ALYI - Alternet Systems Explores Hemp-Based Energy Storage

Dallas, TX -- October 16, 2018 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) today announced a new initiative to explore hemp-based technologies for energy storage. The company recently announced expanding beyond its initial lithium focus to explore a variety of energy storage research and development initiatives to solve the global energy storage shortage problem. Hemp has a high potential for offering a commercial energy storage alternative. Hemp is already used used for food, fuel, medicine, building materials, and plastics. Recent research has shown supercapacitors with electrodes made from hemp-based carbon nanosheets outperform standard supercapacitors by nearly 200%. Look for a strategic announcement on Alternet’s new hemp-based energy storage intiative later this week.

Alternet Systems is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles, to be followed by motorbikes. These products are released through the company’s newly launched ReVolt Electric Motorbikes subsidiary.

Speculative-Buy and $0.09 Target PPS

Goldman Small Cap Research recently issued an updated research report on ALYI. The report includes a 'speculative-buy' rating with a target price-per-share of $0.09. The report provides an in-depth overview and analysis of Alternet's new strategy, new orders, and upcoming milestones. To view the report, along with disclosures and disclaimers, visit https://www.alternetsystemsinc.com/research-rpt/ or http://www.GoldmanResearch.com. Management indicates that the company will engage Goldman to issue another update in the event the company reaches its first million in revenue by year end, 2018.

You can learn more on the company's new website about its expansion beyond lithium centric energy storage solutions in addition to its projects to advance energy storage technology through inclusion into electric vehicle projects and military application projects: http://www.AlternetSystemsInc.com

Learn more about ReVolt Electric Motorbikes: http://www.revoltmotorbikes.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/