Alternet Systems, Inc. Joins African Trade Mission With Focus on Strategic Mobile Payment Opportunities to Further Expand Its Ex
19 Ottobre 2009 - 7:19PM
Marketwired
Alternet Systems, Inc. (OTCBB: ALYI) announced today that the
Company representatives will be joining a Trade Mission to Kenya
next week. On the Trade Mission, Alternet plans to focus on mobile
payment opportunities in Kenya and the East African market. The
primary sales targets for Alternet's mobile payment solutions will
be concentrated within developing economic regions. Alternet has
announced partnerships to penetrate markets in Asia and Africa
through the Greenfield program, in addition to its current base of
sales in Central and South America.
Alternet began participating in the Greenfield program earlier
this year. The Greenfield program was started by NewMarket
Technology, Inc. (PINKSHEETS: NWMT) to accelerate the introduction
of new technologies into emerging markets around the world where
technology buying is on the rise, while improving return on
investment (ROI) potential. Other companies currently participating
in the program include China Crescent Enterprises, Inc. (OTCBB:
CCTR) and NuMobile, Inc. (OTCBB: NUBL). These companies were chosen
to participate in the partnership program based on their technology
and service offerings in conjunction with the emerging geographic
markets in which they currently participate.
Greenfield Partner Webcast Available On-Line
Alternet was featured in a Greenfield Webcast on Friday, October
9th. The Webcast concentrates on the Company's mobile commerce and
electronic ticketing payment services and solutions, with a special
focus on these solutions in developing economies. The presentation
also includes a discussion of the Greenfield program and $0.28
suggested fair value target price per share. The Webcast is
available on-demand at
http://www.newmarkettechnology.com/webcast_20091009.htm.
Alternet's Mobile Payment and M-Commerce Systems and Emerging
Markets
Alternet's solutions focus on mobile payment and m-commerce
systems and solutions that tie together telecom operators,
financial institutions, and payees such as mass public
transportation and utility providers. With the majority of the
population in emerging markets belonging to the "unbanked" sector,
mobile banking opens up a major opportunity to deliver financial
services to a rapidly growing subscriber base. Penetration of
mobile services around the world has increased rapidly, with the
subscriber base worldwide growing from just over 11 million mobile
phone users in 1990 to over 3 billion in 2008. Growth is
particularly impressive in developing economies. With only 1
billion bank accounts worldwide and close to 4 billion mobile phone
subscribers, both mobile network operators and financial
institutions recognize the value proposition in offering mobile
financial services.
About Alternet Systems (http://www.alternetsystems.com/)
Alternet Systems offers a wide range of mobile commerce and
electronic ticketing payment services and solutions. It facilitates
the transition of cash based transactions to mobile based cashless
applications, by enabling the end user with a simple, efficient and
reliable mobile experience. From M-Commerce Solutions IP
Applications Billing to E-ticketing Services, Alternet offers a
comprehensive suite of applications for the Utilities, Public
Transportation, Financial, and Telecommunications markets. Its
broad range of solutions delivers affordable and efficient
m-commerce platforms that truly enable new customers, new merchants
and new services. Alternet Systems, Inc. is a U.S. corporation
headquartered in Miami, Florida.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the Company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements.
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Contact: Investor Relations 214-556-5927
ir@alternetsystems.com
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