TROY, Mich., Oct. 31, 2012 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (Pink Sheets:VPER) is pleased to announce positive developments for both LED lighting pilot programs with Sri Lanka's Ministry of Fisheries and Aquatic Resources; and with Colombo city officials representing the largest metropolitan area in Sri Lanka.
Positive developments are two-fold, as the time period for each pilot project is expected to be reduced by at least 50 percent, to 30 days maximum for each pilot installation and testing program, respectively; and manufacturing capabilities for the Company's exclusive partner Apollo Metro Solutions are quickly ramping up to achieve greater production capacity by mid-December.
While the Company seeks to install indoor lighting and street lights for all of Sri Lanka's 18 existing harbors and 11 new harbors under construction, the anticipated agreement (upon pilot project completion) for approximately 100 to 200 indoor lights and street lights per location represent the much smaller of the two pilot programs.
The Company's priority to establish significantly increased manufacturing capacity with Apollo Metro reflects in part, Viper Networks targeting much larger LED Street Light municipality clients for economically fast growing countries with major cities abroad, as well as a domestic focus on securing agreements with certain municipalities with multiple cities and towns within one or more U.S. counties for potential large scale LED street light replacement business.
As detailed in the announcement dated October 10, 2012; the Company has reached agreement with top officials of Colombo, Sri Lanka to initiate a short-term pilot program for testing Apollo Metro Solutions' LED Street Lights with installations along one main boulevard in Colombo, the country's provincial capital and largest metropolitan area with approximately 1.5 million people.
(0)
(0)