Viper Networks Opens Saudi Arabia Office to Serve Middle East, South Asia

SAN DIEGO--(BUSINESS WIRE)--Viper Networks, Inc., (OTC:VPER), a major provider of voice-over-Internet Protocol (VoIP) services, today announced that it has opened an office in Riyadh, Saudi Arabia, to market and manage VoIP services, Networks and infrastructure in the Middle East, Pakistan, India and neighboring areas.

“The establishment of our new Middle East and South Asian headquarters in Saudi Arabia marks a milestone in Viper Networks’ emergence as a worldwide VoIP company”

The office, opened under a license from the Saudi Arabian General Investment Authority (SAGIA), will serve as a key element in Viper Networks’ growth strategy of finding and serving overlooked markets worldwide. Initial projects to be managed out of the Saudi office are expected to produce $10 million or more in annual revenue. Within the next two years, the company expects the Saudi operation will generate several similar projects.

“The establishment of our new Middle East and South Asian headquarters in Saudi Arabia marks a milestone in Viper Networks’ emergence as a worldwide VoIP company,” said Viper Networks’ Chief Executive Officer Farid Shouekani. “It reflects our current emphasis, which is to expand beyond our North American base by concentrating on overseas markets, especially in the developing world, that are underserved by most other VoIP providers. The Saudi office gives us a new ability to serve highly populous regions with widespread Internet access and high demand for reliable telephone service.”

About Viper Networks, Inc.

Viper Networks, Inc. provides VoIP products and services through distributors and resellers around the world. Its network of VoIP gateways serves more than 350 countries and regions, and it is unique in offering both network services and equipment to its customers. Unlike most competing VoIP providers, Viper Networks offers its service on a pre-pay basis. It charges only for minutes used and does not require any monthly fees. Its Internet-based users can get dial-up or broadband service with equal quality. Viper has been pioneering VoIP service and technology for more than five years. For more information, please visit www.vipernetworks.com.

Safe Harbor Statement: 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. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. Viper Networks Inc. cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. Viper Networks Inc. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.