The first delivery of LED street light units in the month ahead

As detailed in the announcement dated October 10, 2012; the Company has reached agreement with top officials of Colombo, Sri Lanka to initiate a short-term pilot program for testing Apollo Metro Solutions' LED Street Lights with installations along one main boulevard in Colombo, the country's provincial capital and largest metropolitan area with approximately 1.5 million people.

The Sri Lanka Ministry of Fisheries pilot program could lead to a total order of 2,000 to 3,000 indoor and street light installations for all existing harbors, however; the city of Colombo's LED Street Light pilot program is expected to lead to full order estimates totaling approximately 200,000 LED Street Light units for Colombo alone.

Sri Lanka officials have requested that the forthcoming LED Street Light pilot project for Colombo include the all-in-one street light housing unit option for wireless utility meter reading and advanced metering infrastructure solutions. Noting such confirmation, Viper Networks CEO will be traveling to Colombo, Sri Lanka to accompany the first delivery of LED street light units in the month ahead, which will include the wireless meter reading feature built-in to the all-in-one housing unit, and meet with Sri Lanka officials as the Company begins the anticipated LED Street Light pilot project prior to commencement of a city wide roll-out shortly after pilot success.
 
If the Company is able to obtain the additional wireless meter reading option approval after review by Sri Lanka's Minister of Water Management, shareholders and potential investors should note that each LED Street Light priced in the range of $500 to $1000 will more closely price out at the latter figure per unit.