VPER News NOW Viper Networks and Toledo Solar A
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Viper Networks and Toledo Solar Announce Strategic U.S. Manufacturing and Partnership Agreement
Press Release | 06/25/2021
TROY, Mich., June 25, 2021 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (OTC Pink: VPER), an international leader in the LED Street Lights products and integrated Smart Cities systems and solutions markets, is pleased to announce that the Company has 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.
Geographical advantages also exist with both companies operating within approximately 75 miles of one another, with Toledo Solar located near the Michigan-Ohio border and Viper Networks located within the Greater Detroit area in Troy, MI.
The Strategic U.S. Manufacturing and Partnership Agreement highlighted in the agreement will include the marketing and presentation of each other’s technology and products to existing and potential customers domestically and internationally in the Smart City markets, while targeting vital segments of the U.S. economy, including schools, colleges, universities, municipalities, commercial facilities, private institutions, and governmental facilities.
Mr. Farid Shouekani, Viper Networks CEO and President, commented: “We are excited to partner with Toledo Solar, the only U.S. manufacturer of CdTe thin film PV solar panels for both the residential rooftop and commercial markets; and to soon deliver 100% ‘Made in the USA’ solar technology to complement our Smart Street Lights and Smart Cities technology and solutions.”
Mr. Shouekani continued: “The timing of this collaboration couldn’t be better as the Biden Administration and U.S. Congress continue to formalize the massive Infrastructure Bill with the Smart Cities and Communities Act focusing on the technological advancement of Smart Cities services and the nation’s infrastructure buildout.”