Alternet Systems, Inc. (ALYI) Debuts Updated Internet Presence Including Mobile Commerce Industry Resources

MIAMI, FL--(Marketwire - March 30, 2010) -  Alternet Systems, Inc. (OTCBB: ALYI) today announced that it has updated its corporate website www.alternetsystems.com. The new website was designed in part to keep the investor community better informed of Alternet's accomplishments and goals in enabling secure mobile commerce and transactions. In addition to offering a Media Center containing links to mobile commerce industry resources, the site also allows interested investors to sign up for the new Alternet Newsletter, which will be issued periodically.

Alternet focuses on mobile payment and M-commerce systems and solutions that tie together telecom operators, financial institutions, and payees such as mass public transportation and utility providers. Alternet has regional presences in 17 countries throughout the Americas and Caribbean through a network of fulfillment partners and agents and is actively developing business in Asia and East Africa.

Sign Up to Receive Regular Alternet Investor Updates

Alternet plans to issue regular investor updates via an email newsletter to its opt-in, permission-based email database. To join the email database, please visit www.alternetsystems.com and click on 'Newsletter' or send an email to ir@alternetsystems.com.

About Alternet Systems Inc. (www.alternetsystems.com)

Alternet Systems Inc. (OTCBB: ALYI), a US corporation headquartered in Miami, Florida, is a leading enabler of Mobile Commerce services in the Americas and Caribbean. Alternet has regional presences in 17 countries throughout the region through a network of fulfillment partners and agents. Alternet's subsidiaries provide a comprehensive suite of hosted and Software as a Service (SaaS) applications for the Utility, Transportation, Financial, and Telecommunication, and Retail industries. Alternet subsidiaries include Utiba Americas, a joint venture with Utiba Pte Ltd., the leading provider of mobile payment and financial transaction software and Tekvoice Communications, an established provider of hosted Voice over Internet Protocol (VOIP) billing services.

"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
 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:

Media Contact at Alternet:
Erin Clancy
VP Marketing
marketing@alternetsystems.com

Investor Relations Contact at Alternet:
Investor Relations
ir@alternetsystems.com
214-556-5927