Alternet Systems Presents Ongoing ReVolt Motorcycle Pilot Program Progress Update

Dallas, TX – July 23, 2018 Alternet Systems, Inc. (USOTC: ALYI) today released an online presentation on the company’s ongoing ReVolt Electric Motorcycle pilot program.  In April of this year, Alternet announced the launch of the ReVolt Electric Motorbikes subsidiary as part of the company’s strategic plan to develop, commercialize and expand its portfolio of advanced energy storage technology.  

Alternet is building technology and application partnerships to develop and implement sustainable energy storage solutions for high impact operating environments.  The two leading application focuses for Alternet today are defense and transportation.  As an example of Alternet’s development and commercialization strategy, Alternet recently launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing a combination of proprietary lithium battery technologies.  A strategy similar to ReVolt is in the works for the defense sector.  The presentation here is a progress report on pilot program to develop the ReVolt’s first commercial electric motorcycle.

Alternet is applying its portfolio of lithium battery technologies to empower commercially viable, environmentally sustainable alternatives to existing consumer markets.  ReVolt has partnered with a manufacturing company to first produce a motorcycle based on the 1930's BMW R71 motorcycle with sidecar utilized by the German Army in WWII.  The ReVolt Classic Electric Motorbike with Sidecar will be powered by an electric motor utilizing an Alternet Systems designed lithium battery solution. 

This classic motorcycle design has been seen in countless movies to include The Great Escape staring Steve McQueen, an avid motorcycle enthusiast and racer.  The movie includes a famous motorcycle chase where Steve McQueen rides a German Military motorcycle pursued by German soldiers riding the same. 

Long-Term Plan To Deliver Electric Motorbikes To Developing Economic Markets

The long-term object of ReVolt Electric Motorbikes is to become a leader in the production of electric motorbikes as daily drivers in the developing economic regions of the world were motorcycles, scooters and mopeds are the primary mode of transportation. The current global market for motorcycles, scooters and mopeds is approximately 130 million units per year 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.  Global automobile sales in 2018 is expected to reach just 80 million units.   

ReVolt Electric Motorbikes strategic plan is to

1.)   establish a manufacturing capacity and to

2.)   refine the Alternet Lithium Battery Technology through the production and sales of a fun, useful and affordable electric motorbikes based on classic motorcycle designs for the U.S. consumer market. 

With a manufacturing capacity established and a lithium battery technology on the market, ReVolt Electric Motorbikes plans to begin delivering a line of daily driver electric motorbikes to developing economic regions.

ReVolt researched and engaged with multiple motorcycle manufactures experienced with classic motorcycle designs.  A company with experience producing a contemporary motorcycle based on the original R71 for the military of developing economic country was contracted to produce two gasoline motor powered motorcycles.  The two motorcycles were complete and shipped to the U.S. in May arriving about thirty days later in June. 

Motorcycle Arrival Day

The bikes basic mechanics have been evaluated and found sound.  ReVolt is evaluating a variety of electric motors and working with different lithium battery technologies to design the optimum integrated electric powered solution.  An electric powered retrofit design for the gas-powered motorcycles is underway.  Once complete, the pilot electric powered motorcycle will undergo further testing and evaluation.  The final specifications of the retrofit design will be conveyed to the manufacture and a first production sample will be ordered for further evaluation.

Management is satisfied that the pilot program remains on track for having limited production capacity in place to deliver the first retro-designed ReVolt electric motorcycles ready for this holiday season.

Learn more on the company's websites: www.lithiumip.com and www.revoltmotorbikes.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 Presents Electric Vehicle Purchase Finance Cryptocurrency Concept

Dallas, TX – July 19, 2018 Alternet Systems, Inc. (USOTC: ALYI) today released a presentation on the company’s cryptocurrency backed electric vehicle (EV) purchase finance and leasing concept.  On July 10th, the company announced that the company had been approached by an investment group proposing the cryptocurrency concept.  Management outlined the concept in the July 10th announcement and solicited shareholder feedback on the potential cryptocurrency backed EV purchase finance capability.  The presentation today is a compilation of shareholder feedback and management’s current thinking on how a cryptocurrency strategy might be implemented to support Alternet’s comprehensive plan to develop and implement advanced energy storage applications.

