TROY, Mich., June 12, 2014 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (Pink Sheets:VPER), an intelligent LED lighting solutions provider, is pleased to announce that the Company has received their first order of LED lights on behalf of Sri Lanka's Ministry of Fisheries and Aquatic Resources for one of the country's sea harbor ports.
This initial order represents the commencement of LED light manufacturing in partnership with Apollo Metro Solutions for delivery to one of Sri Lanka's twenty-nine (29) established or newly constructed harbors.
Once installation is complete for this first relatively smaller order, the Company expects to receive larger orders from the Ministry of Fisheries to eventually facilitate manufacturing and delivery of LED lights to a majority of the remaining harbors throughout Sri Lanka over a period of several years.
Regarding the $20 million and $25 million term sheets to help finance the Company's larger scale LED lamp orders for Sri Lanka's streets and highways, management notes that the process is working its way through the system and that final government approval or not is projected to happen within the next two months.
In other developments, the Company's wholly-owned subsidiary Viper Agricultural Technology expects to unveil their latest Fast Grow LED technology products in partnership with Apollo Metro Solutions very soon.
Although the Company began developing their Fast Grow LED lights for faster, more abundant vegetation/plant growth for the livestock industry, strong demand from another plant sector has focused Viper Networks and Apollo Metro's LED product development efforts specifically for the rapidly developing market of legal marijuana growth and sales throughout the United States.
ABOUT VIPER NETWORKS
Viper Networks (in partnership with Apollo Metro) is a manufacturer and distributor of highly-efficient LED lighting to provide superior LED lighting solutions for streets and highways, parking lots and warehousing facilities everywhere. By combining LED Lighting, Wireless MESH, Sensors, Infrared and Video into a single design; Apollo Metro Solutions' proprietary line of wireless products can be applied to existing infrastructure worldwide.
Additionally, the Company provides (in partnership with Apollo Metro) Fast Grow LED light technology products for faster, more abundant vegetation and plant growth for numerous industry sectors worldwide.
Viper Networks also provides telecom engineering 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.
For additional information, see www.ViperNetworks.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.
CONTACT: Investor Relations: Heritage First Capital & Equity Research Group, LLC Scott Gibson, 407.444.5959
Source:Viper Networks, Inc.