ALYI - Alternet Systems Announces Lithium Technology Military Application Strategy Presentation
May 24 2018 - 9:55AM
InvestorsHub NewsWire
Dallas, TX -- May 24, 2018 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today announced releasing an online presentation on the company’s
website to provide an overview of the company’s current
strategy to integrate its portfolio of lithium battery technology
into energy solutions to support combat systems. Alternet concentrates defense industry sales
efforts on developing partnerships with the approved government
contractors that account for more than $250 Billion in
annual US defense spending. The
narrative from the presentation is included in its entirety
below. This presentation was originally scheduled to be
released yesterday, but was delayed due to unanticipated schedule
conflicts.
Alternet Systems Business Development Strategy
To Integrate Its Portfolio Of Lithium Technology Into Combat
Solutions
The United States
Military uses a lot of lithium batteries. Do a Google search
of “lithium-batteries-military” and you can read for days about the
current applications of lithium batteries in the military; research
the military is doing into improving upon current lithium battery
technology, and multiple contracts signed procuring lithium
batteries for the military. The US military spends over $100
million dollars a year on batteries. Now consider that there
are 195 countries in the world (at last count) and only about 20 of
them does not have a military. That’s a pretty big battery
market and as military equipment becomes more electronic and more
portable, that battery market is only going to
grow.
As non-state
sponsored militant organizations continue to grow and proliferate,
such organizations will be focused on developing counter
electronics to attack the electronic command and control systems of
larger state-sponsored militaries. In turn, larger
state-sponsored militaries will be looking to develop counter
measures to prevent cyber-attacks. As the battlefield
continues to evolve from invasion and defense campaigns toward
surgical, and often covert strikes, demand for individual mobile
electronic solutions will continue to grow. The military need
for durable, sustainable and long-lasting self-contained power
sources is only going to get bigger.
The management team
at Alternet has first-hand experience with many of the military,
special operations and clandestine uses of batteries. The
management team is familiar with many of the vendors (most of which
people have never heard of) that provide the military with current
contained power solutions today. The most notable experience
the Alternet management team brings is with the training operations
conducted with small nation-states to empower those entities to
support the United Nations consensus on allied sovereign
authority. Accordingly, in addition to Alternet’s efforts to
develop partnerships concentrating on the integration of Alternet
technology into US combat systems, Alternet is also working to
develop similar partnerships for delivering combat systems
utilizing Alternet technology to small, allied nation-states.
The US military industry sector is the largest exporter of military
systems in the world accounting for over 30% of the entire defense
sector market.
In addition to the
ongoing business development efforts to partner with vendors to the
US military, Alternet has engaged in a funded agreement to develop
solutions in Africa. Non-state sponsored military
organizations well-known in the middle east that have also
masterminded notable attacks in Europe are also active in East
Africa. The United States actively supports counterterrorism
activities in East Africa. East African nations are both
independently and with the support of the United States engaged in
the battle against these well-known non-state sponsored military
organizations. Alternet is actively engaged in the development of
solutions that would integrate Alternet technology into systems
intended to give counterterrorist forces an advantage. The
engagement in Africa has the added benefit of being tangent to a
separate effort to develop distribution opportunities for Alternet’s ReVolt electric motorcycle in
Africa.
Learn
more on the company's website: 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/
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