ALYI Electric Motorcycle Production On Track To Reach $2 Million Revenue By Year End 2021 And $10 Million In 2022

Dallas, Texas, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) (“ALYI”) today announced the company’s electric motorcycle production to support fulfillment of electric motorcycles for the motorcycle taxi market in East Africa is on track to support the company’s $2 million revenue target for year-end 2021 and to support the company’s confirmed initial $10 million base revenue target for 2022.

Management will present the revenue target plans in more detail later this week, on Thursday, December 2^nd.  The presentation will include an overview of ALYI’s stretch revenue target of $50 million for 2022.

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
[e-mail]
[phone]

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• ALYI Electric Motorcycle Production On Track To Reach $2 Million Revenue By Year End 2021 And $10 Million In 2022

ALYI Electric Motorcycle Production On Track To Reach $2 Million Revenue By Year End 2021 And $10 Million In 2022

ALYI Electric Motorcycle For East Africa Motorcycle Taxi Market

Source: Alternet Systems, Inc.

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