Alternet Systems Inc.
OTC Bulletin Board : ASYI

Alternet Systems Inc.

August 18, 2006 03:00 ET

Alternet Systems Inc. Engages Macam Corporate Relations and Finance-Markets.com

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 18, 2006) - Alternet Systems Inc. (OTCBB:ASYI) builds state-of-the-art wireless broadband systems that are specifically designed for the multi-million dollar rural internet access market. Alternet has engaged Macam Corporate Relations to expand Alternet's global corporate exposure, and media awareness.

Over two-thirds of the world's population lives in rural areas with little or no internet access. This translates into approximately 3 billion people whose schools, hospitals and homes have no internet. Alternet Systems corporate goal is to be the major provider of broadband internet access and services (Cellular, VOIP and TV over the Internet) to this large market.

Alternet's innovative wireless broadband network design, coupled with its proprietary SchoolWeb and HealthWeb software, give the Company a significant competitive advantage.

There are an estimated 110 "developing" countries in the world that have an urgent need for broadband internet connectivity for their rural areas. Alternet currently has three (3) countries signed up for pilot networks, in Eastern Europe, Latin America and Africa and is in discussions with thirty (30) more.

For more information and up to the minute reports please visit www.finance-markets.com or www.alternetsystems.com.

About Macam IR:

Founded in 2002, Macam Corporate Communications & Investor Relations www.macamgroup.com is a financial boutique which offers a unique blend of traditional investor relations services and web-based advertising and market data, based out of Calgary, Alberta, Canada. Their expertise is in the representation of emerging companies to the individual and professional investment community. Macam IR service assists with the composition of large media awareness campaigns and helps to expose its clientele to shareholders, while offering strategic assistance and consultation, via its financial media portal http://www.Finance-Markets.com. Macam's CEO, Cameron MacDonald stated, "We provide diligent and accurate results, designed to maintain the standards of your business, while excelling in professional capital market representation. Our mission is to provide our clients with the best quality business communications and strategic development, in order to maintain an above average level of corporate governance, and protect the long-term interests of the investment community."

Macam Group of Companies owns and operates Finance-Markets.com, an interactive financial media portal, supplying free service designed to ease the process of bringing public companies and top financial seeking brokers and investors, together. Live Market Data, Stocks, Charts, Quotes, Currencies, Commodities and a Top Financial magazine/newsletter, are supplied to the investment and financial community for free.

ON BEHALF OF THE BOARD OF DIRECTORS

ALTERNET SYSTEMS INC.

Michael Dearden, President

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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