Alternet Systems Plans To Launch The Tesla Of Two-Wheel EV Transportation Targeting $140 Billion Segment Of $2 Trillion Market

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Dallas, TX – December 14, 2017 Alternet Systems, Inc. (USOTC: ALYI) today released an online presentation to highlight additional details regarding the company’s recently announced partnership discussions intended to open up China’s leading Electric Vehicle (EV) market for Alternet’s patented lithium energy solution.  

“China has been the largest automobile market in the world since 2009,” Said Randell Torno, CEO of Alternet Systems. “Pursuing such a target rich environment with an electric vehicle solution makes sense.  Even Elon Musk has recently committed to opening a Tesla research lab in Beijing.  Automobiles aside, China is also the largest motorcycle, scooter, moped and bicycle market in the world.  We believe our lithium battery patented technology can bring a great deal of value add to the automobile industry and we are definitely pursuing that market.  We believe the $140 billion two-wheel transportation segment is a good deal less crowded with competition than the $2 trillion automobile market.  And, the automobile market already has its Tesla.  We are developing partnerships to rapidly tackle the two-wheel transportation market in China and around the world. We plan to introduce the Tesla of two-wheel transportation.  Take some time to review our presentation to learn more about the overall global electric vehicle market, and in particular about the two-wheel transportation market, and the wheels we’ve put in motion to position Alternet as a leader in that market.”  

Alternet’s EV strategy presentation is available on the company’s website with the narrative of the presentation included in its entirety below:

Alternet's Lithium Technology Integration and Development Strategy

Alternet's business strategy is to partner with prominent third parties producing products and services that require stable, safe, long duration power in high impact operating systems. Within such partnerships, Alternet and each partner will together develop an integrated solution that includes a power component based on Alternet's lithium technology.  Alternet management has an extensive military background (see Alternet Management below) and that combined with high potential of the technology for applicability in military solutions presents a promising partnership development opportunity.

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( Learn More About Alternet’s Strategy Lithium For The $700 Billion DOD Sector )

At the same time, Alternet is also developing partnerships separate from the military industrial sector to include the Electric Vehicle (EV) and Hybrid Electric Vehicle (HEV) partners.

Alternet’s Patented $3 Million Lithium Energy Solution

On July 21, 2017, Alternet acquired Lithium IP Holdings in a transaction that included a management and business direction change. Previously, on June 23, 2017, Lithium IP Holdings executed an agreement with Air Products and Chemicals, Inc. (NYSE: APD) to exclusively license ten U.S. Patented lithium battery technologies with an option to acquire the ten U.S. Patents.  The value of the portfolio of patents has been estimated at approximately $3 million.

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Alternet Management Team

Randell Torno was named the new Alternet Systems Chairman and CEO when Alternet acquired Lithium IP Holdings. Edward Bollen was the President of Lithium IP Holdings, and he joined the Altnernet management team in conjunction with the acquisition of Lithium IP Holdings. Randell Torno and Ed Bollen both have a long background working with companies that are key participants in both industrial and military technology industries. Together they bring both public and private sector experience working in the military and intelligence sectors. Both retired from government service, but are still engaged in recurring work with foreign and domestic government agencies. In their experience, they have repeatedly come across demand for resilient energy solutions that meet industrial and military requirements for stable, safe, long duration power in high impact operating systems. Last year, they went to look for such a technology solution and found the portfolio of ten lithium energy technology patents that are now exclusively licensed to Alternet in an agreement that includes an option to purchase.

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In the first quarter of 2017, Mr. Torno and Mr. Bollen raised funds privately to research and ultimately acquire an energy storage technology that would satisfy industrial and military requirements for stable, safe, long duration power in high impact operating systems. The merger of the Air Products and Chemicals Lithium Patent Portfolio into Alternet is now public information.

The Automobile Market In China And Around The World

China has been the largest automobile market in the world since 2009 selling more automobiles than any other country that all together sell approximately 80 million cars each year worldwide for a cumulative $2 trillion.  According to a recent story published by CNBC, "China has emerged as the leading market player for electric and hybrid cars, accounting for approximately half of global sales." The CNBC report also reports, "China is not just focusing on electric vehicle manufacturing, but also buying up lithium projects and supporting the growth of battery producers, so they can control even more of the electric vehicle supply chain."

