Chuck Mikolajczak, Reuters

Wall Street edges up on Greece, Disney earnings

Stocks edged higher on Wednesday as hopeful investors awaited the latest attempt by Greece to reach a deal on reforms in exchange for a new bailout.

The delays stirred European Union officials to warn Greece the euro zone could continue without the fiscally troubled nation, which needs a rescue package to avoid an unruly default.

"They are pretty close on the debt talks, and it looks like the prime minister is getting the various members of his coalition in line (so) that they may actually get this done," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

"These folks have been at it for a very long time. They have been fighting with this issue for about eighteen months, so they really do see this as, ‘We have to get it right this time.’"

Read More >>

Yesterday’s Top Performing Small Cap Stock:

Attitude Drinks Incorporated (OTCBB: ATTD)

Attitude Drinks Incorporated was a SmallCapVoice top performer closing up over 11% on trading volume of 10,154,211 shares.

Attitude Drinks Inc. is an innovative beverage brand development company with pure milk-based recovery drink that exploits recent scientific evidence confirming the benefits of milk and protein as an exercise recovery aid. Phase III is sold in select local, regional and national markets, including colleges, universities, convenience stores, fitness centers and gyms, as well as online.

Read More >>

Today’s SmallCapVoice.com Hot Stock to Watch:

PositiveID Corporation (OTCBB: PSID)

PositiveID Corporation Announces Initiation of Clinical Trial of Its Easy Check Non-Invasive Breath Glucose Detection Device

Independent Clinical Trial to Run for a Period of Six Months and Focus on People With Type 1 Diabetes

Currently under development in Israel, Easy Check is a non-invasive breath glucose detection device that measures the level of acetone in a patient’s exhaled breath and correlates that acetone level to a measure of blood glucose. The Easy Check technology is based on a patent-pending reagent cell that mixes a patient’s exhaled air with a proprietary chemical compound, triggering a chemical reaction. The reaction is measured and software in the Easy Check device then interprets the measurement and correlates the patient’s acetone level to the level of glucose in the body. The goal of Easy Check is to eliminate a patient’s need to prick his or her finger multiple times per day to get a blood sugar reading.

Read More >>

Viper Networks, Inc. (Pink Sheets: VPER)

A New Audio Interview With Farid Shouekani, President and CEO of Viper Networks, Inc., Is now at SmallCapVoice.com

AUSTIN, Texas, Feb. 8, 2012 /PRNewswire/ — SmallCapVoice.com, Inc. announced today that a new audio interview with Viper Networks, Inc. (Pink Sheets: VPER) is now available. The interview can be heard at http://smallcapvoice.com/blog/2-6-12-smallcapvoice-interview-with-viper-networks-pink-sheets-vper

Read More >>

Other Small Cap News

Elray Resources Inc. (OTCBB: ELRA)

Elray Gaming Retains South Street Media as Public Relations Firm

Melissa J. Diaz, the President of South Street Media commented, "The recent changes from the US Dept. of Justice regarding online gaming set the stage for potential strong growth for the online gaming sector in the United States. South Street Media feels the firms that can establish their name, hold the technology, and have been compliant with the gaming laws in the past, have the best prospects to gain market share as new legislative rules become effective. We feel Elray Gaming meets the criteria, and we look forward to assisting them in expanding their corporate message to the investment community."

Read More >>

TechPrecision Corporation (OTCBB: TPCS)

TechPrecision Corporation Schedules Conference Call to Report Third Quarter Fiscal 2012 Financial Results

WESTMINSTER, Mass., Feb. 7, 2012 /PRNewswire/ — TechPrecision Corporation (OTC Bulletin Board: TPCS), an industry leading manufacturer of precision, large-scale fabricated and machined metal components and systems with customers in the alternative energy, cleantech, medical, nuclear, defense, aerospace and other commercial industries, today announced it will announce financial results for its third quarter of fiscal 2012, the period ended December 31, 2011, on Tuesday, February 14, 2012, after the market closes.

