Contact Information: Contact: Investor Relations 214-556-5927 alternet@redriveradvisors.com
Emerging Market Greenfield Program Features Alternet Systems, Inc.'s M-Commerce and E-Ticketing Solutions for Developing Global Markets
On-Demand Presentation Available Online Today
| Source: Alternet Systems, Inc.
MIAMI, FL--(Marketwire - October 1, 2009) - Alternet Systems, Inc. (OTCBB : ALYI ) and its
mobile commerce and electronic ticketing payment services and solutions for
emerging markets have been featured in a Greenfield program presentation
being released today. Alternet's solutions focus on effective and
profitable 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. With the majority of the
population in emerging markets belonging to the "unbanked" sector, mobile
banking opens up a major opportunity to deliver financial services to a
rapidly growing subscriber base. Penetration of mobile services around the
world has increased rapidly, with the subscriber base worldwide growing
from just over 11 million mobile phone users in 1990 to over 3 billion in
2008. Growth is particularly impressive in developing economies. With only
1 billion bank accounts worldwide and close to 4 billion mobile phone
subscribers, both mobile network operators and financial institutions
recognize the value proposition in offering mobile financial services.
Greenfield Program's Focus on Technology in Emerging Markets
The Greenfield program has been developed to accelerate the introduction of
new technologies into emerging markets around the world where technology
buying is on the rise, while improving return on investment (ROI)
potential. Alternet has been participating in the Greenfield program this
year with a focus on Latin America.
Earlier this week, Alternet Systems announced plans to jointly pursue the
mobile computing and smartphone market in Central and South America with
NuMobile, Inc, also part of the Greenfiled program. NuMobile is building a
portfolio of proprietary software product offerings for the smartphone and
mobile computing market complimenting Alternet's m-commerce and e-ticketing
solutions. A link to the presentation will be available at
http://www.numobileinc.com/Webcast_10_01_09.html later today.
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.
"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.