Alternet Systems, Inc. (ALYI) CEO Dabrowski to Speak Tomorrow at Mobile Money Transfer (MMT) Americas Show in Mexico City

MIAMI, FL--(Marketwire - March 9, 2010) -  Alternet Systems, Inc. (OTCBB: ALYI) is participating in Mobile Money Transfer (MMT) Americas Show (http://www.mobile-money-transfer.com/americas) this week in Mexico City. During the show tomorrow, Henryk Dabrowski, CEO of Alternet, is scheduled to be an expert speaker in a panel discussion. He has been invited to contribute his professional experiences on hosted mobile technology in the mobile money market. Alternet is at the show this week to debut its recent joint-venture with Utiba Pte Ltd - Utiba Americas. Utiba, a leading global supplier of mobile financial transaction platforms for mobile operators and financial institutions, has entered into a joint partnership with Alternet systems to deploy a Software as a Service (SaaS) platform in the Americas and the Caribbean region focused on mCommerce and mobile financial services including Mobile Remittances, Micro Finance and Mobile Banking.

MMT Americas

MMT Americas is the first MMT event in the region and will feature several notable guest speakers to include Francisco Gil Diaz, President, Telefonica and Movistar and Jojo Malolos, former Mexico Minister of Finance. The show is expected to include key stakeholders in the mobile money transfer industry and provide the opportunity to learn firsthand from industry experts through several workshops, roundtables, and CEO Q&A sessions.

The show is expected to draw large numbers of financial institutions, retailers, and mobile operators interested in the opportunity of Mobile Commerce and Money Transfer in Latin America and the Caribbean, where more than 80% of the population owns a mobile phone but less than 40% has access to a bank account. The USA to Mexico is the world's largest remittance corridor, with Mexico the world's third largest recipient of remittances, taking in 26.3 billion dollars per year. 

About Alternet Systems Inc. (www.alternetsystems.com)

Alternet Systems Inc. (OTCBB: ALYI), a US corporation headquartered in Miami, Florida, is a leading enabler of Mobile Commerce services in the Americas and Caribbean. Alternet has regional presences in 17 countries throughout the region through a network of fulfillment partners and agents. Alternet's subsidiaries provide a comprehensive suite of hosted and Software as a Service (SaS) applications for the Utility, Transportation, Financial, and Telecommunication, and Retail industries. Alternet subsidiaries include Utiba Americas, a joint venture with Utiba Pte Ltd., the leading provider of mobile payment and financial transaction software and Tekvoice Communications, an established provider of hosted Voice over Internet Protocol (VOIP) billing services.

"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.

Contact Information:

Media Contact at Alternet:
Erin Clancy
VP Marketing
eclancy@alternetsystems.com

Investor Relations Contact at Alternet:
Investor Relations
ir@alternetsystems.com
214-556-5927