Dallas, TX – September 15, 2020 – – Alternet Systems, Inc. (OTC PINK: ALYI) today confirmed the company’s ongoing exploration of integrating both hemp battery solutions and hemp body components into its near and long-term design initiatives.
ALYI is engaged in a long-term hemp battery initiative. Hemp has demonstrated potential to offer a very cost-effective superior material to traditional graphene in the production of supercapacitors. Side by side comparison of hemp solutions to lithium battery solutions have shown favorable results for the potential of hemp. ALYI’s hemp battery initiative has benefitted from notable industry leadership in the hemp supercapacitor research field.
Hemp is famously strong and much lighter than comparable materials with similar strength. Accordingly, ALYI is exploring the integration of hemp components into the near and long-term design of its electric vehicles.
On Friday, this week, September 18, 2020, ALYI will publish an overview on the latest milestones achieved in the company’s overall commitment to the integration of industrial hemp into its near and long-term design initiatives.
For more information and to stay up to date on ALYI’s latest developments, please visit www.alternetsystemsinc.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.
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