Alternet Patented Lithium Battery Technology Could Help Tesla Stop Fires
May 11 2018 - 10:25AM
InvestorsHub NewsWire
Dallas, TX – May 11, 2018
Alternet Systems, Inc. (USOTC:
ALYI) featured the highlights of its patented lithium battery
technology and the potential for the technology to reduce the risk
of fire and explosion in lithium batteries currently in the
market. Another Tesla fire was in the news
yesterday and Alternet management believes their patented lithium
battery technology could help Tesla reduce and even eliminate the
risk of fires. “Lithium batteries have shown a tendency to
overcharge and in so doing, overheat,” explained Randel Torno, CEO
of Alternet. “The electrolytes in lithium batteries have some
flammable characteristics. Over-heating and flammable
characteristics can be a bad combination. Among other benefits,
Alternet’s patented lithium battery technology reduces overcharging
issues and reduces the flammability of the electrolytes. Our
technology produces a more efficient and safer
battery.”
To further develop its lithium battery technology, Alternet
recently launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing the company’s
portfolio of patented lithium battery
technologies. Alternet secured the patented lithium
battery technology from the original developer of the technology,
Air Products and Chemicals, Inc. (NYSE: APD). The technology
has been tested by Nissan Motor Company, Ltd.
Goldman Small Cap Research recently
issued a research report on the Company. 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 patented lithium battery technology portfolio and the
first application of the technology in an electric motorcycle being
produced by an Alternet subsidiary. To view the report,
visit www.lithiumip.com/research-rpt or
www.GoldmanResearch.com.
About Alternet Systems,
Inc.
Alternet Systems, Inc. is leveraging its
key lithium battery technologies patent agreement to introduce
innovative, environmentally sustainable products to various
consumer markets. The first product category in which a first run
of production will be introduced this year, is lithium
battery-powered motorcycles, to be followed by motorbikes. These
products will be released through its newly launched ReVolt
Electric Motorbikes subsidiary.
Keep up with ReVolt’s latest developments by checking back
periodically to the company’s website: www.revoltmotorbikes.com
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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