ALYI To Detail North American Electric Motorcycle Design Improvement To Extend Range In Update Scheduled For This Friday

Rhea-AI Summary

Alternet Systems, Inc. (USOTC: ALYI) announced a shareholder update scheduled for March 12, 2021, revealing a new design improvement for its Retro Electric Revolt Electric Motorcycles. This enhancement aims to increase the cruising range of the motorcycles, which are based on the classic BMW R71 frame. ALYI has already secured pre-orders for the first 200 units, with a growing waitlist, indicating strong market interest. This update reflects ALYI's commitment to innovation in the electric motorcycle segment, as the company prepares to launch these products in North America.

Positive

• Scheduled shareholder update to reveal design improvements for increased cruising range.
• Pre-orders secured for the first 200 Retro Electric Revolt Electric Motorcycles, indicating strong demand.
• Design based on the classic BMW R71 frame, appealing to vintage motorcycle enthusiasts.

Negative

• None.

DALLAS, March 8, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today announced a shareholder update scheduled this Friday, March 12, 2021 to present a new design update that will be included in the first 200 Retro Electric Revolt Electric Motorcycles coming to market in North America this year.  ALYI has already received pre-orders for the first 200 Retro Electric Revolt Electric Motorcycle based on the classic BMW R71 frame and has a growing waitlist.  The update, coming from ALYI's design group, will detail the design improvement that will increase the electric motorcycle's cruising range.

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

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SOURCE Alternet Systems, Inc.

FAQ

What is the significance of ALYI's shareholder update on March 12, 2021?

ALYI's shareholder update on March 12, 2021, will detail design improvements for their Retro Electric Revolt Electric Motorcycles, focusing on enhancing the cruising range.

How many Retro Electric Revolt Electric Motorcycles has ALYI pre-ordered?

ALYI has secured pre-orders for the first 200 Retro Electric Revolt Electric Motorcycles, with a growing waitlist.

What design is the Retro Electric Revolt Electric Motorcycle based on?

The Retro Electric Revolt Electric Motorcycle is based on the classic BMW R71 frame.

When will ALYI launch its electric motorcycles in North America?

ALYI is set to launch the Retro Electric Revolt Electric Motorcycles in North America in 2021.

What can investors expect from ALYI's new design update?

Investors can expect insights into design improvements that will extend the cruising range of ALYI's electric motorcycles.