Viper Networks To Become Key Supplier For LEDs America By Entering Into Major Manufacturing Contract

January 19, 2012 at 09:15 am EST

MarketScreener.com By

Anticipated Agreement to Stipulate Company Will Manufacture, Package and Deliver LED-O® Brand Products until 2017 with 5 Year Renewal Terms

Viper Networks, Inc. (Pink Sheets: VPER), is announcing that Company management is currently involved in comprehensive talks for entering into a major "Manufacturing and Supply Agreement" with LEDs America, Inc.

Under the expected terms of any agreement, Viper Networks as Supplier, will exclusively manufacture and package the products for LEDs America and deliver the products as required by purchase orders to certain regions and/or countries specified by LEDs America.

As a U.S. based public company, Viper Networks intends to establish their manufacturing facilities in the continental United States and expects to announce the location shortly after finalizing the manufacturing and supply agreement as noted in this announcement.

If deemed necessary, Viper Networks will apply and maintain ISO 9001-2008 certification for all manufacturing facilities and any other certifications that will result in improved manufacturing techniques or practices, enabling manufacturers to achieve gains in the areas of quality, technology or profitability.

As a major Supplier, the Company will be expected to cooperate with LEDs America to identify components and sources of supply for components and parts, and to offer suggestions regarding the design and configuration of products and of new products under development.

Terms of any forthcoming agreement are expected to include; that the Supplier will not sell, market, offer, manufacture, produce, or otherwise make or distribute, any lamps, ballasts, light fixtures, LEDs or any other products or accessories that are otherwise competitive with LEDs America's products.

With special circumstances noted, the term of the agreement shall be for five years commencing on the actual date of the signed agreement by both parties, with renewal terms to continue for additional five year terms unless terminated under certain conditions listed in a section(s) that will be detailed in any forthcoming agreement.

LED America, Inc.'s products are marketed under the registered (®) brand name LED-O.

For additional information, please visit www.vipernetworks.com, www.LEDsAmerica.com and www.LEDOglobal.com.

Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance.