Viper Networks and Apollo Metro Complete Initial Lighting Pilot for The Arab Emirate State of Qatar Print Alert Viper Networks, Inc. (PL) (USOTC:VPER) Intraday Stock Chart Today : Thursday 6 February 2014
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 concluded its preliminary pilot in the city of Doha, Qatar. There is a secondary pilot already approved and set for shipment in four weeks. The first government sanctioned test pilot has successfully demonstrated Apollo's lighting capability to efficiently replace the traditional system. Subsequently there will be a second pilot to further test and establish an effective design for the State of Qatar, which is expected upon completion, to yield lucrative government contracts.
Farid Shouekani, Chief Executive Officer of Viper Networks, stated: "We are very pleased to be entering this region. Following the level of success we have obtained in Sri Lanka, we continue striving to expand our reach and demonstrate the viability of our lighting solutions into new and advantageous territories."
Viper Networks recently received aLetter 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.
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