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Asia Pacific And Overall Global Two-Wheel Transportation Market Segment

The Asia Pacific region is also the largest motorcycle, scooter and moped market in the world.  The global market for motorcycles, scooters and mopeds in 2017 is expected to exceed 130 million units resulting in $120 billion in annual sales.  As per capita income in developing economic regions continues to improve, motorcycle, scooter and moped sales are correspondingly expected to grow.  Separately, the global electric bicycle market is growing and expected to reach $24 billion by 2025 ($144 billion in overall two-wheel vehicle annual sales).

The Tesla Of Two-Wheel Electric Vehicle Transportation

Within a strategic partnership, similar to Tesla’s rollout, Alternet expects to introduce a high-end electric motorcycle to capture the market’s attention, and then introduce a Model T like affordable electric, two-wheel vehicle to serve the developing economic market demand for primary transportation. The two-wheel transportation market is far less crowded with competitors than the automobile market and global per unit demand exceeds that of automobiles.  Alternet has the lithium battery technology that can put an electric two-wheel competitor on top of the market and the Alternet management team brings the necessary experience to execute a growth strategy in developing economic regions. Alternet plans to pursue the overall EV market with a particular focus on two-wheel transportation.

Summary

[(Patented Li Battery Technology + Key Strategic EV Partners) * China] 2-Wheels = New Tesla

Keep checking back as we develop and disclose the remaining variables in the equation.

Learn more on the company's website: www.otc-alyi.com or www.lithiumip.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:

Randell Torno
info@lithiumip.com
1 800 713 0297
https://www.otc-alyi.com/contact/

 

 

Alternet Systems Plans To Introduce Tesla Of Electric Motorcycles To Lead $120 Billion Market Opportunity

Dallas, TX – December 12, 2017 Alternet Systems, Inc. (USOTC: ALYI) announced today an online presentation scheduled for release on Thursday, December 14th, to highlight additional details regarding the company’s recently announced partnership discussions intended to open up China’s leading Electric Vehicle (EV) market for Alternet’s patented lithium energy solution.  China has been the largest automobile market in the world since 2009.   The Asia Pacific region is also the largest motorcycle, scooter and moped market in the world.  The global market for motorcycles, scooters and mopeds in 2017 is expected to exceed 130 million units.  Global car sales are anticipated to be less than 80 million units.  As per capita income in developing economic regions continues to improve, motorcycle, scooter and moped sales are correspondingly expected to grow.  Separately, the global electric bicycle market is growing and expected to reach 24 billion by 2025.  In the online presentation on Thursday this week, Alternet will present the opportunity to introduce the Tesla of electric two-wheel transportation to the world. 

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Within a strategic partnership, Similar to Tesla’s rollout, Alternet expects to introduce a high-end electric motorcycle to capture the market’s attention, and then introduce a Model T like affordable electric, two-wheel vehicle to serve the developing economic market demand for primary transportation. The two-wheel transportation market is far less crowded with competitors than the automobile market and global per unit demand exceeds that of automobiles.  Alternet has the lithium battery technology that can put an electric two-wheel competitor on top of the market and the Alternet management team brings the necessary experience to execute a growth strategy in developing economic regions. Tune in on Thursday to learn more.

Alternet Patented Lithium Energy Solution

On July 21, 2017, Alternet Systems acquired Lithium IP Holdings in a transaction that included a management and business direction change.  Randell Torno was named the new Alternet Systems Chairman and CEO.  Edward Bollen, the President of Lithium IP Holdings, also joined the Altnernet Systems management team.  On June 23, 2017, Lithium IP Holdings executed an agreement with Air Products and Chemicals, Inc. (NYSE: APD) to exclusively license ten U.S. Patented lithium battery technologies with an option to acquire the ten U.S. Patents. 

Alternet Lithium Energy Integration and Development Strategy

Alternet’s business strategy today is to partner with prominent third parties producing products and services that require stable, safe, long duration power in high impact operating systems.  Within such partnerships, Alternet and each partner will together develop an integrated solution that includes a power component based on Alternet’s lithium technology. Alternet’s lithium technology applicability in military solutions presents promising partnership development opportunities.  At the same time, Alternet is also developing partnerships separate from the military industrial sector to include the Electric Vehicle (EV) and Hybrid Electric Vehicle (HEV) partners.  Several potential partners participated in Alternet’s vetting process when identifying and selecting a technology to acquire as the foundation of the company’s strategy to bring a stable, safe, long duration power solution to market for high impact operating systems.  Partnership announcements are anticipated to be forthcoming soon.

