SOURCE: Alternet Systems, Inc.

Alternet Systems, Inc.

November 23, 2009 17:25 ET

Alternet Systems, Inc. Reviews 3rd Quarter Financial Report and Year-to-Date Corporate Updates

MIAMI, FL--(Marketwire - November 23, 2009) - Alternet Systems, Inc. (OTCBB: ALYI) today released an on-demand Webcast that reviews the Company's 3rd quarter financial report recently filed on SEC Form 10-Q. The review has been conducted by the Company CEO, Mr. Henryk Dabrowski. In the Webcast, Mr. Dabrowski discusses 2009 year-to-date financials, 2009 highlights and the Company's 2010 corporate outlook. Mr. Dabrowski further highlights the impact of the global economic recession on the Company's revenue year-to-date, Alternet's financial results compared to the same period in the previous year and the objectives of the Company for 2010. Finally, Mr. Dabrowski outlines a path to increase revenue and increase shareholder value.

A link to the Webcast is now available here and will be posted to the corporate website homepage www.alternetsystems.com shortly.

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.

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