SOURCE: Alternet Systems, Inc.

Alternet Systems, Inc.

November 16, 2009 10:25 ET

Alternet Systems, Inc. Schedules Webcast to Review 3rd Quarter Financial Report on Monday, November 23rd

MIAMI, FL--(Marketwire - November 16, 2009) - Alternet Systems, Inc. (OTCBB: ALYI) plans to release an on-demand Webcast on Monday, November 23rd to review the Company's 3rd quarter financial report. The review will be conducted by the Company CEO, Mr. Henryk Dabrowski. Management plans to make the Company's auditor-reviewed financial statement through the 3rd quarter of 2009 available for public review prior to the scheduled Webcast. Questions regarding the 3rd quarter financial report can be emailed to ir@alternetsystems.com prior to the Webcast. A link to the Webcast is scheduled to be posted to the corporate website homepage www.alternetsystems.com upon release on Monday, November 23rd.

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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