DALLAS, TX / ACCESSWIRE / April 3, 2018 / Alternet Systems, Inc. (OTC PINK: ALYI) today previewed a coming announcement that will reveal details about the Company's first Electric Vehicle (EV) expected to launch in time for this year's holiday season. Alternet has established a new subsidiary that will produce EVs utilizing Alternet's Patented Lithium Battery Technology. The EV subsidiary has a two-phase marketing strategy. The first is to introduce an EV product for a limited market within the United States. The second phase is to introduce an EV product for a much larger international market. The pilot EV for the first phase is under construction and anticipated to be completed within in the next 60 days. The EV is a retro-styled motorcycle with a design based on a specific classic motorcycle. Instead of a gas-powered engine, the retro-styled motorcycle has an electric motor. This retro-styled motorcycle is the first of a planned line of electric motorcycles with retro designs based on classic motorcycles. In the second phase of the EV marketing strategy, the company plans to introduce a utility daily driver electric motorcycle for sale into the worlds developing economic regions where motorcycles are a primary means of transportation. Look for a detailed announcement on Alternet's first EV after the company releases its pending annual report for 2017.
Learn more on the company's website: www.otc-alyi.com or www.lithiumip.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.
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
1 800 713 0297
https://www.otc-alyi.com/contact/
SOURCE: Alternet Systems, Inc.