Learn more on the company's website: www.otc-alyi.com or www.lithiumip.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:

Randell Torno
info@lithiumip.com
1 800 713 0297
https://www.otc-alyi.com/contact/

 

 

Alternet Systems Announces Q3 2017 Update Highlighting Patented Lithium Technology With $3 Million Estimated Value

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Dallas, TX – November 21, 2017 Alternet Systems, Inc. (USOTC: ALYI) today released a shareholder presentation to review the recently filed financial report for the 3rd Quarter of 2017 highlighting the company’s transition to a new lithium energy integration and development business plan.  The report is available on the Company’s website and with the entire narrative included below.

Alternet Moves Into Lithium Energy Integration And Development

On July 21, 2017, the Company acquired Lithium IP Holdings in a transaction that included a management and business direction change.  Randell Torno was named the new Alternet Systems Chairman and CEO.  Edward Bollen, the President of Lithium IP Holdings, also joined the Altnernet Systems management team.  On June 23, 2017, Lithium IP Holdings executed an agreement with Air Products and Chemicals, Inc. (NYSE: APD) to exclusively license ten U.S. Patented lithium battery technologies with an option to acquire the ten U.S. Patents.  

Randell Torno and Ed Bollen both have a long background working with companies that are key participants in both industrial and military technology industries.  Together they bring both public and private sector experience working in the military and intelligence sectors.  Both retired from government service, but are still engaged in recurring work with foreign and domestic government agencies.  In their experience, they have repeatedly come across demand for resilient energy solutions that meet industrial and military requirements for stable, safe, long duration power in high impact operating systems.  Accordingly, they went to look for such a technology solution and found the portfolio of ten lithium energy technology patents that are now exclusively licensed to Alternet in an agreement that includes an option to purchase.   

In the first quarter of 2017, Mr. Torno and Mr. Bollen raised funds privately to research and ultimately acquire an energy storage technology that would satisfy industrial and military requirements for stable, safe, long duration power in high impact operating systems.  The merger of the Air Products and Chemicals Lithium Patent Portfolio into Alternet is now public information.

Alternet’s New Lithium Technology Integration And Development Strategy

Alternet’s business strategy today is to partner with prominent third parties producing products and services that require stable, safe, long duration power in high impact operating systems.  Within such partnerships, Alternet and each partner will together develop an integrated solution that includes a power component based on Alternet’s lithium technology. The combination of Alternet’s military background and high potential of the technology for applicability in military solutions presents a promising partnership development opportunity.  At the same time, Alternet is also developing partnerships separate from the military industrial sector to include the Electric Vehicle (EV) and Hybrid Electric Vehicle (HEV) partners.  Several potential partners participated in Alternet’s vetting process when identifying and selecting a technology to acquire as the foundation of the company’s strategy to bring a stable, safe, long duration power solution to market for high impact operating systems.  Partnership announcements are anticipated to be forthcoming soon.

$3 Million Technology Portfolio Acquired and $4 Million Debt Targeted for Write-Down

The current financial statement largely reflects the previous financial services business which it exited when the company acquired the current lithium business.  The company has little in the way of revenues to report over the last two years from its previous financial services business.  The company anticipates generating future revenues from the integration and development of lithium power solutions.  The balance sheet reports over $4 million in legacy liabilities.  Management is actively engaged in addressing legacy liabilities that have little in the way of any security since the debts were incurred from the financial operations that are no longer active.  Management’s goal is to reduce or write-down a substantial portion of the legacy debt.  At the same time, the value of portfolio of patents has been estimated at approximately $3 million.  The company has conservatively not entered any asset value on the company’s balance sheet at this time.  As the company engages into partnerships to integrate and develop lithium solutions based on the portfolio of the lithium patents, the conservative approach to addressing the value of technology portfolio can be offset by the resulting revenues. Management’s goals include executing the first lithium integration and development partnerships and making dramatic improvement to the company’s balance by the time the 2017 year-end financial statement is reported.

Lithium Exploration Group, Inc. (LEXG) Business Development

Lithium Exploration Group, Inc. (USOTC: LEXG) and Alternet remain engaged in business development efforts surrounding a combined strategy leveraging the respective lithium technologies of both companies.  The two respective management teams consider the two respective lithium technology portfolios to be complimentary and remain committed to striking a deal between the two companies.

