SOURCE: Alternet Systems, Inc.

August 05, 2008 09:20 ET

Alternet Systems, Inc. to Conduct VCall Webcast Today at 12 pm EDT to Discuss E-Ticket Solution and Anticipated 24 Million Passenger Transactions in Year One

VANCOUVER, BC--(Marketwire - August 5, 2008) - Alternet Systems, Inc. (OTCBB: ALYI) management will conduct a Webcast today at 12 pm EDT to discuss the Company's recently announced wireless E-Ticket technology and pending initial contracts anticipated to process 24 million passenger transactions within the first year of operation.

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

Alternet has recently launched a communications campaign in conjunction with the roll out of its proprietary E-Ticket solution. 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 Fact Sheet, which provides a list of strategic partnerships, business sectors and relevant investment information 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 Alternet Systems (www.alternetsystems.com)

Alternet Systems, Inc. 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.

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