Dallas, TX – August 14, 2020 – – Alternet Systems, Inc. (OTC PINK: ALYI) today announced a major component of its annual electric mobility event will be finalized and confirmed by the end of next week. Once, confirmed, the company will promptly make an announcement and the nature of the $6 billion industry segment anchoring ALYI’s annual event will be revealed.
From its founding in patented lithium technology commercialization, ALYI has evolved into an innovative electric vehicle company with an initial $300 million electric mobility initiative in Africa designed to rapidly expand beyond the initial $300 million scope. The $300 million initiative includes a key customer for ALYI’s Revolt Electric Motorcycle, and a comprehensive annual electric mobility event designed to both fuel the branding and marketing of ALYI’s current and future electric vehicles in addition to serving as a catalyst in the development of all ALYI’s future electric mobility solutions.
The branding and marketing for ALYI’s current and future electric mobility solutions will be built on the company gaining recognition for its annual electric mobility conference and symposium that includes an already branded anchor event. The anchor event is part of an existing and well established $6 billion industry. The annual electric mobility conference and symposium and anchor event is expected to contribute significantly to both ALYI’s top and bottom line, in addition to providing a catalyst to the development of future ALYI mobility solutions.
For more information and to stay up to date on ALYI’s latest developments, please visit: http://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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