Read More >>

Spur Ventures Inc. (OTCBB: SPVEF)

Spur Shareholders Approve the Sale of Spur BVI to Hong Tang Vision Ltd For $9.25 Million

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 7, 2012) – Spur Ventures Inc. ("Spur" or the "Company") (TSX:SVU)(OTCBB:SPVEF) is pleased to announce that the Company received shareholder approval at the Special Shareholders’ meeting held on February 7, 2012 in Vancouver for the proposed sale of its wholly-owned subsidiary, Spur Chemicals (BVI) Inc. ("Spur BVI") to Hong Tang Vision Ltd ("Hong Tang"), a limited liability company registered in the Cayman Islands for cash proceeds of $9.25 million.

Read More >>

Oracle Mining Corp. (OTCQX: OMCCF)

Oracle Mining Appoints Doug Nicholson as Chief Operating Officer

Mr. Nicholson will lead the Oracle Mining operations team in the re-start of the Oracle Ridge Copper Mine near Tucson, Arizona. He has extensive experience in the construction and management of mining operations in North America and will also be directly involved in all aspects of the Corporation’s strategic planning and business development.

Read More >>

Continental Prison Systems, Inc. (Pink Sheets: CPSZ)

Continental Prison Systems, Inc. (CPSZ) Continues Expanding Client Base in 2011

IRVINE, Calif., Feb. 8, 2012 (GLOBE NEWSWIRE) — Continental Prison Systems, Inc. (Pink Sheets:CPSZ), dba EZ Card & Kiosk, the industry leader in offering financial transaction services to the correctional and judicial markets in the US since 2008, is expanding aggressively leading into 2012 with the addition of seven county jail clients during 2011, representing an additional 2,600 ‘average daily population’ of inmates under the EZ Card & Kiosk suite of services.

Read More >>

Gold Dynamics Corp. (OTCQB: GLDN)

Gold Dynamics to Acquire Mining Properties in Canada

LAS VEGAS, NEVADA–(Marketwire – Feb. 8, 2012) – Gold Dynamics Corp. (GLDN) (OTCBB:GLDN)(OTCQB:GLDN) (http://www.golddynamics.com) announced today that it has entered into an agreement to acquire the Lake Ste-Anne property from Fayz Yacoub, P. Geo and Remy Yacoub.

Read More >>

American Energy Development Corp. (OTCBB: AEDC)

American Energy Development Corporation Announces $7,800,000 Financing With Institutional Investor

Joel Felix, Chief Financial Officer of American Energy Development Corp., said, "I’m delighted that we know we have capital backing to finance our long-term development strategy for the company. The equity investment structure will allow all funding received to be allocated to growing the company, while not burdening the company with servicing any debt."

Read More >>

About SmallCapVoice.com

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its audio interviews, as well small cap company’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our company information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

IMPORTANT DISCLAIMER – PLEASE READ THOROUGHLY
SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that the information is accurate. It is important for you to verify all information by your own independent research. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our website or in our e-mail communications.

About Penny Stocks

Contact:

Stuart T. Smith CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com

AUSTIN, Texas, Feb. 8, 2012 /PRNewswire/ — SmallCapVoice.com, Inc. announced today that a new audio interview with Viper Networks, Inc. (Pink Sheets: VPER) is now available. The interview can be heard at http://smallcapvoice.com/blog/2-6-12-smallcapvoice-interview-with-viper-networks-pink-sheets-vper

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/services.html.

Viper Network shareholders and potential investors are encouraged to follow the Company’s progress closely and keep the symbol VPER on their watch list for more news announcements and press releases.

For additional information, please visit www.vipernetworks.com, www.LEDsAmerica.com and www.LEDOglobal.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.

Contact:
Heritage First Capital
Scott Gibson, 407-444-5959

Contact for SmallCapVoice.com:
Stuart T. Smith
512-267-2430
info@smallcapvoice.com

SOURCE SmallCapVoice.com, Inc.

Farid Shouekani Chief Executive Officer of Viper Networks, Inc. (Pink Sheets: VPER) called in to SmallCapVoice.com to discuss the company’s business model and latest news.