Alternet Systems Comprehensive Business Strategy

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Alternet’s overall strategy is to develop, commercialize and expand its portfolio of advanced energy storage technology.  Alternet is building technology and application partnerships to develop and implement sustainable energy storage solutions for high impact operating environments.  The two leading application focuses for Alternet today are defense and transportation.  As an example of Alternet’s development and commercialization strategy, Alternet recently launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing a combination of proprietary lithium battery technologies.  A strategy similar to ReVolt is in the works for the defense sector.   

Cryptocurrency Backed EV Purchase Finance

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To support the sales of electric motorcycles and eclectic bikes, management has been working on a consumer finance solution to provide buyers with purchase financing and leasing products.  In the course of our business development efforts, Alternet was approached by an investment group proposing the introduction of a cryptocurrency that would permit individual investors to back the purchase financing and leasing products.  The concept is for the sale of a cryptocurrency to source funds that would be used to finance the purchase or lease of ReVolt electric vehicles.  In so doing, the ownership of such a cryptocurrency would represent a percentage of ownership in the portfolio of loans and leases secured by electric vehicles. 

Cryptocurrency Pros and Cons

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The cryptocurrency market appears to provide early stage companies with a promising path to rapidly finance new enterprises.  Cryptocurrencies also have an appealing democratic characteristic inherent within the nature of the universally open architecture of a cryptocurrency offering.  The technology is open, and the offering is open to anyone with an internet connection.  At the same time, cryptocurrencies are a subject of considerable controversy.  Security regulators have voiced concern and taken action in regard to the concern that cryptocurrency issuances lack sufficient oversight to protect investors.

Shareholder Feedback

The company received a variety of responses to the cryptocurrency backed EV purchase finance and leasing concept.  Most of the responses are in support of the concept.  Some include prudent cautionary warnings in light of the prevailing controversy surrounding cryptocurrencies.  Some of the responses were adamantly opposed to the concept.   The company also received a number of suggestions on how best to implement a cryptocurrency solution in addition to receiving a number of introductions to resources that could contribute to an Alternet cryptocurrency.

Alternet Cryptocurrency Concept Development Strategy

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Alternet management believes a cryptocurrency backed EV purchase finance and leasing capability could be a substantial tool and make strategic contribution to the successful execution of the company’s overall plan to develop and implement advanced energy storage solutions.  Management likewise believes that a cryptocurrency backed EV purchase finance and leasing capability is a viable opportunity for Alternet.  Management’s core guidelines for pursuing a potential cryptocurrency backed EV purchase finance and leasing capability follow:

1.     The cryptocurrency solution should be pursued within a standalone, separately managed business entity – a subsidiary or joint-venture.

2.     The purchase finance and leasing capability should be available to support consumer finance of any EV, not just ReVolt EVs.

3.     The blockchain technology to enable a cryptocurrency should be a commercially available and tested technology, not an inhouse technology.

4.     The cryptocurrency offering should be registered.

5.     The ongoing development of the concept cryptocurrency should continue to involve shareholder feedback within the democratic spirit of open and transparent cryptocurrency backed enterprises.

The company encourages continued feedback on the cryptocurrency backed EV purchase finance and leasing capability.  Please let management know what you think.  Management welcomes all ideas, suggestions and introductions.  Contact the company at:

GIVE YOUR ALTERNET CRYPTOCURRENCY CONCEPT FEEDBACK HERE

Learn more on the company's website: 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 Previews ReVolt Motorcycle Pilot And EV Purchase Finance Presentations

Dallas, TX – July 17, 2018 Alternet Systems, Inc. (USOTC: ALYI) today announced two online presentations scheduled for release on Thursday, July 19th and Friday, July 20th.  On Thursday, the company will present online both the shareholder response and management reaction to the concept cryptocurrency backed electric vehicle (EV) purchase finance and leasing capability proposal announced last Tuesday.  On Friday, July 20th, the company will present the initial progress report on the ReVolt Electric Motorcycle pilot currently underway.

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“The pilot project may well expand in scope,” said Randell Torno, CEO of Alternet Systems. “We have been approached by other electric motorcycle producers interested in evaluating our lithium battery solution.  We’re exploring the potential to share technology.  The shareholder response to our cryptocurrency backed EV purchase finance and leasing capability has also taken on a life of its own and I look forward to sharing the latest thinking.”

