Alternet Systems, Inc. Announces Greenfield Program Anticipated to Drive Top and Bottom Line Growth

Greenfield On-Demand Webcast May 7th to Feature Alternet


MIAMI, FL--(Marketwire - May 6, 2009) - Alternet Systems, Inc. (OTCBB: ALYI) today announced partnering with the Greenfield Program. The Greenfield program accelerates the introduction of new technologies into new markets enhancing early stage top and bottom line growth. The program is specifically designed to improve the return on investment (ROI) potential of emerging technology and emerging market business initiatives. Alternet will be featured in a Webcast on the program May 7th.

Alternet Systems offers m-commerce, e-ticketing and communications services and solutions for the Utilities, Public Transportation, Financial, and Telecommunications industry segments. Alternet solutions enable the development of effective and profitable mobile payments and m-commerce eco-systems that include telecom operators, financial and payment processing institutions, public transportation and utilities providers, merchants, distributors and retailers -- locally and globally. Alternet is today a global company with clients in more than 10 countries.

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: Investor Relations 214-556-5927 alternet@redriveradvisors.com

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