Viper Networks, Inc. (“Viper” or the “Company”), a Nevada corporation, was founded in September 2000 by a team of experienced entrepreneurs who have a successful track record in building both private and public companies. The Company is a full service integration and application services provider (“ASP”) of worldwide Voice over Internet Protocol (“VoIP”) telephony services, including the transmission of voice and data traffic for communications carriers and provision of enhanced Web-based and other communications services to businesses, institutions and ISPs. VoIP telephony is the real time transmission of voice communications in the form of digitized “packets” of information over the Internet or a private network, similar to the way in which e-mail and other data is transmitted. Viper specializes in the provision of VoIP telephony services and the cost-effective design, implementation, maintenance and management of network-based voice and data communications. Viper has been pioneering VoIP services and technology for more than nine years. For more information, please visit www.vipernetworks.com.

TROY, MI — (Marketwire) — 11/11/09 — Viper Networks, Inc. (PINKSHEETS: VPER) and Joint Venture partner Cirilium India Pvt. LTD (merger pending), announce that they have recently begun deployment for a redundant telecommunications network between Thailand and India, after previously concluding comprehensive agreements with Globalcom Information Services Pte. Ltd.

The Company’s dedicated and protected circuits will be installed between Viper Networks’ equipment in Thailand and India, to provide a full spectrum of national and international telecommunication services from Thailand.

As previously announced, the Company entered into an Agreement with Globalcom for sales, distribution and other value-added services throughout their extensive network in Malaysia and the India Subcontinent.

Viper Networks is also pleased to announce that this initial deployment in Thailand is ahead of schedule and that the Company’s operations for this country will officially launch immediately upon completion, which is expected by December 31, 2009.

Globalcom Information Services (GIS) is a leading global Infocomm service provider that specializes in network engineering, computer telephony integration technologies and business process consultancy. GIS provides Infocomm services through the household brand names, Gobalcom and SayHi, utilizing an extensive network of business partners throughout the Asia-Pacific region.

For more information about Globalcom, please visit http://www.GIS.com.sg

For further information, contact Rich Kaiser, Investor Relations YES INTERNATIONAL, 800.631.8127 or e-mail to info@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 and actual results may differ materially.

CONTACT:
RICH KAISER
800-631-8127

Stocks are giving back some of the previous day’s big gains as consumer spending dips

Personal spending fell 0.5 percent in September, the Labor Department reported Friday, in line with forecasts. That follows a 1.3 percent jump in August fueled by the government’s popular Cash for Clunkers car rebate program.

The market is paying close attention to indicators of consumer spending, which is still in a slump despite improvements in other parts of the economy such as manufacturing and housing. Spending by consumers makes up a major part of the U.S. economy.

The Dow Jones industrials jumped nearly 200 points on Thursday following a strong report on gross domestic product growth in the third quarter, but many economists worry that much of that growth came from government stimulus measures and that weak spending by consumers will continue to hold the economy back.

The Labor Department also reported Friday that personal income was flat in September compared with the previous month, in line with expectations.

A lack of income growth is due, in part, to ongoing high unemployment rates. With jobs scarce, employers face little pressure to raise pay. The Labor Department said the cost of wages, health care and other benefits increased by 1.5 percent in the year ending Sept. 30. It was the smallest increase since records began in June 1982.

On Thursday, investors cheered a government report that the economy grew at 3.5 percent in the third quarter after four straight quarters of declines. It was the most promising evidence yet that the longest recession since the 1930s has ended.

In early trading, the Dow fell 59.17, or 0.6 percent, to 9,903.41. The Standard & Poor’s 500 index fell 5.40, or 0.5 percent, to 1,060.71, and the Nasdaq composite index lost 6.01, or 0.3 percent, to 2,091.54.

Yesterday’s Top Performing Small Cap Stock:

Mantra Venture Group Ltd. (OTC BB: MVTG) was a SmallCapVoice.com top performer yesterday closing up over 19% on trading volume of 386,803 shares.

Mantra Venture Group Ltd. announced that it has signed a Letter of Intent (LOI) with King Fahd University of Petroleum & Minerals (KFUPM) based out of Dhahran, Saudi Arabia. Under the terms of the LOI, Mantra and KFUPM’s Center for Refining and Petrochemicals (CRP) have expressed a mutual interest to explore and research new processes that would use Mantra’s Electroreduction of Carbon Dioxide (ERC) reactor, a form of carbon recycling.

