WPUR and ALYI On Track To Deliver Off Grid EV Charging Solution

Rhea-AI Summary

WaterPure International, Inc. (OTC Pink: WPUR) and Alternet Systems, Inc. (OTC Pink: ALYI) are progressing on an off-grid clean electric energy production and EV charging solution, with a pilot set to launch in June 2022. This technology, previously developed in a lab, is being scaled for practical use. The initiative aligns with ALYI’s EV racing efforts and partnerships, including a link with the East African Grand Prix. Notable ecosystem partners enhance capabilities, focusing on sustainable EV solutions.

Positive

• Launch of off-grid clean electric energy and EV charging solutions set for June 2022.
• Technology successfully transitioned from lab development to pilot stage.
• Partnerships with ALYI and East African Grand Prix provide significant industry exposure.
• Ecosystem partnerships expand capabilities and resources for WPUR.

Negative

• None.

Dallas, Texas, March 14, 2022 (GLOBE NEWSWIRE) -- WaterPure International, Inc. (OTC Pink: WPUR) with Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed work on launching an off grid, clean electric energy production, storage and electric vehicle (EV) charging solution is proceeding on track and the previously announced pilot is expected to go live in June of this year.

The technology has been built in a lab and will now be scaled into a pilot in advance of a larger rollout. 

WPUR’s off grid EV charging solution is expected to be featured in conjunction with ALYI’s EV racing initiative. ALYI has worked closely with a Kenyan race event business named East African Grand Prix (EAGP).  EAGP has a provisional license with Formula E intended to bring a annual Formula E race event to Kenya.

ALYI’s EV ecosystem partnership network is growing and has achieved a number of notable milestones in 2021 in addition to the EAGP/Formula E partnership. The partnerships both expand the overall capabilities of the ALYI EV ecosystem while also providing off balance sheet resources.

EV ecosystem partners include WPUR adding sustainable EV charging solutions, Priority Aviation, Inc. (OTC Pink: PJET), adding EV market expansion opportunity, and iQSTEL, Inc. (OTCQX: IQST), contributing vital EV technologies.

To learn more about WPUR, visit https://www.wpurinc.com/.

To learn more about ALYI, 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.

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

WaterPure International, Inc.
Ed Bollen
info@wpurinc.com
972-918-5256

FAQ

What is WaterPure International's latest announcement regarding EV charging solutions?

WaterPure International, in partnership with Alternet Systems, is launching an off-grid clean electric energy production and EV charging solution, with a pilot expected in June 2022.

How will the new EV charging solution impact WaterPure International's business?

The new EV charging solution is expected to enhance WaterPure International's market presence and operational capabilities within the EV ecosystem.

What partnerships is WaterPure International involved with for its EV initiative?

WaterPure International is collaborating with Alternet Systems and the East African Grand Prix as part of its EV charging and racing initiatives.

When is WaterPure International's EV charging pilot expected to go live?

The pilot for WaterPure International's EV charging solution is expected to go live in June 2022.

What potential risks are associated with WaterPure International's new project?

The project carries risks such as meeting performance requirements, competition, and overall market acceptance, as noted in the forward-looking statements.