Learn more on the company's website: www.otc-alyi.com or www.lithiumip.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:

Randell Torno
info@lithiumip.com
1 800 713 0297
https://www.otc-alyi.com/contact/

Alternet Systems Announces New Partnership Developments For Patented Lithium Technologies Tested In Cooperation With Nissan and Sanyo

Dallas, TX – November 14, 2017 Alternet Systems, Inc. (USOTC: ALYI) today announced new partnership developments advancing the company’s strategy to become a recognized brand name within the lithium ion battery market.  The strategy is built on the company’s portfolio of ten lithium technology patents.  Detailed information on each of the patents is available on the United States Patent and Trademark (USPTO) website.  Alternet specifically sought out and obtained the technology portfolio to deliver stable, safe, long duration power in high impact operating systems.  The Alternet lithium technologies were originally developed to provide a stable, long-lasting and safe solution for the growing electric vehicle (EV), and Hybrid Electric Vehicle (HEV) market in addition to the portable power (PP) market for the growing number of personal electronic devices.  Among other features, the Alternet lithium technologies expand the operating temperature window of lithium-ion batteries compared to currently available lithium-ion batteries thus improving safety by reducing the risk of combustion and also improving efficiency by reducing or eliminating a supplemental battery cooling function.  The battery cooling efficiency is particularly valuable in the EV and HEV market.  In partnership with the original developer of the lithium patents, the technologies were tested in cooperation with Nissan Motor Company, Ltd. and UBE Industries, Ltd., the primarily source of batteries for Sanyo Electric Co, Ltd.

Alternet’s business strategy is to partner with prominent third parties producing products and services that require stable, safe, long duration power in high impact operating systems.  Within such partnerships, Alternet and each partner will together develop an integrated solution that includes a power component based on Alternet’s lithium technology.  Alternet management has an extensive background in military industrial solutions.  The original technology developer did not concentrate on military applications.  The combination of Alternet’s military background and high potential of the technology for applicability in military solutions presents a promising partnership development opportunity.  At the same time, Alternet is also developing partnerships separate from the military industrial sector to include the EV and HEV partners.  Several potential partners participated in Alternet’s vetting process when identifying and selecting a technology to acquire as the foundation of the company’s strategy to bring a stable, safe, long duration power solution to market for high impact operating systems.  Partnership announcements are anticipated to be forthcoming soon.

Learn more on the company's website: www.otc-alyi.com or www.lithiumip.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:

Randell Torno
info@lithiumip.com
1 800 713 0297
https://www.otc-alyi.com/contact/

Alternet Systems To Integrate Lithium Energy Solution Into Industrial Military High Impact Systems

Dallas, TX – November 9, 2017 - Alternet Systems, Inc. (USOTC: ALYI) today released a shareholder update from its CEO, Randell Torno in conjunction with company’s filing status being updated to “Current Info” by OTC Markets.  Alternet has published all past financial reports making the reports available for viewing on the OTC Markets website. The filings published on OTC Market’s includes detailed information on each of the 10 lithium technology patents in the company’s patent portfolio.  The shareholder update elaborates more on the lithium technology portfolio and the company’s strategy and progress so far to establish a foothold in the $77 billion lithium ion battery market.  The update is included below in its entirety:

From Randell Torno, CEO Alternet Systems, Inc.

Ed Bollen, the President of Alternet’s Lithium IP Holdings subsidiary, and I have been working on what is today, Alternet’s lithium technology strategy, since the beginning of this year.  Ed and I both have a long background working with companies that are key participants in both industrial and military technology leaders.  Together we bring both public and private sector experience working in the military and intelligence sectors.  We are both retired from government service, but still have recurring work surrounding foreign and domestic government engagements.  Through our various engagements, we have repeatedly come across demand for resilient energy solutions that meet industrial and military requirements for stable, safe, long duration power in high impact operating systems.  We went to look for such a technology solution and found the portfolio of ten lithium energy technology patents that are now exclusively licensed to Alternet in an agreement that includes an option to purchase.   

Brief History Of Building Lithium Energy Solution For Industrial Military Requirements

In the first quarter of 2017, Ed and I raised funds privately to research and ultimately acquire an energy storage technology that would satisfy industrial and military requirements for stable, safe, long duration power in high impact operating systems.  In June of 2017, Lithium IP Holdings executed the license and purchase agreement to secure ten lithium energy technology patents.  In July, Lithium IP Holdings was acquired by Alternet Systems in a transaction that included a change of control.  Today, June 9th, 2017, we have finished updating the delinquent financial reports we inherited when we took control of Alternet Systems, bringing Lithium IP Holdings under Alternet. 

