TROY, Mich., July 9, 2015 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce that the Company (in partnership with Apollo Metro Solutions, Inc.) has recently completed a key demonstration pilot project for the main Jeddah Saudi Arabia University Solar light campus.
After recently gaining LED lighting product certification approval in municipalities throughout the Eastern Provinces of Saudi Arabia, the Company is now following up their successful demonstration and pilot programs in Western Saudi Arabia with fast-track product certification efforts expanding throughout the Kingdom.
Jeddah is the largest city in Makkah Province, and the second-largest metropolitan area in Saudi Arabia after the capital city, Riyadh. With a population of 3.4 million people, Jeddah has the largest seaport on the Red Sea and is the major urban center of western Saudi Arabia.
With eleven (11) Universities and Colleges within the greater Jeddah area, Viper Networks and Apollo Metro are gearing up to provide LED lighting for college campuses, student housing, parking lots and street lights. The initial order is expected to be approximately $500,000 for the first installations with multiple orders over several projects projected to reach $10,000,000 for next year.
Several years of product performance testing along with recent certification approvals with both domestic and foreign municipalities have already proven that Apollo Metro's Intelligent LED lighting technology, which consumes 65 to 70 percent less energy than traditional lamps, will continue to shine a spotlight on the Company's remarkable LED technology and Smart Streetlights capabilities.
Furthermore, even greater savings can be achieved by the addition of Apollo Metro's remote monitoring via Wireless Street Light Control features. The integrated Wireless Street Light Control fits inside the Apollo fixture and provides a visual indication of all street lights.
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: Investor Relations: Heritage First Capital & Equity Research Group, LLC Scott A-B Gibson, Managing Principal - Tel. 407.444.5959
Source:Viper Networks, Inc.