Contact Information: Contact: Investor Relations 214-556-5927 ir@alternetsystems.com
Alternet Systems, Inc. Announces $0.28 PPS Suggested Fair Value Target as Presented in Greenfield Program Presentation
| Source: Bright Side, LLC
MIAMI, FL--(Marketwire - October 9, 2009) - Alternet Systems, Inc. (OTCBB : ALYI ) today
released an online, on-demand Webcast presentation hosted by the Greenfield
program. The Webcast concentrates on the Company's mobile commerce and
electronic ticketing payment services and solutions, with a special focus
on these solutions in developing economies. The presentation includes a
discussion of the Greenfield program and $0.28 suggested fair value target
price per share. Alternet has been participating in the Greenfield program
this year with a focus on Latin America. 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's solutions focus 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. 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.
A link to the presentation titled "Greenfield Program Presentation
Featuring Alternet Systems, Inc." is available at
http://www.newmarkettechnology.com/webcast_20091009.htm.
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.