Alternet Public Platform Background (5 Yr Wtd Avg PPS $0.03)

Alternet has less than 150 million shares issued and out.  The company capital structure has been stable over the last five years with no reverse or forward splits.  Total trading volume in dollars over the past five years is approximately $7 million at a weighted average price per share of $0.03 and a high of $0.20 early in 2014 (shortly after Alternet sold its previous primarily operating business in the financial technology services industry).  Since the sale, Alternet worked to gain traction in new financial technology sector businesses until the complete change of direction with the lithium business that Ed and I have brought to Alternet.  We believe the limited trading volume and long-term capital structure stability is an excellent platform for new lithium energy solution business.

Strategy: Partnerships With Prominent Companies To Develop Integrated Solutions

In parallel with the efforts to identify and acquire an energy solution to meet industrial and military requirements, we have coordinated with prominent third parties in the process to garner their feedback and validate the portfolio we finally acquired. With these same third parties, we are already exploring business arrangements whereby both parties will combine efforts to develop systems with Alternet’s technology or a derivative of Alternet’s technology integrated into the system.  While the requirements have been defined by industrial military standards, a number of the potential integrated solutions are targeted for strictly commercial applications.  Integrated solution partnerships being conceived at this time include major brand name players within both industrial and military sectors.

What To Expect Next:

We are nearing a point where a number of the potential partnerships to develop systems integrated with an Alternet lithium energy solution are ready to be disclosed as material business arrangements.  Developing these partnerships and the integration projects around which the partnerships are built is our highest priority.  A corporate name change to reflect the current business is in the works, but a secondary priority.

Thank you for your interest in Alternet’s new lithium energy technology business direction.  We encourage you to check back frequently for the latest developments.

Randell Torno

Learn more on the company’s website:

www.otc-alyi.com or www.lithiumip.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:

Randell Torno

info@lithiumip.com

1 800 713 0297

https://www.otc-alyi.com/contact/

Alternet Systems Publishes Lithium Patent Portfolio Detail And Brings All Financial Reports Current

Dallas, TX - November 7, 2017 - Alternet Systems, Inc. (USOTC: ALYI) today announced an online shareholder update scheduled for this Thursday, November 9, 2017.  The company has just updated all past financial reports.  All the financial reports are available on the OTC Markets website to include the OTC Market’s disclosure forms for the first and second quarters of 2017 and in conjunction with the annual report for 2016. Management anticipates the OTC Market’s status to reflect “current” imminently, once OTC Market’s completes its review of the company’s filings.  The filings published on OTC Market’s includes detailed information on each of the lithium technologies in the company’s patent portfolio.  In addition to the patent number for each patent, the disclosure includes a summary of each technology.  To learn more about each technology, the patent number can be researched further on the US Patent and Trademark Office (USPTO) website.  On Thursday, Randell Torno, CEO of Alternet Systems, will elaborate more on the lithium technology portfolio and the company’s strategy to monetize the value of the technology

OTC Markets Disclosure Excerpt

On July 21, 2017, the Company acquired Lithium IP Holdings in a transaction that included a management and business direction change.  Randell Torno was named the new Alternet Systems Chairman and CEO.  Edward Bollen, the President of Lithium IP Holdings, also joined the Altnernet Systems management team.  On June 23, 2017, Lithium IP Holdings executed an agreement to exclusively license ten U.S. Patented lithium battery technologies* with an option to acquire the ten U.S. Patents.  The current business plan is to develop partnerships with prominent businesses and agencies to commercialize its portfolio of lithium technologies while at the same time continuing to expand the existing portfolio. 

Table 1 – Patent Portfolio List

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Overcharge Protection Patents

The two patents (Patents H and J) here are of the chemical design within the cell category and specifically embody both liquid and gel electrolyte configurations.  Patent H discloses a “shuttling” mechanism via the Boron salt to essentially return overcharge electrons in a closed loop cycle and limiting the voltage rise.  Patent J discloses a chemical reaction of a polymeric material that becomes gelled or solid at a voltage just over the cell maximum voltage in a way that prohibits the flow of electrons thereby shutting the cell down.

Electrolyte Material Patents

The first two patents (A, B) claim invention of specific Boron salts to be used in the liquid electrolyte solution of a lithium ion cell.  Patent D extends this general concept from just a liquid electrolyte solution to also include “gel” electrolyte configurations. 

Electrolyte Process Patents

Specifically patent G provides for a process to synthesize the precursor for the Boron salts that are included in this patent portfolio.  Patent I provides for four process methods to produce a purer Boron electrolyte salt and electrolyte salt solution.  Specifically four purification processes are offered, three describe processes wherein the liquid electrolyte solution may be variously purified by passing it through sieves/columns or ion exchange columns.  The fourth purification method is to vacuum dry the solid salt at 180 C to remove impurities.

