Alternet Systems, Inc. Featured on CEO Radio Network Discussing Strategic Partnerships and $24 Million 2009 Revenue Goal

MIAMI, FL--(Marketwire - August 18, 2008) - Alternet Systems, Inc. (OTCBB: ALYI) CEO Henryk Dabrowski was recently interviewed by John McDermott of CEO Radio Network. The interview highlights the Company's E-ticketing solution and $24 million 2009 revenue goal.

Additional highlights from the interview include:

--  Current share structure with less than 16 million issued and
    outstanding
--  Company's product and service offerings to include VoIP and wireless E-
    Transaction technology
--  Strategic partnership with TCPS of China for E-Ticketing and mass
    transportation solutions
--  Business development initiatives and current projects in Latin America
--  Revenue goal for 2009 and management team overview
    

To listen to the interview in its entirety, please visit www.ceoradionetwork.com, click on "Company Webcasts" and register. Registration is free.

Webcast Tomorrow, August 19 at 4:30 pm EDT

Alternet management will conduct a Webcast tomorrow at 4:30 pm EDT to review the Company's 2nd quarter and year-to-date financials and corporate revenue projections.

At the scheduled time, the Webcast will be available at http://www.investorcalendar.com/IC/CEPage.asp?ID=132993.

ALYI Corporate Fact Sheet

A new Investor Fact Sheet highlighting the Company's recent acquisition of TekVoice Communications, E-Transaction technology, mass transportation management services and strategic partnerships is now available.

If you are interested in receiving a copy of the Investor Fact Sheet call 214-556-5927 or send an e-mail to Red River Advisors, at alternet@redriveradvisors.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by e-mail.

About CEO Radio Network (www.ceoradionetwork.com)

The CEO Radio Network is a premier, interactive research tool which provides our listeners the opportunity to hear the latest corporate and business news first hand, directly from the source -- the decision makers of publicly-traded companies. The goal of the CEO Radio Network is to level the playing field for both the small-cap issuer and the small-cap investor at the same time. Our online services allow the small and micro-cap issuers access to high quality distribution, while investors are provided with an additional communication directly from the source. The CEO Radio Network provides links to supplementary corporate resources, including SEC filings. Our ASK THE CEO section allows registered users to submit questions which will be directed toward the management of our Featured Companies.

About Alternet Systems (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 with offices in Miami, Florida and Vancouver, British Columbia, Canada.

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