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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 LED-O® Lighting Sales Success Spurs Production Expansion with LEDs America

03/01/2012 2:00pm

Business Wire


Viper Networks (PK) (USOTC:VPER)
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From Jun 2019 to Jun 2024

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Viper Networks, Inc. (Pink Sheets: VPER), in conjunction with LEDs America, Inc., is pleased to announce that due to Viper’s escalating sales of the LED-O® lighting products along with a higher sales forecast for the next two quarters, LEDs America is expected to expand their production capabilities and broaden their marketing reach for launching their newest LED-O tube products to replace fluorescent T8 and T12 tubes worldwide.

In their breakthrough announcement last year, LEDs America broke through the 100Lm/watt barrier by establishing a new standard of energy use of T8 light tubes down to a remarkable 14.6. Indeed, the new standard for 4 foot T8 light tubes is now 14.6 W, 1400 directional lumens according to LM-79 and LM-80 tests.

LEDs America has the U.S. Department of Energy’s Lighting Facts Label and LM-80 to support the Company for this new standard.

The standard fluorescent tube can now be replaced by a 14.6W LED-O in existing fixtures. The downward directed lumens output is equivalent to the fluorescent tubes as half of its lumens output is lost in the fixture. This will save over 65% of energy used for lights and 80% of heat that needs to be cooled down by air conditioning.

LEDs America CEO, Joel Westermarck stated: “The ROI will be several hundreds of percent over the products’ lifetime and payback time is one to three years depending on the cost per KWH and usage hours.”

Viper CEO Farid Shouekani added: “One big reason for our early success is that businesses start saving and improving their cash-flow immediately, even when they use LEDs’ financing program.”

The LED-O® T8 tube emits no UV light, contains no mercury or any hazardous vapors, is 100% recyclable, and is warranted for 5 years (when lifetime can well exceed 10 years).

The products are marketed under the registered brand name LED-O®. Call (888) 441-LEDS or visit www.LEDsAmerica.com.

For more information see www.vipernetworks.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.

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