SOURCE: Alternet Systems, Inc.

Alternet Systems, Inc.

February 22, 2010 10:04 ET

Alternet Systems, Inc. Featured in Independent Analyst Report on NewMarket Technology, Inc. Rating NewMarket a 'Buy' With a $1.47 Target Price per Share Recommendation

Alternet to Be Featured in Greenfield Partnership Program Webcast Tomorrow

DALLAS, TX--(Marketwire - February 22, 2010) - Alternet Systems, Inc. (OTCBB: ALYI) today announced that the Company's mobile commerce strategy has been featured in an independent analyst report on NewMarket Technology, Inc. (PINKSHEETS: NWMT) rating NewMarket a 'buy' with a $1.47 target price per share recommendation. A review of the Greenfield Program, including Alternet, is included in the analyst report. New updates on Alternet's business development progress, to include a strategic joint venture agreement anticipated to drive Alternet to $75 million in annual revenue within five years, will be reviewed in a Greenfield Partnership Program Webcast scheduled for release tomorrow, Tuesday, February 23rd, 2010.

NewMarket started the Greenfield Partnership Program 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. Greenfield Program participant companies have been chosen to participate in the partnership program based on their technology and service offerings in conjunction with the emerging geographic markets in which they operate.

The independent analyst covering NewMarket is a Certified Financial Analyst (CFA) in accordance with the CFA Institute Code of Ethics and Standards for Professional Conduct. The analyst has previously conducted research for a number of Western European and North American financial institutions, including Janney Montgomery Scott. NewMarket engaged the analyst and paid for the services prior to any recommendation rating or price target to ensure objective research.

A link to the Greenfield Partnership Program Webcast will be published upon release tomorrow.

If you would like a copy of the report, please visit the Investor Relations section of the NewMarket website at www.newmarkettechnology.com or email ir@newmarkettechnology.com.

About Alternet Systems Inc. (www.alternetsystems.com)

Alternet Systems Inc. (OTCBB: ALYI), a US corporation headquartered in Miami, Florida, is a leading enabler of Mobile Commerce services in the Americas and Caribbean. Alternet has regional presences in 16 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 Tekvoice Communications, an established provider of hosted Voice over Internet Protocol (VOIP) billing services.

"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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