Current processes developed by Mantra have been demonstrated as effective in converting CO2 into a variety of valuable chemicals, including: formate salts, formic acid, oxalic acid and methanol. While each of these end-products has a significant market value, Mantra is now looking to create additional value in its ERC technology by expanding this list. The CRP Research Institute of KFUPM has extensive capabilities in product research and application, is very knowledgeable about the petrochemicals industry, and can help Mantra achieve its goal.

Read More »

Today’s SmallCapVoice.com Hot Stock to Watch:

Viper Networks, Inc. (Pink Sheets: VPER)

Viper Networks, Inc., a global telecommunication network operations and technical management company, announced today that it has signed a Letter of Intent to acquire a 49% interest of a privately held, profitable construction company based in Saudi Arabia, for a combination of cash and stock.

Farid Shouekani, President of Viper Networks, commented: “As we continue to aggressively expand our telecommunications division, this acquisition not only provides the Company with a sizable investment in existing real estate and construction projects throughout the Middle East, but also provides us immediate access to a well established team of proven professionals to help bring our non-teleco related projects to fruition in the Company’s emerging real estate, construction and energy divisions.”

Mr. Shouekani continued, “This additional interest in high-quality properties in our core markets represents an excellent opportunity for Viper Networks to add value with a modest investment.”

Read More »

About SmallCapVoice.com

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Stuart T. Smith CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com

TROY, MI — (Marketwire) — 10/29/09 — Viper Networks, Inc. (PINKSHEETS: VPER), a global telecommunication network operations and technical management company, announced today that it has signed a Letter of Intent to acquire a 49% interest of a privately held, profitable construction company based in Saudi Arabia, for a combination of cash and stock.

Farid Shouekani, President of Viper Networks, commented: “As we continue to aggressively expand our telecommunications division, this acquisition not only provides the Company with a sizable investment in existing real estate and construction projects throughout the Middle East, but also provides us immediate access to a well established team of proven professionals to help bring our non-teleco related projects to fruition in the Company’s emerging real estate, construction and energy divisions.”

Mr. Shouekani continued, “This additional interest in high-quality properties in our core markets represents an excellent opportunity for Viper Networks to add value with a modest investment.”

The Company anticipates completing due diligence, closing this acquisition and announcing the financial and other pertinent details within the next 45 days.

For information, visit www.vipernetworks.com, or contact Rich Kaiser, Investor Relations (800) 631.8127 or e-mail info@vipernetworks.com.

This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. These statements are based on information available to the Company as of the date hereof; and Viper Networks’ actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business.

CONTACT:
RICH KAISER
800.631.8127

Stocks are moving higher after a new report showed home prices rose for the third consecutive month in August

The gains came a day after investors uneasy about the strength of an economic recovery pummeled stocks for the second straight day and for the fourth time in the last five days.

Overseas, Asia markets fell overnight following declines Monday in the U.S. In Europe, markets have steadily advanced throughout the day.

The Standard & Poor’s/Case-Shiller home price index, which measures housing prices in 20 major metropolitan markets, rose 1 percent in August from July, marking the third straight monthly improvement.

Prices fell 11.4 percent compared with August 2008, less than the 11.9 percent slide predicted by economists polled by Thomson Reuters. The year-over-year drop has slowed since February, indicating the housing market is starting to rebound.

The Dow Jones industrial average rose 37.49, or 0.4 percent, to 9,905.45. The Standard & Poor’s 500 index rose 3.59, or 0.3 percent, to 1,070.54, while Nasdaq composite index rose 4.36, or 0.2 percent, to 2,146.21.

Yesterday’s Top Performing Small Cap Stock:

Viper Networks, Inc. (Pink Sheets: VPER) was a SmallCapVoice.com top performer yesterday closing up over 5% on trading volume of 1,349,610 shares.

Viper Networks, Inc., a global telecommunication network operations and technical management company, announced today that it has successfully finalized, pending final regulatory approvals, the acquisition merger with Cirilium India Pvt. Ltd.. This merger with the Company’s joint venture partner, upon completion, will entail a combination of cash, stock and certain technical and operational management contributions.

