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GlobeNewswire
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Viper Networks, Inc.: Viper Networks Announces Coming Launch of Blockchain and Crypto Mining Technologies Group Division

Complements Existing Business Model in the LED, Energy & Smart Cities Sector

TROY, Mich., 2018-01-11 11:00 CET (GLOBE NEWSWIRE) --
Viper Networks, Inc. (OTC Pink:VPER), (Company), an international leader in the
LED lighting products & integrated systems markets, with a focus on Smart
Cities, reported today that the Company is expanding into a strategic industry
sector by creating a new division for their emerging Blockchain and Crypto
Mining Technologies Group. 

By adopting fast-emerging powerful technologies that can strengthen the
Company's core technologies, products and services within the LED industry,
Viper Networks is pursuing future success far beyond a single sector leadership
position. 

Farid Shouekani, the Company's General Manager stated, "We are in the early
stages of blockchain technology and our team has identified applications that
can broadly complement our existing business and offer tremendous growth
opportunities for Viper Networks." 

"We plan to keep our shareholders updated as coming events unfold."

Info About Blockchain technology:

The blockchain is an incorruptible digital ledger of economic transactions that
can be programmed to record not just financial transactions but virtually
everything of value. Originally devised for the digital currency, Bitcoin, the
tech community is now finding other potential uses for the technology. 

By allowing digital information to be distributed but not copied, blockchain
technology created the backbone of a new type of internet in that it has a
built-in robustness. However, by storing blocks of information that are
identical across its network, the blockchain cannot be controlled by any single
entity and has no single point of failure. 

Further, no centralized version of this information exists for a hacker to
corrupt. 

Bitcoin was invented in 2008. Since that time, the Bitcoin blockchain has
operated without significant disruption. 

Info about Crypto mining:

Crypto Mining is a sector that the Company has been actively exploring due to
the large amount of energy required to fuel the mining technology, which
dovetails perfectly with Viper Networks Energy division to deliver low cost
energy solutions. Bitcoin's surge in price has sent its electricity consumption
soaring. Alex de Vries' index shows that bitcoin miners worldwide could be
using enough electricity at any given time to power about 2.3 million American
homes.The use of renewable energy technology continues to grow in the United
States and around the world. 

For more information 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
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© 2018 GlobeNewswire
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