Viper Networks Inc (OTCMKTS: VPER) And Toledo Solar have unveiled details about their new partnership and manufacturing agreement. Viper Networks happens to focus on the development of integrated Smart Cities systems and solutions. It is also known for the manufacture of LED Street Lights. On the other hand, Toledo happens to be a dynamic company focusing on developing Solar products.
The essence of the latest deal
The two hope to make game-changing moves. For example, Viper Networks Inc will be counting on the deal to facilitate its manufacturing activities in a single location. It is a move that will enable the company to deal better with its integrated services and products. The target is to move into a new position where the integrated services and products align to the more significant product demands from future international and domestic projects. The move is also geared towards getting to a point where the company succeeds in meeting all its current production requirements.
Toledo Solar’s world-class manufacturing facilities will be the ones housing the various manufacturing activities.
Details about The Strategic and Partnership Agreement
The Strategic U.S. Manufacturing and Partnership Agreement entails a lot about how the parties in question will go about their activities. The terms of the deal outline that the two will be responsible for the marketing and presenting each other’s products and technology to both the potential and the existing consumers.
They will focus on both the domestic and the international Smart City markets. They are also set to target some crucial segments within the United States economy. Examples of the areas they will be targeting include governmental facilities, universities, schools, colleges, commercial facilities, municipalities, and private institutions.
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