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VPER

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Stock Analysis

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Latest Financial News for VPER


Viper Networks Signs $150 Million JV Agreement with BIET Group to Launch Renewable Energy Power Generation Projects Using an Innovative Hybrid PV-Thermal Technology
Posted on Wednesday April 14, 2021

PV-T HASSABOU COLLECTOR PV-T HASSABOU COLLECTOR TROY, Mich., April 14, 2021 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (Pink Sheets: VPER), is pleased to announce that the Company has signed a Joint Venture agreement with BIET Technologies Group to partner on the deployment of renewable energy power projects in several countries including USA, South Africa, Sri Lanka, and Malawi. Abdelhakim Hassabou Ph.D. Chairman of BIET Technologies Group and Mr. Farid Shouekani, CEO of Viper Networks jointly emphasize: Solar Renewal Energy is foreseen to be the most important clean resource that can be utilized into many applications and projects we are developing. We will launch an innovative hybrid solar Photovoltaic & Thermal energy collector (PV-T); “HASSABOU COLLECTOR” to generate power around the clock 24 hours per day with a simple hot water storage that eliminates all the hurdles associated with contemporary solar technologies both in Concentrating Solar Power (CSP) with molten salt thermal storage and PV with batteries. We will start with multiple power productions projects ranging from 50 MW to 100 MW as the license permits valued at $150 Million Dollars. Massive power plants using the innovative PV-T integrated with other technologies developed by VIBER as well as other industry partners from the USA, Germany and Europe will be installed in multiple countries in the next few years. ABOUT BIET TECHNOLOGIES GROUP Dr. Hassabou is the Founder and Chairman of BIET Group with presence in Egypt, Qatar, Ghana, Uganda, Kenya and Malawi. He is also affiliated with Cambridge Corporate University (CCU) in Switzerland as the Dean of Renewable Energy Management Postgraduate Studies and Director of the International Energy Unit (IEU), which is a consulting company under the Deanship of Renewable Energy at CCU. The IEU will play an important consulting role in support of the global transition towards accelerated deployment of clean energy and decarbonization of economy. More information about the IEU can be accessed through the link http://www.cpigroup.swiss/International-Energy-Unit. Dr. Hassabou is an Egyptian-born engineer with a Summa Cum Laude doctorate from Technical University Munich who is heating up competition in solar technology worldwide with his patented 91% combined efficiency Hybrid Photovoltaic-Thermal (PV-T) System, i.e. “HASSABOU COLLECTOR”. It delivers power at a levelized cost of about 5 US cents per kilowatt hour even under northern climate solar conditions (Bremen, Germany, for example) and provides up to three-days (72-hours) of stored power even when the sun doesn’t shine. Dr. Hassabou collaborates with leading suppliers in Germany for his solar heat “troughs” and pressurized hot water storage for use with low-pressure turbines to deliver world-beating system as small as 100 kilowatts and up to hundreds of megawatts. His system reduces the footprint and overall cost of solar farms, which generates renewable electricity 24/7, per unit of energy produced by approximately 40% and provides a low-maintenance operating life of twenty-five-plus years. Dr. Hassabou’s company, BIET (Base for Industrial and Environmental Technology) has a broad vision of how to provide both developed and developing countries with energy, food, desalinated water, green hydrogen and sustainable community housing by combining his hybrid solar system with a punch of unique technologies developed by BIET and other industry partners including VIBER. “Having grown-up in Egypt and developing business in Africa and India, I know first-hand how insufficient energy, water, food and housing can burden the lower classes and prevent individuals from reaching their full potential,” says Dr. Hassabou. “In general, a collaboration between developed countries and underdeveloped areas of the world, given new breakthroughs in science, can rapidly raise living standards and at the same time lower disease rates associated with unsanitary living conditions and nutrition-deprived diets.” BIET Group has already initiated several solar power, waste-to-energy and affordable housing initiatives in Africa and plans to combine his affordable housing technologies with local power and food production to raise the living standard of underdeveloped communities throughout Africa starting from Ghana, the Middle East, South America Asia and elsewhere. “Fortunately,” says Dr. Hassabou, a well-established enterprise like VIBER NETWORKS as well as “a new generation of very wealthy entrepreneurs share the same goals that myself and my colleagues are devoted to in terms of raising standards of life and lowering poverty by creating jobs locally constructing affordable housing, affordable and nutritious food production, and clean, abundant energy that powers local business and social services.” Dr. Hassabou adds, “We believe that we have access to breakthrough technologies that will usher in a new age of economic development similar to that created by steam engine technology in the eighteenth century that was then followed by the age of electricity and motorized transportation. The difference is that we have the benefit of hindsight in understanding what technologies are compatible with our physical environment and which technologies are to be avoided at all cost because of their destructiveness.” ABOUT VIPER NETWORKS Viper Networks is a manufacturer and distributor of highly-efficient Smart LED lighting to provide proprietary LED lighting and Media Infrastructure solutions and Smart Cities Technologies for streets and cities, and highways, parking lots and warehousing facilities everywhere, in addition to solar energy products. For more information go to www.ViperNetworks.com or follow us on Twitter @vipernetworks.Investor Relations or Media interest should email ir@vipernetworks.com or call 407.444.5959 Notice Regarding Forward-Looking Statements This news release contains "forward-looking statements" as that term is defined in Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this release which are not historical are forward-looking and include any statements regarding beliefs, expectations or intentions regarding the future. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/768c1aaf-28f9-47fe-bfb1-45e8cf3dba19


Viper Networks Announces Engagement with International M&A Business Consultant
Posted on Tuesday April 06, 2021