Below, find the excerpt from the original announcement regarding the cryptocurrency backed EV purchase finance and leasing capability proposal:

Cryptocurrency Backed EV Purchase Finance And Lease Capability Concept

“To support the sales of electric motorcycles and eclectic bikes, management has been working on a consumer finance solution to provide buyers with purchase financing and leasing products.  In the course of our business development efforts, we have been approached by an investment group proposing the introduction of a cryptocurrency that would permit individual investors to back the purchase financing and leasing products.  The concept is for the sale of a cryptocurrency to source funds that would be used to finance the purchase or lease of our electric vehicles.  In so doing, the ownership of such a cryptocurrency would represent a percentage of ownership in the portfolio of loans and leases secured by electric vehicles.  The concept includes a registration of the cryptocurrency in advance of any sales of the cryptocurrency.  The cryptocurrency market appears to provide early stage companies with a promising path to rapidly finance new enterprises.  Cryptocurrencies also have an appealing democratic characteristic inherent within the nature of the universally open architecture of a cryptocurrency offering.  The technology is open, and the offering is open to anyone with an internet connection.  At the same time, cryptocurrencies are a subject of considerable controversy.  Accordingly, and in the spirit of the democratic nature of cryptocurrency, we are seeking feedback from shareholders.  Do you think this concept is a good idea?  Do you have your own cryptocurrency experiences to share?  Please let us know what you think by following this link on our website: https://www.otc-alyi.com/contact/

Learn more on the company's website: 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 Lithium Technology Military Application Strategy Presentation

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Dallas, TX – May 24, 2018 Alternet Systems, Inc. (USOTC: ALYI) today announced releasing an online presentation on the company’s website to provide an overview of the company’s current strategy to integrate its portfolio of lithium battery technology into energy solutions to support combat systems.  Alternet concentrates defense industry sales efforts on developing partnerships with the approved government contractors that account for more than $250 Billion in annual US defense spending.  The narrative from the presentation is included in its entirety below.  This presentation was originally scheduled to be released yesterday, but was delayed due to unanticipated schedule conflicts.

Alternet Systems Business Development Strategy To Integrate Its Portfolio Of Lithium Technology Into Combat Solutions

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The United States Military uses a lot of lithium batteries.  Do a Google search of “lithium-batteries-military” and you can read for days about the current applications of lithium batteries in the military; research the military is doing into improving upon current lithium battery technology, and multiple contracts signed procuring lithium batteries for the military.  The US military spends over $100 million dollars a year on batteries.  Now consider that there are 195 countries in the world (at last count) and only about 20 of them does not have a military.  That’s a pretty big battery market and as military equipment becomes more electronic and more portable, that battery market is only going to grow.

As non-state sponsored militant organizations continue to grow and proliferate, such organizations will be focused on developing counter electronics to attack the electronic command and control systems of larger state-sponsored militaries.  In turn, larger state-sponsored militaries will be looking to develop counter measures to prevent cyber-attacks.  As the battlefield continues to evolve from invasion and defense campaigns toward surgical, and often covert strikes, demand for individual mobile electronic solutions will continue to grow.  The military need for durable, sustainable and long-lasting self-contained power sources is only going to get bigger.

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The management team at Alternet has first-hand experience with many of the military, special operations and clandestine uses of batteries.  The management team is familiar with many of the vendors (most of which people have never heard of) that provide the military with current contained power solutions today.  The most notable experience the Alternet management team brings is with the training operations conducted with small nation-states to empower those entities to support the United Nations consensus on allied sovereign authority.  Accordingly, in addition to Alternet’s efforts to develop partnerships concentrating on the integration of Alternet technology into US combat systems, Alternet is also working to develop similar partnerships for delivering combat systems utilizing Alternet technology to small, allied nation-states.  The US military industry sector is the largest exporter of military systems in the world accounting for over 30% of the entire defense sector market.

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In addition to the ongoing business development efforts to partner with vendors to the US military, Alternet has engaged in a funded agreement to develop solutions in Africa.  Non-state sponsored military organizations well-known in the middle east that have also masterminded notable attacks in Europe are also active in East Africa.  The United States actively supports counterterrorism activities in East Africa. East African nations are both independently and with the support of the United States engaged in the battle against these well-known non-state sponsored military organizations. Alternet is actively engaged in the development of solutions that would integrate Alternet technology into systems intended to give counterterrorist forces an advantage. The engagement in Africa has the added benefit of being tangent to a separate effort to develop distribution opportunities for Alternet’s ReVolt electric motorcycle in Africa.

