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Viper Networks Continues Development of San Jacinto Technology Center.


Business Editors/High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--March 25, 2004

Viper Networks Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:VPER VPER Vice President for External Relations ) announced today that it has completed the first phase and is on schedule with planning and permits for the "Viper Center" in San Jacinto San Jacinto, river, c.130 mi (210 km) long, rising in SE Texas as the West Fork and flowing S to Galveston Bay. Its chief tributary is Buffalo Bayou, and both the bayou and the lower river are used for the Houston ship channel. , Calif. The Viper Center, scheduled to begin construction on 7/04/04, will be approximately 48,000-square-foot and plans include a Viper Networks retail location, a 7,000-square-foot facility to showcase the company's VoIP (Voice over Internet Protocol See Internet and TCP/IP.

(networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol.
) products and services. The focus of the Viper Center will be a blend of retail business and high technology service companies.

The company received an invitation from Randy Williams For the baseball player, see .

Randy Williams (born 23 August,1953) was an American athlete who competed mainly in the long jump.

He competed for the United States in the 1972 Summer Olympics held in Munich, Germany in the long jump where he won the gold medal.
, economic development specialist, and city of San Jacinto Mayor Jim Ayers to attend a special "Viper Center Roundtable" on Friday, March 12, 2004. Mayor Jim Ayers stated, "I am very excited to have Viper Networks building within our community. I am committed to the success of the Viper Center project and look forward to their involvement in our community."

Viper Network Chairman Stephen Young Stephen Young can refer to:
  • Stephen Marvin Young (1889-1984), Democratic United States Senator from Ohio who served between 1959 and 1971.
  • Stephen Young (actor) (born circa 1931), Canadian actor best known as co-star of ABC-TV 1967-69 legal drama
 stated, "The meeting was a total success and has provided Viper Networks the opportunity to build into the future within an emerging and innovative community. This is a great opportunity for the future of San Jacinto as we bring jobs and economic opportunities to the area. The Viper Center can be 'the place' for businesses seeking development in new technologies, wireless, engineering and telecommunications."

Michael L. Conner, associate dean of career education and economic development, and Richard Collins Richard Collins can refer to:
  • Richard A Collins, British scientist and author
  • Richard Collins, Baron Collins (1842–1911), British law lord
  • Richard Collins (actor), actor of the television show Trailer Park Boys
  • Richard L. Collins, aviation writer
, dean of career education and economic development at Mt. San Jacinto Community College District, attended the meeting and expressed their interest in working with Viper Networks to offer a variety of career education and business solutions.

"Our mission," stated Diane M. Wirth, executive director, VEDC VEDC Valley Economic Development Center (Los Angeles, CA, USA) , "is to unleash the tremendous economic potential in the San Jacinto Valley by attracting businesses to the valley, expanding existing businesses and creating new job opportunities. We are accomplishing this through our strategic plan and through collaborative efforts with public and private sectors."

About Viper Networks Inc.

Viper Networks Inc. is a diversified technology development company who markets innovative products and services including its "vPhone," a USB USB
 in full Universal Serial Bus

Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer.
 telephone device for Voice over the Internet calling, and other related products that run over its global IP network. Viper Networks also maintains investments in related technology companies in the wireless, IP-based services and other unique emerging technologies. Viper Networks is a publicly traded Utah corporation with headquarters in San Diego. For more information about Viper Networks Inc. and a full description of our network of companies, visit www.vipernetworks.com.

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 ob·so·les·cent  
adj.
1. Being in the process of passing out of use or usefulness; becoming obsolete.

2. Biology Gradually disappearing; imperfectly or only slightly developed.
 due to shifts in market demand; and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called 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. The company does not undertake a duty to update information provided regarding its expected operating results. The company may provide information in future public announcements regarding its outlook that may be of interest to the investment community. The format and extent of future outlooks may be different from the information contained in this release. This release contains certain non-generally accepted accounting principles ("GAAP GAAP

See: Generally Accepted Accounting Principles


GAAP

See generally accepted accounting principles (GAAP).
") financial measures and other terms.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 25, 2004
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