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ALYI Announces RevoltTOKEN ICO Update Scheduled Friday, February 12, 2020

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Alternet Systems (ALYI) announced that its finance partner, RevoltTOKEN, will provide an independent update on its planned ICO on February 12, 2020. This follows the launch of ALYI's democratized electric vehicle ecosystem, which includes the Revolt Electric Motorcycle. The company aims to develop a comprehensive ecosystem for electric vehicles across diverse transportation modes, enhancing its global strategy. The presentation detailing this strategy is available online in both flip book and video formats.

Positive
  • Launch of the Revolt Electric Motorcycle targeting North American and African markets.
  • Introduction of a democratized electric vehicle ecosystem aimed at continuous innovation.
Negative
  • Dependence on the successful launch of the RevoltTOKEN ICO, which carries inherent risks.
  • Forward-looking statements indicate potential uncertainties in meeting sales and performance expectations.

DALLAS, Feb. 9, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI), in conjunction with its recently released democratized electric vehicle ecosystem multimedia presentation, today announced the company's finance partner, RevoltTOKEN, will publish an independent update on progress toward its planned ICO. The update is scheduled for release this Friday, February 12, 2020.

ALYI has kick-started a comprehensive electric vehicle ecosystem with the introduction of the Revolt Electric Motorcycle with North American and African Continent editions scheduled to rollout this year.

Now ALYI is unveiling the company's overarching strategy for its global, long-term, democratized electric vehicle ecosystem designed to continuously introduce new electric vehicles, supporting technology, and the infrastructure components necessary to support electric vehicle transportation on land, sea and in the air. 

View the presentation in either a flip book format or video presentation:

Flip Book:

The Global Democratized Electric Vehicle Ecosystem Collaboration Strategy

Video:

The Global Democratized Electric Vehicle Ecosystem Collaboration Strategy

For more information and to stay up to date on ALYI's overall latest developments, please visit www.alternetsystemsinc.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

Cision View original content:http://www.prnewswire.com/news-releases/alyi-announces-revolttoken-ico-update-scheduled-friday-february-12-2020-301224966.html

SOURCE Alternet Systems, Inc.

FAQ

What is the update from RevoltTOKEN related to ALYI scheduled for February 12, 2020?

RevoltTOKEN will publish an independent update on its planned ICO.

What is the significance of the Revolt Electric Motorcycle for ALYI?

The Revolt Electric Motorcycle is a key product in ALYI's democratized electric vehicle ecosystem targeting North American and African markets.

How does ALYI plan to support electric vehicle transportation?

ALYI aims to create a comprehensive ecosystem with new electric vehicles and necessary supporting technology and infrastructure.

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