SOURCE: Alternet Systems, Inc.

Alternet Systems, Inc.

October 20, 2009 11:02 ET

Alternet Systems, Inc. Announces Channel Marketing Partnership With Customers Including Wal-Mart Brazil, Visa International, Hitachi, and Motorola

MIAMI, FL--(Marketwire - October 20, 2009) - Alternet Systems, Inc. (OTCBB: ALYI) began participating in the Greenfield Partnership program earlier this year. The Greenfield program was started to accelerate the introduction of new technologies into emerging markets around the world where technology buying is on the rise, while improving return on investment (ROI) potential. Through the Greenfield program, Alternet products and services will be added to a channel marketing partnership with a client list that includes Wal-Mart Brazil, DHL, Embraer, Avon, L-Oreal, Hitachi, Motorola and Visa International. The Greenfield program enables new technologies to be introduced in China, Southeast Asia, North and South America and Africa.

Greenfield Program Webcast and $0.28 PPS Suggested Fair Value Target

Alternet recently released an online, on-demand Webcast presentation hosted by the Greenfield program. The Webcast concentrates on the Company's mobile commerce and electronic ticketing payment services and solutions, with a special focus on these solutions in developing economies. The presentation includes a discussion of the Greenfield program and $0.28 suggested fair value target price per share.

A link to the presentation titled "Greenfield Program Presentation Featuring Alternet Systems, Inc." is available at http://www.newmarkettechnology.com/webcast_20091009.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.

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