ALYI To Deliver Electric Motorcycles For PJET College Campus Pilot

Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) announced plans to deliver electric motorcycles for a pilot project with Priority Aviation, Inc. (OTC Pink: PJET). This initiative is part of PJET's pivot towards technologies aimed at enhancing student life on college campuses, specifically addressing the global housing shortage. More information is expected as the pilot rollout approaches, although the PR emphasizes inherent risks, including competition and the uncertainty of sales performance.

Positive

• Initiative to deliver electric motorcycles, potentially expanding market presence.
• Partnership with PJET may enhance visibility in the educational sector.

Negative

• Inherent risks include competition from financially stronger companies.
• Uncertainty regarding the achievement of significant sales.

Dallas, Texas, Nov. 26, 2021 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) (“ALYI”) today announced the company will deliver electric motorcycles for use in an electric motorcycle pilot conducted by Priority Aviation, Inc. (OTC Pink: PJET).  PJET has recently refocused its business on the development and delivery of technologies to enhance student life on college campuses centered primarily around a global shortage of campus housing. Look for more details coming from PJET as the pilot rollout approaches.

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

FAQ

What is ALYI's recent announcement?

ALYI announced it will supply electric motorcycles for a pilot project with PJET.

How does the partnership with PJET benefit ALYI?

The partnership could enhance ALYI's market visibility in the educational sector.

What risks are associated with ALYI's latest venture?

Risks include competition from stronger companies and uncertainty in achieving significant sales.

When will more information on the pilot project be available?

Further details are expected to be released as the pilot rollout approaches.