Welcome!

Mobile IoT Authors: Yeshim Deniz, Zakia Bouachraoui, Pat Romanski, Carmen Gonzalez, Liz McMillan

News Feed Item

Alternet Systems, Inc. Mobile Payment and M-Commerce Systems to Be Featured on Kenya Trade Mission

Strategic Update Webcast Scheduled for Release Thursday, October 29th

MIAMI, FL -- (Marketwire) -- 10/26/09 -- Alternet Systems, Inc. (OTCBB: ALYI) representatives are joining a previously announced Trade Mission to Kenya commencing today that is scheduled to feature the Company's mobile payment and m-commerce technology solutions for the East African market. Alternet has announced partnerships to penetrate markets Africa, as well as Asia, through the Greenfield program, in addition to its current base of sales in Central and South America.

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.

Strategic Update Webcast Scheduled for Thursday, October 29th

Alternet has announced a scheduled Webcast presentation for Thursday, October 29th, to review the Company's acquisition and sales pipeline in China, Africa, Latin America and North America. The Company plans to build a portfolio of mobile payment software solutions through the acquisition of strategic mobile services system integrators and solution developers and the Company's primary sales targets for will be concentrated within developing economic regions. A link to the Webcast is scheduled to be published upon release on Thursday.

Greenfield Partner Webcast Available On-Line

To learn more about Alternet and its participation in the Greenfield program, please review a brief Webcast currently available online at http://www.newmarkettechnology.com/webcast_20091009.htm. 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.

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.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Investor Relations
214-556-5927
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
Blockchain is a new buzzword that promises to revolutionize the way we manage data. If the data is stored in a blockchain there is no need for a middleman - the distributed database is stored on multiple and there is no need to have a centralized server that will ensure that the transactions can be trusted. The best way to understand how a blockchain works is to build one. During this presentation, we'll start with covering the basics (hash, nounce, block, smart contracts) and then we'll crea...
History of how we got here. What IoT devices are most vulnerable? This presentation will demonstrate where hacks are most successful, through hardware, software, firmware or the radio connected to the network. The hacking of IoT devices and systems explained in 6 basic steps. On the other side, protecting devices continue to be a challenging effort. Product vendors/developers and customers are all responsible for improving IoT device security. The top 10 vulnerabilities will be presented a...
As the fourth industrial revolution continues to march forward, key questions remain related to the protection of software, cloud, AI, and automation intellectual property. Recent developments in Supreme Court and lower court case law will be reviewed to explain the intricacies of what inventions are eligible for patent protection, how copyright law may be used to protect application programming interfaces (APIs), and the extent to which trademark and trade secret law may have expanded relev...
Never mind that we might not know what the future holds for cryptocurrencies and how much values will fluctuate or even how the process of mining a coin could cost as much as the value of the coin itself - cryptocurrency mining is a hot industry and shows no signs of slowing down. However, energy consumption to mine cryptocurrency is one of the biggest issues facing this industry. Burning huge amounts of electricity isn't incidental to cryptocurrency, it's basically embedded in the core of "mini...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Every organization is facing their own Digital Transformation as they attempt to stay ahead of the competition, or worse, just keep up. Each new opportunity, whether embracing machine learning, IoT, or a cloud migration, seems to bring new development, deployment, and management models. The results are more diverse and federated computing models than any time in our history.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...
Where many organizations get into trouble, however, is that they try to have a broad and deep knowledge in each of these areas. This is a huge blow to an organization's productivity. By automating or outsourcing some of these pieces, such as databases, infrastructure, and networks, your team can instead focus on development, testing, and deployment. Further, organizations that focus their attention on these areas can eventually move to a test-driven development structure that condenses several l...