ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

VPER Viper Networks Inc (PK)

0.0004
0.0001 (33.33%)
14 Jun 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
  0.0001 33.33% 0.0004 0.0003 0.0004 0.0004 0.0003 0.0003 7,419,501 20:42:17

Viper Networks And LEDs America Formalizing Multiple Export Marketing Agreements

09/01/2012 2:00pm

Business Wire


Viper Networks (PK) (USOTC:VPER)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Viper Networks (PK) Charts.

Viper Networks, Inc. (PINK SHEETS: VPER), in conjuction with LEDS America, Inc., is pleased to announce that both companies are close to formalizing sales and marketing export rights for Viper Networks to retain exclusivity for a number of countries in several geographical regions worldwide.

Final terms of the agreement(s), which should be concluded in a matter of days, is expected to define each country and/or regional territory that Viper Networks will receive exclusivity for, the total number of years for 100% exclusivity, to be followed by annual sales and/or revenue benchmarks for the Company to receive automatic exclusivity renewal.

Additionally, the management at Viper Networks anticipates that any exclusivity agreement signed with LEDS America will include such rights for all current and future products developed, engineered and manufactured by LEDS and all products sold under their LED-O ® registered brand name.

A 2007 U.S. law requires light bulbs have to be at least 25% more energy efficient starting in January 2012, meaning traditional incandescent bulbs will be phased out. Although some of the replacements have been with compact fluorescent lamps (CFLs), many consumers do not like these longer lasting ‘swirl’ bulbs for giving off what many say is inferior light.

LEDs America has developed a breakthrough in creating an LCC- LED Cluster Chip technology light source to replace incandescent bulbs. Current products also include replacements for the popular 60W and 40W light bulbs, which are sold under the LEDS America brand name LED-O®, which with combined features will save over 90% of the energy used in a standard bulb, and 50% compared to a CFL (compact fluorescent lamp), while emitting no UV light and containing no mercury.

The LED-O® fits all standard fixtures and lamps, is 100% recyclable and can be used with any voltage 85-265 V.

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.

1 Year Viper Networks (PK) Chart

1 Year Viper Networks (PK) Chart

1 Month Viper Networks (PK) Chart

1 Month Viper Networks (PK) Chart

Your Recent History

Delayed Upgrade Clock