Alternet Systems, Inc. $75 Million Mobile Commerce Plan Including Asia and Africa Partnerships With 320 Million Subscribers to Be Featured in Webcast Tuesday
February 19, 2010 11:04 ET | Source: Alternet Systems, Inc.
DALLAS, TX--(Marketwire - February 19, 2010) - Alternet Systems, Inc. (OTCBB: ALYI) is scheduled to be featured in a NewMarket Technology, Inc. (PINKSHEETS: NWMT) Greenfield Partners Program on-demand Webcast Tuesday, February 23rd. The Webcast agenda includes a presentation on Alternet's recently announced five-year plan to reach $75 million in annual revenue and recently announced joint venture, Utiba Americas, with mobile commerce provider Utiba Pte. Ltd. Utiba is a leading global supplier of mobile financial transaction platforms for mobile operators and financial institutions, and Utiba's products are successfully deployed across four different continents and over 320 million subscribers.
The Greenfield presentation on Alternet's five year plan will also feature Alternet's partnerships and partner opportunities with other Greenfield Partners including NewMarket's Chinese subsidiary, NuMobile, Inc. (OTCBB: NUBL) and Nova Energy, Inc. (OTCBB: NVAE).
The on-demand Webcast will be posted to the NewMarket website www.newmarkettechnology.com, and a link to the Webcast will be published and sent to the NewMarket e-mail database upon release of the Webcast Tuesday.
About NewMarket Technology, Inc. (http://www.newmarkettechnology.com/)
NewMarket is a reporting company with audited financial reports filed with the SEC. NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Last year the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.
Across the globe, NewMarket is a Microsoft and Oracle partner, distributes various computer hardware and peripherals from brand partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized reseller of operating systems and various software from companies such as Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company works with emerging technologies such as mobile computing, various security and wireless broadband technologies. NewMarket's rapid growth since 2002 has placed the Company on the Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.
About Alternet Systems Inc. (www.alternetsystems.com)
Alternet Systems Inc., (OTCBB: ALYI) a US corporation headquartered in Miami, Florida, is a leading enabler of Mobile Commerce services in the Americas and Caribbean. Alternet has regional presences in 16 countries throughout the region through a network of fulfillment partners and agents. Alternet's subsidiaries provide a comprehensive suite of hosted and Software as a Service (SaaS) applications for the Utility, Transportation, Financial, and Telecommunication, and Retail industries. Alternet subsidiaries include Utiba Americas, a joint venture with Utiba Pte Ltd., the leading provider of mobile payment and financial transaction software and Tekvoice Communications, an established provider of hosted Voice over Internet Protocol (VOIP) billing services.
"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.
Contact Information: Media Contact at Alternet: Erin Clancy VP Marketing eclancy@alternetsystems.com Investor Relations Contact at Alternet: Investor Relations ir@alternetsystems.com 214-556-5927
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