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MarketScreener Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  Viper Networks Inc    VPER

VIPER NETWORKS INC (VPER)
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Viper : Engages ChainBytes for Weather Capture Development on Smart LED Poles

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04/03/2018 | 03:01pm CEST

TROY, Mich., April 03, 2018 (GLOBE NEWSWIRE) -- Viper Networks, Inc. (OTC Pink:VPER), in partnership with Apollo Smart Lights, an international leader in the LED lighting products & integrated systems markets, with a focus on Smart Cities, announced today that it has engaged cutting-edge software development company Chainbytes, to utilize Blockchain technology to build and support the uploading of weather data from the Company’s Smart LED Poles.

The recently announced international deployment success and superior product recognition attributes have directly come from the Company’s growing portfolio of intelligent LED solutions. The Company’s LED Lighting is not only highly energy efficient but has the ability to incorporate a variety of technologies into a single design, such as the advanced Apollo SMART LED applications model, which includes fully operational telecommunications, cameras, wireless monitoring and control component aspects with the latest street security and surveillance capabilities.

Now the Company is fast tracking the development and buildout to support the uploading of weather data from Viper Networks’ (Apollo’s) Smart LED Poles. To help create this latest innovation in the most robust, and secure manner; Viper Networks has engaged the CEO (Mr. Eric Grill) of software development company Chainbytes (www.ChainBytes.com), to perform the following in addition to other items not listed:

Build Viper Networks Blockchain technology to support the uploading of weather data from Viper Network Smart LED Poles, Coin Fork of Dash or derivative with all functionality and performance, Create difficulty algorithm (i.e. Kimoto Gravity Well after block 500), Create/Advise on Masternode Network and determine how many coins will be Proof of Stake, Create a Treasury Coin account, Create voting and release of treasury funds process, Create Genesis mining X.11 protocol, Create mining pool and mining explorer, Perform integration of Genesis Blockchain into ViperX Platform, Create Protocol for reporting information, Integrate Information into the Blockchain and Display/Report information from Blockchain.

Mr. Farid Shouekani, the CEO of Viper Networks, commented: “By adopting fast-emerging powerful technologies that can strengthen the Company’s core technologies and products within the LED industry, Viper Networks is aggressively pursuing the creation of a new industry standard worldwide. We appreciate the encouragement we have received from many of our shareholders and want to welcome all others to join us on this exciting journey.”

For more information, please go to www.ViperNetworks.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.

Investor Relations: Heritage First Capital // Scott Gibson, 407.444.5959

Source: Viper Networks, Inc.

2018 GlobeNewswire, Inc., source Press Releases

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Managers
NameTitle
Farid Shouekani President, CEO, CFO, Secretary & Treasurer
Thiruneelakanda Sellathuray Chairman
Tom Otrok President-International Operations
Bassim Alkhafaji Chief Technology Officer
Ali Al-Qaraghuli Engineering Director
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