Dallas, TX -- October 26, 2017 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) today announced plans to imminently disclose specific details regarding its recently acquired portfolio of US patented lithium based energy storage technologies. The announcement is in response to inquiries received in response to recent announcements regarding the company’s negotiations with Lithium Exploration Group, Inc. (USOTC: LEXG) to jointly pursue the growing demand for lithium batteries driven in large part by the $83 billion electric vehicle market with 40% CAGR.  In conjunction with the negotiations, LEXG published an independent report it had commissioned to analyze and review ALYI’s patent portfolio. 
 
“The report has generated some enthusiastic questions regarding our technology that are best answered in the form of a public disclosure,” said Randell Torno, CEO of Alternet Systems. “Prior to the July 21st change of control and acquisition of the lithium technology portfolio, the company fell behind in its periodic public reporting, but we’ll have all the past reports updated, if I have my way, by the end of this week.  You might notice two reports were updated yesterday. The final public disclosure update will include details on each patent to include the patent number and a summary of the technology.”
 
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/