Contact Information: Contact: Investor Relations 214-556-5927 ir@alternetsystems.com
Alternet Systems, Inc. Announces Greenfield Webcast to Present Updated Strategy and Suggested Fair Value Target Price per Share This Friday
| Source: Alternet Systems, Inc.
MIAMI, FL--(Marketwire - October 6, 2009) - Alternet Systems, Inc. (OTCBB : ALYI ) today
announced the Company is scheduled to release an online, on-demand Webcast
presentation on the Company's mobile commerce and electronic ticketing
payment services and solutions and a suggested fair value target price per
share this Friday, October 9.
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.
A link to the presentation is scheduled to be released on Friday.
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.