Viper Closes Suit

SAN DIEGO -- Viper Networks, Inc. (OTC:VPER), a leading innovator in voice-over-Internet protocol (VoIP) products and services, today announced they have received the final judgment clearly stating that Viper Networks has been successful in proving all points and issues in their binding arbitration against Greenland Corporation.

Viper Networks, Inc. Chief Executive Officer Mr. Farid Shouekani commented, "I am deeply gratified that we have been successful in protecting Viper Networks and its shareholders in the binding arbitration and the final award is clear that all stock and funds are to be returned to Viper Networks at once."

Mr. Shouekani concluded, "It is unfortunate that these types of experiences occur, however our belief in the facts and the encouragement of our shareholders has been proven in a court of law and we can now look to the future without this in the background."

Viper Networks Inc. (OTC: VPER)