TROY, Mich., April 06, 2021 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (Pink Sheets: VPER), an emerging international leader in the LED lighting products and integrated systems markets for Smart City projects, is pleased to announce the company’s engagement with Mr. Charles Saad as a key Merger and Acquisition (M&A) consultant for the Company. Charles Saad is a visionary international business leader with a demonstrated record of accomplishment in Engineering and Contracting of Life Safety Systems, building and growing businesses globally over a span of 28 years.Based in Saint Augustine, Florida, Mr. Saad has been chosen to lead in the discussions and negotiations with several well established international companies that Viper Networks is strategically targeting to acquire to strengthen the company’s position as an emerging leader in the Renewable Energy sector and Smart Cities markets, respectively, in the Middle East and North Africa (MENA) region.Mr. Saad has extensive experience in corporate restructuring and acquisition funding arrangements with laser focus on adding substantial value to existing shareholders.Another significant development is that several large insider shareholders of Viper Networks will return up to a total of 500 million Viper shares to help finance any potential deal(s), including the Company’s CEO, who is willing to return up to 200 million shares of his own VPER common stock position.The Company will publicly release any potential or final acquisition terms as they become available. Further, the management of Viper Networks intends to announce additional corporate developments shortly.ABOUT VIPER NETWORKSViper Networks, Inc., with its product Apollo Smart Lights, is a manufacturer and distributor of highly-efficient LED lighting to provide superior turnkey LED lighting solutions for metropolitan areas. By combining LED Lighting, GSM, Sensors, Infrared and Video into a single design; Apollo Smart Lights' proprietary line of wireless products can be applied to existing infrastructure through streamlined system integration for a full selection of intelligent LED lighting solutions worldwide.For more information go to www.ViperNetworks.com or follow us on Twitter @vipernetworks.Investor Relations or Media interest should email ir@vipernetworks.com or call 407.444.5959Notice Regarding Forward-Looking StatementsThis news release contains "forward-looking statements" as that term is defined in Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this release which are not historical are forward-looking and include any statements regarding beliefs, expectations or intentions regarding the future.


Viper Networks Receives Current Status on OTC Markets
Posted on Wednesday March 31, 2021

TROY, Mich., March 31, 2021 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (OTC Pink: VPER), (Company), an international leader in the LED lighting products and integrated systems markets for Smart City projects, reported today that the Company is now fully compliant with the OTC Markets’ Guidelines For Providing Adequate Current Information. This has been largely achieved by recently filing all required financials to OTC Markets for the Company’s 2019 and 2020 fiscal years ending December 31st. With Viper Networks’ first quarter ending March 31st, the Company will be filing their initial 2021 financial data to OTC Markets within the required 45 day period or no later than May 15th. In compliance with achieving all current information guidelines, Viper Networks has recently updated their website and the Company expects to continue with further updates and upgrades as they feature new products and expanded functions throughout the ViperNetworks.com site. Viper Networks CEO, Mr. Shouekani, commented: “I am certainly mindful of the fact that filing our financial data in a timely manner is vital to providing a robust, informed market with greater insight. Knowing such, we are fully committed to maintaining our ‘Current’ status for the stock while continuing to grow shareholder value through engineering excellence in the LED Smart City sector and anticipated product roll-outs with notable alliances worldwide.” For more information go to www.ViperNetworks.com or follow us on twitter @vipernetworks Safe Harbor Statement: This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "likely", "should", "could", "would", "may" or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company's ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company's operating history and resources, economic, competitive, and equity market conditions. Investor Relations/Media: Scott Gibson, 407.444.5959


Viper Networks Submits Updated Financials to OTC Markets and Expects to Announce New Partnerships, Projects and Projected Revenues soon
Posted on Friday March 05, 2021

TROY, Mich., March 05, 2021 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (OTC Pink: VPER), (Company), an international leader in the LED lighting products and integrated systems markets for Smart City projects, is pleased to announce that the Company has submitted all required financials to OTC Markets for their 2019 and 2020 fiscal years, respectively, ending December 31st. Additionally, the Viper Networks’ website has been updated and the Company expects to continue with further updates shortly featuring new products and functions; as the Company seeks to become fully compliant with the OTC Markets’ Guidelines for Providing Adequate Current Information. The Company is also pleased to announce that a successful introduction was provided to the Community Advisory Board (CAG) and to the Porter Ranch neighborhood counsel safety committee this week. By the end of April or earlier, the Company will present their final Smart Air Quality monitoring system design to Los Angeles County officials. The Company’s smart air quality monitoring system will be serving the community of Porter Ranch to monitor methane gas levels from the Aliso Canyon Gas Facility as a part of a $25 million health study for Los Angeles County. And finally, shortly after the Company has officially gained ‘Current Status’ with OTC Markets, Viper Networks will commence the start of myriad announcements highlighting all corporate activities, including new partnerships and joint ventures (JV) and all current and upcoming projects and the projected revenues. Viper Networks CEO, Mr. Shouekani, commented: “Although our financial numbers over the last two years are quite limited. The anticipated or projected revenues for 2021, especially the third and fourth quarters; are as different as night and day. We are certainly living in exciting times and VPER shareholders should know that their Company is striving to be a global leader in positive change.” For more information go to www.ViperNetworks.com or follow twitter@vipernetworks.com Notice Regarding Forward-Looking Statements This news release contains "forward-looking statements" as that term is defined in Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this release which are not historical are forward-looking and include any statements regarding beliefs, expectations or intentions regarding the future. Investor Relations/Media Contact: Scott Gibson, 407.444.5959


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