SOURCE: Alternet Systems, Inc.

September 29, 2009 09:00 ET

Alternet Systems, Inc. Announces Greenfield Program Presentation

MIAMI, FL--(Marketwire - September 29, 2009) - Alternet Systems, Inc. (OTCBB: ALYI) today announced that it is scheduled to release a presentation on the Greenfield Program this Thursday, October 1. Earlier this year, Alternet became a Greenfield partner in a program introduced by NewMarket Technology, Inc. to accelerate the introduction of new technologies into new markets while improving return on investment (ROI) potential. Other Greenfield partner companies include China Crescent Enterprises, Inc. and NuMobile, Inc.

Alternet offers a wide range of mobile commerce and electronic ticketing payment services and solutions. The Company 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.

About Alternet Systems (http://www.alternetsystems.com/)

Alternet Systems, Inc. (OTCBB: ALYI) provides: telecommunications services; education and health-care application software and systems; and electronic transaction platforms for the mass transportation and utility markets. 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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