Learn more on the company's website: 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 Lithium IP Joins Defense Innovation Contracting & Finance Summit

Dallas, TX – May 22, 2018 Alternet Systems, Inc. (USOTC: ALYI) today announced its Lithium IP subsidiary will join the Defense Innovation Contracting Summit at the University of Maryland Marriot Conference Center on October 5th and 6th this year, 2018.  Alternet has a portfolio of resilient lithium centric energy solutions that meet industrial and military requirements for stable, safe, long duration power in high impact operating systems.  The company’s strategy is to commercialize and expand its technology portfolio through partnerships leading to the integration of its technology into end products.  Alternet and Lithium IP have an extensive background working with public and private sector organizations that are key participants in both industrial and military technology industries.  The company is engaged in recurring work with foreign and domestic government agencies.

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In addition to its strategy to integrate its technology into defense solutions, Alternet recently launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing the company’s portfolio of patented lithium battery technologies. 

Analyst Research

Goldman Small Cap Research recently issued a research report on the Company.  The report includes a “speculative-buy” rating with a target price-per-share of $0.09.  The report provides an in-depth overview and analysis of Alternet’s patented lithium battery technology portfolio and the first application of the technology in an electric motorcycle being produced by an Alternet subsidiary. To view the report, visit www.lithiumip.com/research-rpt or  www.GoldmanResearch.com.

About Alternet Systems, Inc.

Alternet Systems, Inc. is leveraging its key lithium battery technologies patent agreement to introduce innovative, environmentally sustainable products to various consumer markets. The first product category in which a first run of production will be introduced this year, is lithium battery-powered motorcycles, to be followed by motorbikes. These products will be released through its newly launched ReVolt Electric Motorbikes subsidiary.

Keep up with ReVolt’s latest developments by checking back periodically to the company’s website:  www.revoltmotorbikes.com

Learn more on the company's website: 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 Expands Target Market For Deploying Military Applications In $700 Billion DOD Sector

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Dallas, TX – May 17, 2018 Alternet Systems, Inc. (USOTC: ALYI) today announced new developments within its ongoing strategy to integrate its patented lithium battery technology into energy solutions to support combat systems.  Alternet concentrates defense industry sales efforts on developing partnerships with the approved government contractors that already account for more than $250 Billion in annual US defense spending.  The overall US Defense Budget is $700 Billion. In addition to working to integrate Alternet’s patented lithium battery technology into energy solutions to support combat systems for US defense systems, Alternet has added to its business strategy the development of partnerships to integrate Alternet’s patented lithium battery technology into energy solutions to support combat systems for defense systems to be made available to US foreign military allies. 

Alternet Business Strategy

Alternet’s strategy to commercialize and expand its portfolio of patented lithium battery technology is to forge partnerships where the patented lithium battery technology is integrated into commercial products.  As an example of Alternet’s strategy to further develop its lithium battery technology, Alternet recently launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing the company’s portfolio of patented lithium battery technologies.  Alternet management indicates an opportunity similar to the ReVolt subsidiary is in the works within the defense sector.  Management anticipates the defense sector opportunity to evolve from an existing defense sector consulting agreement in which the company is currently engaged.   

Alternet Defense Industry Experience 

Randell Torno, CEO of Alternet Systems, and Ed Bollen, company Presidient, 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.

Analyst Research

Goldman Small Cap Research recently issued a research report on the Company.  The report includes a “speculative-buy” rating with a target price-per-share of $0.09.  The report provides an in-depth overview and analysis of Alternet’s patented lithium battery technology portfolio and the first application of the technology in an electric motorcycle being produced by an Alternet subsidiary. To view the report, visit www.lithiumip.com/research-rpt or  www.GoldmanResearch.com.

About Alternet Systems, Inc.

Alternet Systems, Inc. is leveraging its key lithium battery technologies patent agreement to introduce innovative, environmentally sustainable products to various consumer markets. The first product category in which a first run of production will be introduced this year, is lithium battery-powered motorcycles, to be followed by motorbikes. These products will be released through its newly launched ReVolt Electric Motorbikes subsidiary.

