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Thursday, October 21, 2021

Viper Networks Inc (OTCMKTS: VPER) Powerful Move as LED lighting Player Reaches Major Agreement With 21 Cities to Build Smart City Projects

Viper Networks Inc (OTCMKTS: VPER) is on the move after the Company announced it has reached a final 20-year agreement with a consortium of 21 cities throughout suburban Chicago, Illinois; to build and operate a variety of smart city projects. Cities are looking to take advantage of the latest $1.2 Trillion Infrastructure Bill that just passed this week, and Viper Networks is prime to partner with the latest technology and services, and launch Smart City Projects nationwide. 

The project is commencing in the cities of Palos Hills and Justice, gradually adding infrastructure with a target rollout of approximately 2,000 smart poles by the second half of 2022. This will drive an annualized revenue of $10 million before adding the revenue share. Viper Networks will showcase new smart poles with smart wireless control, camera and wireless 6E and 5G interconnection, digital advertising panels, smart LED lights, WiFi, and fiber optics interconnection in the Greater Chicago area this fall. We will have media companies for live streaming at the opening of the project. 

Viper Networks Inc (OTCMKTS: VPER) and it’s Apollo Smart Lights product (www.apollosmartlights.com) has a full selection of intelligent LED lighting solutions that can easily be deployed into metropolitan areas, parking lots and warehousing facilities. Smart Poles and Smart LED Lighting is not only efficient but has the ability to incorporate a variety of technologies into a single design. Integrity is of the utmost importance at Viper Networks, and our Board of Directors plays an integral role in overseeing the policies and procedures that insure our corporate integrity.  

The focus of its BOD is to ensure the long-term success of Viper Networks while representing the interests of our shareholders. The Company has adopted principles of Corporate Governance that reinforce our stated values by promoting good corporate citizenship and ethical business practices. Ensuring that our financial results fairly reflect the results of our operations is of paramount importance to this company and our investors. Viper Networks remains diligent in maintaining compliance with our established financial accounting policies, which are consistent with requirements of Generally Accepted Accounting Principles (GAAP), and will report our results objectively and with the highest degree of integrity. 

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Earlier this year VPER entered into a Strategic U.S. Manufacturing and Partnership Agreement with Toledo Solar, Inc., a Toledo, Ohio based Solar products manufacturer. The agreement will allow Viper Networks to consolidate its manufacturing facilities into one location for their products and integrated services to meet all current production requirements as well as significantly greater product demands from future domestic and international projects. In short order, all manufacturing will be based at Toledo Solar’s state-of-the-art manufacturing facilities and headquarters in Perrysburg (Greater Toledo), Ohio. 

As American cities begin to transform their infrastructure, Viper Networks is focused on providing municipalities with the ability to efficiently control and adjust street lighting, monitor activities, provide state-of-art communication, enhance security and manage traffic; all while reducing the environmental footprint and creating new revenue sources. 

Viper is making it even easier to buy with its latest infrastructure-as-a-service combined with a revenue-share model, allowing cities to quickly deploy infrastructure without heavy upfront capital and thus removing barrier to entry; in exchange cities share the upside of new revenues with Viper, such as advertising or artificial-intelligence-based traffic violations, generating a long-term mutually beneficial relation. 

Mr. Farid Shouekani, Viper Networks CEO and President, commented: “We began this unique Public Private relationship with Illinois suburban cities over three years ago with a Memorandum of Understanding. Today, our company’s further enhanced technology coupled with the country’s historical infrastructure bill passage are truly coming together for the greater good. We are thrilled to be making this happen shortly and every shareholder should begin to understand the significance of applying what we are doing in Greater Chicago on a national basis. Expect further updates this month.” 

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VPER is on the move after the Company announced it has reached a final 20-year agreement with a consortium of 21 cities throughout suburban Chicago, Illinois; to build and operate a variety of smart city projects. Cities are looking to take advantage of the latest $1.2 Trillion Infrastructure Bill that just passed this week, and Viper Networks is prime to partner with the latest technology and services, and launch Smart City Projects nationwide.  The project is commencing in the cities of Palos Hills and Justice, gradually adding infrastructure with a target rollout of approximately 2,000 smart poles by the second half of 2022. This will drive an annualized revenue of $10 million before adding the revenue share. Viper Networks will showcase new smart poles with smart wireless control, camera and wireless 6E and 5G interconnection, digital advertising panels, smart LED lights, WiFi, and fiber optics interconnection in the Greater Chicago area this fall. We will have media companies for live streaming at the opening of the project.  We will be updating on VPER when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with VPER.

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Disclosure: we hold no position in VPER either long or short and we have not been compensated for this article.

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