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Beacon Equity Research Featured Company: Viper Networks, Inc. (VPER.PK)

Viper Networks, Inc. (VPER.PK) provides voice over Internet protocol (VOIP) communications products and services for consumers, businesses, institutions, and Internet service providers worldwide.

Its products include vPhone, a USB powered telephone device that allows calls to various phone numbers worldwide over its global VOIP network; a USB powered IP phone adaptor that allows a user to connect any standard telephone to a personal computer in order to place calls over the Company’s global VOIP network; a WI-Fi Vphone; and the IP PBX which provides multi functional telephone features and calling services to business users.

The company sells its product through direct sales force, its web site, and third party resellers. It also sells wholesale minutes on its VOIP network to other telecommunications providers through its internal sales force.

While VoIP is expected to eventually replace the traditional telephone system, the immediate market for VoIP devices exists in developing countries where telephone costs are high and call quality is low. As a result, Viper Networks has been setting up its networks in countries backed by customers who make a large number of international calls. Viper Networks has four gateways in Brazil, six in Western Europe, two in Eastern Europe and one in El Salvador as well as Ghana, India, Israel, Sri Lanka and the United Kingdom.

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