Alternet Systems, Inc. to Be Featured in Presentation Focused on Emerging Market Growth With Emerging Market Index up 60%


MIAMI, FL--(Marketwire - September 30, 2009) - Alternet Systems, Inc. (OTCBB: ALYI) is scheduled to be featured in a Greenfield program presentation tomorrow, October 1. The Greenfield program has been developed 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. Alternet has been participating in the Greenfield program this year with a focus on Latin America.

Earlier this week, the Wall Street Journal published an article titled, "'Emerging' Stock Markets Are Looking Better." According to the article, nations outside of the U.S. and developed Europe, which now comprise nearly half of the global gross domestic product, are being viewed in a different light since the financial crisis. The recent financial crisis, coupled with the low predictions of growth in developed nations, has given new appreciation to the potential growth in emerging economies. The article also notes the strong performance of emerging market stocks this year stating, "The widely followed MSCI Emerging Market index, which tracks emerging-markets shares, is up 60% this year, compared with a gain of 10% for the Dow Jones Industrial Average. (The Dow fell 1.6% last week.)"

The article can be found in its entirety at: http://online.wsj.com/article/SB125399713181243611.html?mod=WSJ_hpp_section s_personalfinance.

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.

Contact Information: Contact: Investor Relations 214-556-5927 alternet@redriveradvisors.com