MIAMI, FL, Mar 09, 2010 (MARKETWIRE via COMTEX) –Alternet Systems, inc. /quotes/comstock/11k!alyi (ALYI 0.08, +0.00, +2.67%) is participating in MobileMoney Transfer (MMT) Americas Show(mobile-money-transfer.com/americas) this week in MexicoCity. During the show tomorrow, Henryk Dabrowski, CEO of Alternet, isscheduled to be an expert speaker in a panel discussion. he has beeninvited to contribute his professional experiences on hosted mobiletechnology in the mobile money market. Alternet is at the show thisweek to debut its recent joint-venture with Utiba Pte ltd – UtibaAmericas. Utiba, a leading global supplier of mobile financialtransaction platforms for mobile operators and financialinstitutions, has entered into a joint partnership with Alternetsystems to deploy a Software as a Service (SaaS) platform in theAmericas and the Caribbean region focused on mCommerce and mobilefinancial services including Mobile Remittances, Micro Finance andMobile Banking.

MMT Americas is the first MMT event in the region and will featureseveral notable guest speakers to include Francisco Gil Diaz,President, Telefonica and Movistar and Jojo Malolos, former MexicoMinister of Finance. The show is expected to include key stakeholdersin the mobile money transfer industry and provide the opportunity tolearn firsthand from industry experts through several workshops,roundtables, and CEO Q&a sessions.

The show is expected to draw large numbers of financial institutions,retailers, and mobile operators interested in the opportunity ofMobile Commerce and Money Transfer in Latin America and theCaribbean, where more than 80% of the population owns a mobile phonebut less than 40% has access to a bank account. The USA to Mexico isthe world’s largest remittance corridor, with Mexico the world’sthird largest recipient of remittances, taking in 26.3 billiondollars per year.

About Alternet Systems inc. (alternetsystems.com)

Alternet Systems inc. /quotes/comstock/11k!alyi (ALYI 0.08, +0.00, +2.67%) , a US corporation headquarteredin Miami, Florida, is a leading enabler of Mobile Commerce servicesin the Americas and Caribbean. Alternet has regional presences in 17countries throughout the region through a network of fulfillmentpartners and agents. Alternet’s subsidiaries provide a comprehensivesuite of hosted and Software as a Service (SaS) applications for theUtility, Transportation, Financial, and Telecommunication, and Retailindustries. Alternet subsidiaries include Utiba Americas, a jointventure with Utiba Pte ltd., the leading provider of mobile paymentand financial transaction software and Tekvoice Communications, anestablished provider of hosted Voice over Internet Protocol (VOIP)billing services.

“SAFE HARBOR STATEMENT” UNDER THE PRIVATE SECURITIES LITIGATIONREFORM ACT OF 1995Certain statements in this news release may contain forward-lookinginformation within the meaning of Rule 175 under the Securities Actof 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, andare subject to the safe harbor created by those rules. Allstatements, other than statements of fact, included in this release,including, without limitation, statements regarding potential futureplans and objectives of the Company, are forward-looking statementsthat involve risks and uncertainties. There can be no assurance thatsuch statements will prove to be accurate and actual results andfuture events could differ materially from those anticipated in suchstatements.

Media Contact at Alternet:Erin ClancyVP Marketingeclancy@alternetsystems.comInvestor Relations Contact at Alternet:Investor Relationsir@alternetsystems.com214-556-5927

SOURCE: Alternet Systems, inc.

mailto:eclancy@alternetsystems.commailto:ir@alternetsystems.com

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