Viper Networks Completes LED Lighting Pilot Project in Mecca, Saudi Arabia
July 27 2015 - 7:27AM
Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce
that the Company (in partnership with Apollo Metro Solutions, Inc.)
has recently finished a pilot project for LED Street Lights and
parking lot and public park lights in Mecca, Saudi Arabia.
After recently gaining LED lighting product certification
approval in municipalities throughout the Eastern Provinces of
Saudi Arabia, the Company continues their pilot program successes
in Western Saudi Arabia with the latest one recently completed in
Mecca for a housing development contractor. Initial order estimates
are at $400,000.00 U.S. Dollars, with projected cumulative orders
totaling approximately $8 million next year.
Mecca is a major city in Saudi Arabia with a population of
approximately 2 million people, although visitors more than triple
during the pilgrimage period annually. The city is located 43 miles
inland from Jeddah. Mecca is revered by Muslims worldwide, and the
Grand Mosque is one of the few places in the world where Muslims of
all denominations gather.
Currently the Grand Mosque is going through a $60 billion
expansion that will almost double the area for pilgrims to pray.
Another megaproject is Jabal Omar, a hill on the mosque's west
side, where construction of about 40 towers is under way, mostly
for luxury hotels providing some 11,000 rooms.
As previously announced the pilot project with 11 Universities
and Colleges within the greater Jeddah area, Viper Networks and
Apollo Metro are gearing up to provide LED lighting for college
campuses, student housing, parking lots and street lights. The
initial order should be around $500,000 for the first project with
total orders expected to be approximately $10,000,000 next
year.
The Company also received and delivered an order for their
Intelligent LED Roadway Lighting for a Pilot project in Lebanon
from the Ministry of Interior and Municipalities of the Lebanese
Republic. The expected projections from the Company are in the
$18 million range for the first phase.
Additionally, the Company completed the latest pilot project
with Sri Lanka's Ministry of Highways and Roads, and is waiting for
the new government to finalize the budget since the Company's
product(s) have been approved for installations. Initial orders
should be for small projects in the range of $500,000 and later
increase to several million U.S. dollars.
For more information on Wireless Street Light Control and other
Smart Streetlights technology, visit the Company's products and
services at www.ViperNetworks.com or www.ApolloMetro.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.
CONTACT: Investor Relations: Heritage First Capital
Scott Gibson, 407.444.5959
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