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VPER Viper Networks Inc (PK)

0.00035
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Viper Networks Inc (PK) USOTC:VPER OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00035 0.0003 0.0004 0.0004 0.0003 0.00034 402,400 19:32:33

LED-0® T8 Tube Products Exceed Energy Savings Expectations for Viper Networks Office Building Client

15/02/2012 2:06pm

Business Wire


Viper Networks (PK) (USOTC:VPER)
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Viper Networks, Inc. (Pink Sheets: VPER), is pleased to announce that one of the Company’s first office building clients to purchased the LED-O® T8 Tube products nearly six months ago, is tracking an annual 35% ROI (return on investment) based on reduced lighting cost and lower KWH usage charges.

Reduced monthly electric utility bills have continued to grow over the last four months of 2011 (including mid-month installation in September, and October, November and December) compared to the corresponding months in 2010. With an initial lighting investment of $12,400.00 to replace all existing T8 tubes in their office building located at 2300 W. White Avenue in McKinney, Texas; the customer is on pace to reach 100% payback status in only 2.87 years.

With an average lifetime expectation projected to exceed 12 years, reaching a payback time in less than 3 years is truly remarkable. Additionally, reduced energy expenses do not reflect the savings achieved by less maintenance cost, which is another hallmark of LED-O® brand products.

Further, any rate increases or higher KWH usage charges or greater hours per day usage and/or days per week will only serve to directly increase savings for an even quicker payback time period and greater cash flow improvements.

Please note that the savings experienced by the office building customer featured in this announcement, has been based on their normal light usage of 12 hours daily and 5 days a week.

The LED-O® T8 Tube retrofits in existing fixtures (with no ballast), replaces all T8 and T12 Tubes, can be used with any voltage 85-277 V, is 100% recyclable, works in minus -40 degree temperatures and is practically unbreakable.

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

Forward Looking Statements

Statements in this press release may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of risk factors in doing business. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

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