ALYI EV Brand Recognition Milestone On The Horizon With Revenue Ramp Up To Follow

Rhea-AI Summary

Alternet Systems (USOTC: ALYI) anticipates significant brand recognition growth in 2022, driven by its electric vehicle (EV) race event and strategic partnerships. The company expects substantial revenue increases from this event and sales from electric motorcycles, supported by a current pilot program in Kenya tied to a 2,000-unit order. ALYI aims to develop an EV ecosystem contributing to technology advancements in the African market, promoting democratized participation through the sale of Revolt Tokens.

Positive

• Anticipated substantial revenue growth in 2022 from EV race event and electric motorcycle sales.
• Ongoing pilot program in Kenya showing promising results linked to a 2,000-unit order.
• Development of an EV ecosystem targeting advancements in the African market.

Negative

• None.

DALLAS, July 14, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) ("ALYI") today announced that management anticipates the ALYI brand name recognition to explode later this year as its electric vehicle (EV) race program and corresponding partnerships come to light when the company announces the full extent of its EV race event scheduled to debut next year.  ALYI management also anticipates a substantial revenue ramp up next year with sales coming from the EV race event in addition to the sales ALYI anticipates from its electric motorcycles currently being piloted in conjunction with a 2,000 unit order.

ALYI is building a comprehensive EV ecosystem solution designed to advance entire EV sector with perpetual contribution to EV technology advanced by the ongoing participation of EV industry leaders. 

ALYI is targeting the participation of brand name EV industry leaders in an annual EV symposium and conferenced anchored by an EV race event in Kenya.  The objective of the EV symposium and conference is to advance EV technology by building EV solutions for the African market – a power constrained, rugged environment with one of the lowest per capita transportation deployments in the world.  EV solutions for the African market will be applicable the world around.  EV solutions designed and built in Africa also contribute to building an autonomous African economy.

ALYI has seeded its EV ecosystem solution with the development of its own EV motorcycle business.  ALYI has recently initiated an Electric Motorcycle pilot program in Kenya which is already generating results expected to set ALYI's EV business apart from the competition.

ALYI has published an overview of the pilot program highlighting the pilot objectives.  As the pilot ramps up this month, ALYI management plans to begin sharing featured moments of the pilot program in progress to include pictures and videos.  The pilot is expected to go on for approximately ninety days.

The pilot is being conducted in conjunction with a 2,000 electric motorcycle order, the fulfillment of which is being finalized with results from the pilot.

ALYI has designed its EV ecosystem solution to include democratized participation. ALYI has partnered with ReovltTOKEN to finance ALYI's growth by offering participation in the EV ecosystem through the sale of Revolt Tokens.

To learn more about RevoltTOKEN and how to participate in ALYI's electric vehicle ecosystem through the purchase of Revolt Tokens, visit www.revolttoken.com.

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.

For more information, please visit: http://www.alternetsystemsinc.com

Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297

View original content:https://www.prnewswire.com/news-releases/alyi-ev-brand-recognition-milestone-on-the-horizon-with-revenue-ramp-up-to-follow-301333908.html

SOURCE Alternet Systems, Inc.

FAQ

What is the expected revenue growth for ALYI in 2022?

Alternet Systems anticipates substantial revenue growth in 2022 from its electric vehicle race event and electric motorcycle sales.

Where is ALYI conducting its electric motorcycle pilot program?

The electric motorcycle pilot program by Alternet Systems is being conducted in Kenya.

What is the significance of the EV race event for ALYI?

The EV race event is expected to significantly enhance brand recognition and drive revenue growth for Alternet Systems.

How is ALYI financing its growth?

ALYI is financing its growth through the sale of Revolt Tokens, which allow participation in its electric vehicle ecosystem.

What are the expected outcomes of the pilot program?

The pilot program is expected to yield results that will set ALYI's electric vehicle business apart from competitors.