SOURCE: Alternet Systems, Inc.

Alternet Systems, Inc.

November 29, 2011 09:00 ET

Alternet Systems, Inc. (ALYI) Subsidiary Expands Portfolio of Mobile Security Services

International Mobile Security (IMS) to Distribute Proprietary Mobile Security Solutions of UK-Based Technology Firm

MIAMI, FL--(Marketwire - Nov 29, 2011) - Alternet Systems, Inc. (OTCQB: ALYI) (PINKSHEETS: ALYI) today announced the conclusion of an exclusive master distribution agreement between Alternet's subsidiary, International Mobile Security (IMS) and UK-based technology and systems integration company, Delma MSS, for the re-sale of Delma's mobile security solutions in the Western hemisphere.

Under this agreement IMS will be the exclusive master distributor of Delma's products and services in the Americas. Delma's technology provides mobile security solutions to global law enforcement agencies and mobile network operators, focusing on the following areas:

  • Asset location and recovery
  • Security and forensics
  • GSM network surveying

IMS will offer these solutions to its existing clientele and contacts within the international law enforcement community, in conjunction with its existing portfolio of proprietary mobile security services.

Delma will also offer IMS' services to its global customer base, and the two companies have already identified a series of joint research and development projects to pursue.

IMS CEO Juan Cubides explained, "The inclusion of Delma's services into our mobile security portfolio further reinforces our offering to international law enforcement agencies. It is a perfect complement to our existing technologies and sales in this vertical market segment."

"Our agreement with IMS will bring us wider geographical coverage and result in a more comprehensive solutions portfolio for our partners and customers. We are excited by the opportunities that we have already begun to explore," said Gordon McKay, CEO of Delma MMS.

About Alternet Systems, Inc. and IMS
Alternet Systems, Inc. (OTCQB: ALYI), a US corporation headquartered in Miami, Florida, is a leading enabler of Secure Mobile Commerce and Communications 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 (SaaS) 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 International Mobile Security (IMS) a provider of mobile communications security products and services.

IMS provides mobile and digital security solutions for law enforcement, corporations and consumers through resellers, using proven, proprietary and patented technology, obtained through acquisition and in exclusive reseller agreements.

About Delma MSS
Delma is a UK-based technology and systems integration company that supplies products and services to private sector and Government clients through direct and reseller channels, expanding through partners into North and South America, Middle East, Africa, Europe, SE Asia, and Australasia. The company's management and technology development team have many years of experience in the mobile security industry.

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
    Email Contact

    Investor Relations Contact at Alternet:
    Investor Relations
    Email Contact

    Alternet Systems, Inc.
    South Bayshore Drive
    Suite 220-12
    Miami, FL 33133, USA
    T +1 (786) 265-1840
    F +1 (786) 513-2887