Keep up with ReVolt’s latest developments by checking back periodically to the company’s website:  www.revoltmotorbikes.com

Learn more on the company's website: 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
 

Alternet Systems To Introduce ReVolt Electric Motorcycles Through $10 Billion Pop-Up Shop Industry

Dallas, TX – May 16, 2018 – Alternet Systems, Inc. (USOTC: ALYI) today announced plans to bring its Retro-Classic ReVolt Electric Motorcycle with Sidecar to market this fall using a Pop-Up Shop sales and marketing strategy. The Pop-Up retail market industry has grown to approximately $10 billion dollars.  “We plan to hit the state fair season and take our Retro-Classic ReVolt Electric Motorcycles with Sidecar direct to the consumer instead of trying to guess at the right marketing plan to get the consumer to come see us,” said Randell Torno, Alternet Systems, CEO. “We plan to have a mobile retail display and keep it on the move to let as many people as possible take a ReVolt Motorcycle for a test drive.  We’ll take some great pictures of those taking test drives and encourage them to share the pics on their favorite social media.  Of course, we’ll also be ready to take deposits and deliver a fun and affordable Retro-Classic ReVolt Electric Motorcycle with Sidecar in time for the holidays.”

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Alternet Systems recently launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing the company's portfolio of patented lithium battery technologies developed by Air Products and Chemicals, Inc. (NYSE: APD) and tested by Nissan Motor Company, Ltd. The company has a prototype electric motorcycle underdevelopment at this time targeted for the U.S. market.  The first motorcycle, currently in pilot production, is based on BMW's classic, WWII era, R71 motorcycle with sidecar. ReVolt is planning to produce a limited edition of the Retro-Classic Electric Motorcycle later this year in time for the holiday season.  Alternet’s phase 2 plan for ReVolt is to develop a utility, daily driver electric motorcycle for developing and transitional economic markets with plans to introduce the electric motorcycle next year in Africa.  Atlernet and ReVolt’s phase 2 plan supports the United Nations Environmental Program guidance for 2 and 3 wheel vehicles in developing and transitional markets.

About Alternet Systems, Inc.

Alternet Systems, Inc. is leveraging its key lithium battery technologies patent agreement to introduce innovative, environmentally sustainable products to various consumer markets. The first product category in which a first run of production will be introduced this year, is lithium battery-powered motorcycles, to be followed by motorbikes. These products will be released through its newly launched ReVolt Electric Motorbikes subsidiary.

For more information, please visit: www.LithiumIP.com  and www.revoltmotorbikes.com

Disclosures:

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 Patented Lithium Battery Technology Could Help Tesla Stop Fires

Dallas, TX – May 11, 2018 Alternet Systems, Inc. (USOTC: ALYI) featured the highlights of its patented lithium battery technology and the potential for the technology to reduce the risk of fire and explosion in lithium batteries currently in the market.  Another Tesla fire was in the news yesterday and Alternet management believes their patented lithium battery technology could help Tesla reduce and even eliminate the risk of fires. “Lithium batteries have shown a tendency to overcharge and in so doing, overheat,” explained Randel Torno, CEO of Alternet. “The electrolytes in lithium batteries have some flammable characteristics.  Over-heating and flammable characteristics can be a bad combination. Among other benefits, Alternet’s patented lithium battery technology reduces overcharging issues and reduces the flammability of the electrolytes.  Our technology produces a more efficient and safer battery.”

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To further develop its lithium battery technology, Alternet recently launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing the company’s portfolio of patented lithium battery technologies.  Alternet secured the patented lithium battery technology from the original developer of the technology, Air Products and Chemicals, Inc. (NYSE: APD).  The technology has been tested by Nissan Motor Company, Ltd. 

Goldman Small Cap Research recently issued a research report on the Company.  The report includes a “speculative-buy” rating with a target price-per-share of $0.09.  The report provides an in-depth overview and analysis of Alternet’s patented lithium battery technology portfolio and the first application of the technology in an electric motorcycle being produced by an Alternet subsidiary. To view the report, visit www.lithiumip.com/research-rpt or  www.GoldmanResearch.com.

About Alternet Systems, Inc.

Alternet Systems, Inc. is leveraging its key lithium battery technologies patent agreement to introduce innovative, environmentally sustainable products to various consumer markets. The first product category in which a first run of production will be introduced this year, is lithium battery-powered motorcycles, to be followed by motorbikes. These products will be released through its newly launched ReVolt Electric Motorbikes subsidiary.

Keep up with ReVolt’s latest developments by checking back periodically to the company’s website:  www.revoltmotorbikes.com

Learn more on the company's website: 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/