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Viper Networks, Inc.: Viper Networks, Inc. (VPER) Announces Telecommunications Agreement in Bahrain

^{Published on 2009-10-20 06:30:01 - Market Wire}
 

TROY, MI--(Marketwire - October 20, 2009) - Viper Networks, Inc. (PINKSHEETS: [ VPER ]) announces that it has entered into an Agreement with a leading [ telecommunications operator in the Kingdom of Bahrain ], for sales, distribution and other value-added services, as part of the Company's continuing expansion with leading telecom operators throughout Asia, the Middle East, Australia and other continents, for its recently awarded India telecom license.

To complete their telecommunications infrastructure and provide a full range of fixed and nomadic telecommunications services throughout the country, the telecom operator for Bahrain has been working with Viper Networks and [ Trimax Wireless ], a telecommunications industry supplier of WiMAX and wireless technology.

[ Please note Viper Networks news release (dated Oct. 19, 2009), announcing the 'Letter of Intent' to acquire Trimax Wireless, Inc. ]

The Company expects to complete network testing shortly and close this distribution agreement and announce details within the next 2-3 weeks.

Mr. Farid Shouekani, President, Viper Networks, comments: "There are many significant events unfolding because of the technological expertise, corporate planning and key relationships that we have built under the Viper Networks name. Many of these accomplishments and what it means to the Company's emerging global footprint, should come into clearer focus throughout the remainder of the fourth quarter. We will continue to communicate all aspects of our strengthening position within the telecommunications industry and more."

Additionally, Viper Networks announces the resignation [for personal reasons] of Ronald Weaver, a member of its board of directors since 2003. The resignation became effective October 16, 2009. Mr. Shouekani, Viper Networks' president, commented: "Ron has been a valued source of information, common sense and insight to both our board of directors and management team. For these reasons and many others, I would like to personally thank Ron for his many contributions and wish him the very best in all his future endeavors."

For more information, please visit [ www.vipernetworks.com ] and [ www.trimaxwireless.com ] and/or contact Rich Kaiser, Investor Relations YES INTERNATIONAL, (800) 631.8127 or e-mail to [ info@vipernetworks.com ].

Except for historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from results predicted and reported results should not be considered an indication of future performance. In addition, factors discussed in the filings, could cause actual results to differ materially.