Contact Information: Contact: Investor Relations 214-556-5927 ir@alternetsystems.com
Alternet Systems, Inc. Posts Exclusive Strategic Update Webcast on M-Commerce and E-Ticketing Solutions
| Source: Alternet Systems, Inc.
MIAMI, FL--(Marketwire - October 29, 2009) - Alternet Systems, Inc. (OTCBB : ALYI ) today
released an on-demand, strategic update Webcast presentation on the
Company's m-commerce and e-ticketing solutions. The Webcast reviews the
Company's acquisition pipeline and global sales pipeline and projections to
a potential $25 Million in annual revenue.
Alternet has recently announced partnerships to penetrate markets in Asia
and Africa, in addition to its current base of sales in Central and South
America. The Webcast reviews several of these partnerships, including the
recently announced partnership with NuMobile, Inc. (OTCBB : NUBL ) to jointly
pursue the mobile computing and smartphone market in Central and South
America, where Alternet currently offers its mobile payment solutions, and
in China. NuMobile is a young smartphone and mobile computing software
company growing through a roll-up strategy to build a portfolio of mobile
software solutions that are complimentary to the mobile payment solutions
offered by Alternet.
Alternet's Mobile Payment and M-Commerce Solutions
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 Webcast is available here:
http://www.newmarkettechnology.com/webcastgfalyi_20091029.htm.
About Alternet Systems (http://www.alternetsystems.com/)
Alternet Systems offers a wide range of mobile commerce and electronic
ticketing payment services and solutions. It facilitates the transition of
cash based transactions to mobile based cashless applications, by enabling
the end user with a simple, efficient and reliable mobile experience. From
M-Commerce Solutions IP Applications Billing to E-ticketing Services,
Alternet offers a comprehensive suite of applications for the Utilities,
Public Transportation, Financial, and Telecommunications markets. Its broad
range of solutions delivers affordable and efficient m-commerce platforms
that truly enable new customers, new merchants and new services. 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.