Alternet Systems Inc.
OTC Bulletin Board : ASYI
FRANKFURT : EJM

Alternet Systems Inc.

November 22, 2006 10:20 ET

BUYINS.NET SqueezeTrigger Report Released. Approximately 2.7 million Shares Shorted Since January 2005. Squeeze Trigger Price is $0.16

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 22, 2006) - Alternet Systems Inc. (OTCBB:ASYI)(FWB:EJM) announced today that BUYINS.NET, www.buyins.net, is initiating coverage of Alternet Systems Inc. after releasing the latest short sale data to November 2006.

From January 2005 to November 2006 approximately 36.6 million total aggregate shares of ASYI have traded for a total dollar value of nearly $5.9 million. The total aggregate number of shares shorted in this time period is approximately 2.7 million shares. The ASYI SqueezeTrigger price of $0.16 is the volume weighted average short price of all short selling in ASYI. A short squeeze is expected to begin when shares of ASYI close above $0.16.

To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit WWW.BUYINS.NET, a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem

Alternet Systems Inc. (OTCBB:ASYI) builds state-of-the-art wireless broadband systems, Voice-over-IP, and Television over the Internet (IPTV) for rural communities, and health and educational institutions around the globe.

We seek safe harbor.

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