ALYI Retro Revolt Electric Motorcycle To Rollout With PJET University Roadshow

Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) announced the involvement of its Retro Revolt Electric Motorcycle in an upcoming demonstration for university campuses in Texas. This event is in collaboration with Priority Aviation, Inc. (OTC Pink: PJET), which has transitioned to provide services for university students. The pilot program will showcase electric motorcycles and allow interested buyers to test and order the Retro Revolt. The demo is expected to begin before the end of Q1 2022.

Positive

• Partnership with PJET may enhance market reach and visibility among university demographics.
• Demonstration events can lead to potential sales opportunities for the Retro Revolt Electric Motorcycle.

Negative

• Dependence on the success of the pilot program for future sales expansion.
• Risks associated with meeting performance and schedule requirements for contracts.

Dallas, Texas, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) today announced plans to include their Retro Revolt Electric Motorcycle in the upcoming electric motorcycle demonstration coming to university campuses in Texas.

ALYI has partners with Priority Aviation, Inc. (OTC Pink: PJET), a company that is no longer in the aviation business having transitioned into a business serving university students. ALYI is providing electric motorcycles to PJET for a pilot university student campus transportation program that could expand from a pilot into a full-fledged program. PJET expects to start demonstrating vehicles on campuses in Texas before the end of the first quarter and taking orders.

When the PJET demo rolls out, it will include the Retro Revolt Electric Motorcycle in addition to the campus electric motorcycles.  The demos will be advertised advance. Interested buyers of the Retro Revolt Electric Motorcycle will be able to attend the demonstration and try out the Retro Revolt Electric Motorcycle and place an order.

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.
Randell Torno
info@lithiumip.com
+1-800-713-0297

FAQ

What is the purpose of ALYI's electric motorcycle demonstration in Texas?

The demonstration aims to showcase the Retro Revolt Electric Motorcycle and potentially expand into a transportation program for university students.

When will the electric motorcycle demonstrations take place?

The demonstrations are expected to begin before the end of the first quarter of 2022.

Who is partnering with ALYI for the electric motorcycle program?

ALYI is partnering with Priority Aviation, Inc. (PJET) for the university campus transportation program.

What can attendees do at the motorcycle demonstration events?

Attendees will have the opportunity to try out the Retro Revolt Electric Motorcycle and place orders.

What risks does ALYI mention in its press release regarding future sales?

ALYI notes risks such as not achieving significant sales, failing to meet contract requirements, and increased competition.