As previously announced, Cirilium India Pvt. Ltd., based in Chennai, India, is a profitable communications provider with a world class multi-gigabit, multi-protocol convergent IP infrastructure that provides convergent services like voice, data and video through the same Backbone and Broadband Access Network.

The consummation of this merger transaction with Cirilum, provides the Company with the exclusive franchise rights with Bharat Sanchar Nigam, Ltd. (BSNL), and majority ownership for operating the awarded India license both inside and outside of the country.

BSNL is the 7th largest telecommunications company in the world, with approximately 49 million customers worldwide. Viper Networks exclusive rights allows the Company to offer a full spectrum of national and international telecom services, beginning with VoIP, Calling Cards and Pinless Accounts. The calling cards will enable users to call from any landline, mobile, PC or VoIP enabled device from any country where it is being launched.

Today’s SmallCapVoice.com Hot Stock to Watch:

Visual Management Systems, Inc. (OTC BB: VMSY)

A New Audio Interview with Jason Gonzalez, President and CEO of Visual Management Systems is now at SmallCapVoice.com. The interview can be heard at http://smallcapvoice.com/blog/10-22-09-audio-interview-with-visual-management-systems-inc-otcbb-vmsy/.

Visual Management Systems, Inc. (‘VMS’) provides video surveillance solutions to small and mid-size enterprises. VMS’s products and services help businesses, government agencies and educational institutions prevent crime, ensure safety, enhance productivity and improve service. Businesses using VMS technology include 7-11, Applebee’s, Best Western Hotels, Duncan Donuts, KFC, NAPA, Residence Inn, Taco Bell, TGI Fridays and more. Since its inception, VMS has been committed to developing and implementing industry-leading video security technology at affordable price points.

About SmallCapVoice.com

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Stuart T. Smith CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com

TROY, MI — (Marketwire) — 10/27/09 — Viper Networks, Inc. (PINKSHEETS: VPER), a global telecommunication network operations and technical management company, announced today that it has successfully finalized, pending final regulatory approvals, the acquisition merger with Cirilium India Pvt. Ltd.. This merger with the Company’s joint venture partner, upon completion, will entail a combination of cash, stock and certain technical and operational management contributions.

As previously announced, Cirilium India Pvt. Ltd., based in Chennai, India, is a profitable communications provider with a world class multi-gigabit, multi-protocol convergent IP infrastructure that provides convergent services like voice, data and video through the same Backbone and Broadband Access Network.

The consummation of this merger transaction with Cirilum, provides the Company with the exclusive franchise rights with Bharat Sanchar Nigam, Ltd. (BSNL), and majority ownership for operating the awarded India license both inside and outside of the country.

BSNL is the 7th largest telecommunications company in the world, with approximately 49 million customers worldwide. Viper Networks exclusive rights allows the Company to offer a full spectrum of national and international telecom services, beginning with VoIP, Calling Cards and Pinless Accounts. The calling cards will enable users to call from any landline, mobile, PC or VoIP enabled device from any country where it is being launched.

Mr. Tom Otrok, Viper Networks’ President of International Operations, states: “From our exclusive rights with BSNL alone, significantly increased sales have already begun. By confirming these initial sales numbers, we are now projecting approximately 250,000 new customers by the end of this year. With each new customer estimated to sign up at an average monthly fee of $19.95, the total monthly reoccurring revenues would equal $5 million, of which BSNL will retain $2.5 million and Viper Networks would retain the other half or $2.5 million in direct revenue generating monthly fees.”

Mr. Otrok continued: “Once again, from just our India license and exclusivity rights with Bharat Sanchar Nigam, our high-end targeted projections for calendar year 2010 are 2,500,000 customers, with a 24 month target of 5,000,000 customers paying an estimated $19.95 per month in 2011. Achieving the five million customer target would generate approximate monthly revenues of $50 million to Viper Networks. With estimated gross profits of 60%, this would represent $30 million per month in gross profit for the Company and an annualized gross profit over twelve months equaling $360,000,000.”

