipment to serve the national highway system across Sri Lanka.
Farid Shouekani, Chief Executive Officer of Viper Networks, stated: "After successful pilot testing with multiple governmental departments in December, we expect to leverage this first Letter of Intent to generate additional sales in Sri Lanka and develop strong sales and distribution opportunities throughout the Middle East and Southern Asia."
The Company expects to announce additional details in the very near term.
About Apollo Metro Solutions, Inc.: Apollo Metro is an innovative U.S.-based company designing and manufacturing highly advanced, eco-friendly, and cost-saving light emitting diode (LED) lighting systems and intelligent control systems to municipalities and commercial businesses around the world. Apollo Metro sets itself apart by incorporating intelligent technologies into their design. The Apollo Intelligent LED product line includes LED Luminaires with built-in Camera, Sensors and Gigabit WiFi.
ABOUT VIPER NETWORKS, INC.: Viper Networks, Inc. (in partnership with Apollo Metro) is a manufacturer and distributor of highly-efficient LED lighting to provide superior turnkey LED lighting solutions for metropolitan areas (streets and highways), parking lots and warehousing facilities anywhere. By combining LED Lighting, Wireless MESH, Sensors, Infrared and Video into a single design; Apollo Metro Solutions' propriety line of wireless products can be applied to existing infrastructure through streamlined system integration for a full selection of intelligent LED lighting solutions worldwide.
Viper Networks also provides telecom engineering services for planning, network expansion and managed services to telecommunication service providers of various telecom networks in the U.S., Middle East and Northern Africa with top tier expertise in wireless communications.
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.
CONTACT: Investor Relations: Heritage First Capital Scott Gibson, 407.444.5959
Source:Viper Networks, Inc.