Viper Networks Signs 3-Year Agreement with
MasTec to Upgrade Mobile Networks Infrastructure in U.S.
Business
Wire "Press Releases - English"
TROY, Mich.--(BUSINESS WIRE)--
Viper
Networks, Inc. (Pink Sheets: VPER), is pleased to announce that
the
Company has signed a long-term contract with
MasTec,
Inc. (NYSE:
MTZ), to upgrade several major carriers wireless
network infrastructure
projects throughout
the
United States.
With offices in nearly every state,
MasTec
(
www.mastec.com)
provides
cell tower Acquisition, Construction and Installation, Design
and
Engineering, and Ongoing Maintenance services for some of the
nations
largest wireless service providers.
Viper Networks started their first wireless project for
MasTec
in early
May in
Minnesota,
and will continue to provide extensive installation,
engineering and
upgrade maintenance services in multiple locations
throughout the
state. With twenty (20) wireless tower project
professionals employed
by
Viper Networks to
date, the Company expects to
employ an additional ten to twenty
individuals shortly as they move into
similar projects in several
more Midwestern states in the near-term,
including
Michigan,
Illinois and
Ohio.
As it relates to the Companys anticipated contractual obligations for
multiple
projects within the
Wireless Communications division of
MasTec,
Viper
Networks estimates minimum first year revenues of
$2 million
to
$4
million U.S. dollars, which could grow
substantially higher during years
two and three.
Viper Networks stock holders and other interested parties should
note
that Company CEO
Farid Shouekani is utilizing
the Companys website to
post a Shareholders Letter to provide a more
comprehensive accounting
of previous joint ventures, partnerships and
projects announced over the
last several years. To view the
Shareholders Letter, click on the News
tab featured top right at
www.vipernetworks.com.
About
MasTec, Inc. (NYSE:
MTZ)
MasTec, Inc., headquartered in
Coral
Gables, Florida, is a leading
infrastructure construction
company operating throughout
North
Americaacross a range of industries. The Company's
activities include the
engineering, building, installation,
maintenance and upgrade of energy,
communication and utility
infrastructure, such as: electrical utility
transmission and
distribution, natural gas and petroleum pipeline
infrastructure,
wireless, wireline and satellite communications, wind
farms, solar
farms, and other renewable energy, and industrial
infrastructure.
Visit the Company's corporate website at
www.mastec.com.
For additional information, go to
www.ViperNetworks.com.
This release contains forward-looking statements that involve risks and
uncertainties.
Actual results may differ materially from results
predicted and
should not be considered an indication of future
performance.
Investor Relations:
Heritage First CapitalScott
Gibson,
407-444-5959
Source:
Viper Networks,
Inc.