Alternet Systems, Inc. Featured in The Wall Street Transcript's Business Services and Education Issue

MIAMI, FL--(Marketwire - February 10, 2009) - Alternet Systems, Inc. (OTCBB: ALYI) today announced the inclusion of the Company in the "Business Services and Education" issue of The Wall Street Transcript (TWST), published February 9, 2009. The Wall Street Transcript interviewed Henryk Dabrowski, CEO of Alternet Systems, regarding Transtech Sino America, Inc., the Company's joint venture with TCPS, the largest provider of contactless fare collection products and services in China, Alternet's mobile commerce (M-commerce) initiatives and plans for 2009 and beyond.

Access to the interview is available to subscribers of The Wall Street Transcript at http://www.twst.com/perl/twst.pl?T.TCKR=ALYI&A.PAGE_CODE=&search.x=64&search.y=10.

Management Letter to Shareholders

Last week, Alternet CEO Henryk Dabrowski issued a letter to shareholders regarding the Company's e-ticketing and mobile transactions solutions, as well as an upcoming revised service and product strategy. The letter is available in its entirety at: http://finance.yahoo.com/news/Alternet-Systems-Management-iw-14222202.html.

About Alternet Systems (http://www.alternetsystems.com/)

Alternet Systems, Inc. (OTCBB: ALYI) provides: telecommunications services; education and health-care application software and systems; and electronic transaction platforms for the mass transportation and utility markets. Alternet Systems, Inc. is a U.S. corporation headquartered in Miami, Florida.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Contact Information: Contact: Red River Advisors 214-556-5927 alternet@redriveradvisors.com