Mr. Farid Shouekani, President of Viper Networks, comments: “We are extremely pleased to consummate this merger transaction. Not only does this give Viper Networks a larger interest in the highly prized India Joint Venture, but provides the Company direct access to the other licenses owned by Cirilium. We expect to announce the progress on these additional licenses in the near future.”

For information, visit www.vipernetworks.com, or contact Rich Kaiser, Investor Relations (800) 631.8127 or e-mail info@vipernetworks.com.

This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. These statements are based on information available to the Company as of the date hereof; and Viper Networks’ actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business.

CONTACT:
RICH KAISER
800.631.8127

Stocks are mixed as investors dismiss sharp rise in sales of existing homes; Amazon and Microsoft report strong earnings

Stock investors are dismissing a big jump in sales of existing homes last month as an aberration.

Stocks remain mostly lower Friday following a report that September home sales soared 9.4 percent, nearly double analysts’ forecasts. It was the highest level in more than two years as buyers raced to complete purchases before a tax credit expires.

The market is lower after a big spike Thursday and with little new information to trade on after a busy week of earnings. Strong profits from Amazon.com and Microsoft are drawing some buyers to tech stocks.

The Dow Jones industrial average is down 50 at 10,031. The Standard & Poor’s 500 index is down 5 at 1,088, while the tech-heavy Nasdaq composite index is up 9 at 2,174.

Yesterday’s Top Performing Small Cap Stock:

Cellceutix Corporation (OTC BB: CTIX) was a SmallCapVoice.com top performer yesterday closing up over 43% on trading volume of 2,000 shares.

Cellceutix Corporation is a preclinical cancer and anti-inflammatory drug developer. Cellceutix owns the rights to seven drug compounds, including Kevetrin, which it is developing as a treatment for certain cancers, and KM-133, which it is developing for the treatment of psoriasis.

Today’s SmallCapVoice.com Hot Stock to Watch:

Viper Networks, Inc. (Pink Sheets: VPER)

Viper Networks, Inc., a telecommunication network operations and technical management company, announced that it has engaged a professional legal and accounting team to prepare and file a Form 10 Registration Statement with the SEC to commence the process of becoming a fully-reporting company once again, in addition to potentially seeking a higher market listing for the Company.

About SmallCapVoice.com

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Stuart T. Smith CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com

LAS VEGAS, Oct. 22, 2009 (GLOBE NEWSWIRE) — There is rarely news more welcome to investors of small and microcap equities than that of the company’s intention to be listed on a senior exchange. Such an ascension, when completed would bring both prestige and affirm progress, leveraging the company’s successes to date and opening doors to a new constituency of investors and brokers who might not have been compelled when the company was listed on a lesser exchange. And of course, there is the benefit of transparency that would come from a company being fully reporting as is requisite to any vertical move.

Today’s news by Viper Networks, Inc. (Pink Sheets:VPER) announcing that it has engaged a professional legal and accounting team to prepare and file a Form 10 Registration Statement with the SEC to begin the process of becoming a fully-reporting company and to potentially seek a higher market listing for the company should be well-received by investors.

On the heels of the company’s recent successes which include new networks deployed in Malaysia and Australia and significant business development in Bahrain and Singapore in October alone, it has indeed been a good month for Viper, and perhaps its shareholders.

Viper Networks, Inc. provides VoIP products and services through distributors and resellers around the world. Its network of VoIP gateways serves more than 350 countries and regions, and it is unique in offering both network services and equipment to its customers. The company is a provider of high quality and cost effective VoIP solutions for domestic and international long distance consumers in both the consumer and business markets. Secure, reliable communications is growing in demand in the global economy where distance is not an obstacle but communications costs are.

A report focusing on Viper Networks, Inc. (Pink Sheets:VPER) and of interest to investors of leading telecom companies AT&T (NYSE:T), Syniverse Holdings (NYSE:SVR), Ciena Corp. (Nasdaq:CIEN) and Verizon Communications (NYSE:VZ) has been published at:

www.SmallCapSentinel.com/vper

Locate every blog, news item, message board and more for any of these companies at financial search engine www.BoardMark.com

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