Fuel Cell Patents

The fuel cell patents C and E in theory present a significant extension of the Boron electrolyte salt concepts to completely new market segments and multiple technologies over a range of fuel cell configurations.  Both patents list preparation methods of the Boron materials and are accompanied by a series of analytical benchtop laboratory tests indicating that they have the physical characteristics which may allow them to be utilized in a variety of fuel cell applications. 

Learn more on the company’s website:

www.otc-alyi.com or www.lithiumip.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:

Randell Torno

info@lithiumip.com

1 800 713 0297

https://www.otc-alyi.com/contact/

Alternet Systems Confirms Lithium Exploration Group Partnership Negotiations to Pursue Growing Lithium Demand Driven by $83 Billion Electric Vehicle Market

DALLAS, October 24, 2017 /PRNewswire/ --

Alternet Systems, Inc. (USOTC: ALYI) today confirmed that the company is in negotiations with Lithium Exploration Group, Inc. (USOTC: LEXG). This confirmation is released as a joint announcement from the two companies. The two companies are working together to pursue the growing demand for lithium batteries driven in large part by the $83 billion electric vehicle market and 40% CAGR.

Reducing Fire and Explosion from Lithium Ion Cell Overcharging 

Alternet Systems acquired Lithium IP Holdings on July 21st of this year. Prior to the acquisition by Alternet Systems, Lithium IP Holdings obtained a portfolio of patented lithium-based energy storage technologies in an exclusive and confidential agreement with a prominent Fortune 500 company. A joint announcement with the Fortune 500 company detailing the agreement and disclosing specifics of the patents is in the works. In February this year, when Lithium IP Holdings and LEXG initially engaged and Lithium IP Holdings was in negotiations to acquire the subject patent portfolio, LEXG commissioned an independent analysis of the lithium battery related technology portfolio. LEXG has made their independent report available for review. The report highlights the technology portfolio's contribution to the reduced risk of fire and explosion from the overcharging of lithium ion cells.

Alternet Systems plans to expand its portfolio of lithium technologies and is accordingly eager to explore a strategy to capitalize on Lithium IP Holdings previous relationship with LEXG.  

The Company's website: 
http://www.otc-alyi.com or http://www.lithiumip.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297

https://www.otc-alyi.com/contact/

Alternet Systems Highlights Lithium Patent Portfolio Gaining Entry to $77 Billion Market

DALLAS, October 17, 2017 /PRNewswire/ --

Alternet Systems, Inc. (ALYI) today released further details on its recent entry into the lithium based energy storage market and how its developing a foothold in the sector with its portfolio of U.S. patented lithium technologies. Transparency Market Research (TMR) reports the lithium battery market is expected to reach over $77 Billion by 2024 at a CAGR of 11.6%. Alternet Systems obtained its lithium technology portfolio when it acquired Lithium IP Holdings on July 21st of this year. Prior to the acquisition by Alternet Systems, Lithium IP Holdings obtained its portfolio of patented lithium based energy storage technologies in an exclusive and confidential agreement with a prominent Fortune 500 company. A joint announcement detailing the agreement and disclosing specifics of the patents is in the works.

Lithium Battery Business Strategy 

Alternet plans to develop partnerships with prominent businesses and agencies to commercialize its portfolio of patented lithium technologies. Alternet is in discussions with potential partners in the US and abroad. Potential partners include Fortune 500 companies.

Lithium Patented Technology Features 

The existing portfolio of patented lithium battery enhancement technologies were developed to provide stable, safe, long duration power in high impact operating systems. Industrial tools, combat applications, automotive and other powered mechanical apparatus are examples of potential uses. With decades of military and intelligence community experience, the Alternet Systems management team has a deep background with a variety of high impact applications.  

Corporate Updates 

After selling a previous financial systems operating subsidiary, previous Alternet Systems management began working to identify a new business direction. That effort culminated in a management change and above noted acquisition this past July. The Company anticipates imminently completing the update of past financial reports that fell delinquent while the Company's primary focus was the development of a new business.

Look for more updates to be forthcoming over the coming weeks to include more details on the patented technologies, potential commercialization partners, and new technology acquisitions under development.

The Company's new website:

http://www.otc-alyi.com or http://www.lithiumip.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
https://www.otc-alyi.com/contact/