ALYI Alternet Systems Inc.

ALYI Launches Next Generation Electric Motorcycle Design

Dallas, Texas--(Newsfile Corp. - November 20, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced launching a new design program for what will now be its third electric motorcycle.

Earlier this week, ALYI announced plans to start taking orders for its Retro ReVolt BMW R71 Clone Electric Motorcycle starting in December.

ALYI also plans to start delivering its Rideshare ReVolt Electric Motorcycle in Africa next year for the growing rideshare market gradually replacing existing combustion engine motorcycles in use within the existing taxi (boda-boda) market.

Now ALYI has initiated a new design program for its next generation electric motorcycle for the rideshare market in Africa. The next generation electric motorcycle is intended to phase out the electric first Rideshare Revolt Electric Motorcycle that will begin being delivered next year.

The next generation electric motorcycle is intended to be a revolutionary design that introduces new technology innovations including longer range batteries, increased power for maximizing passenger and cargo potential and IoT solutions for fleet management and optimized customer services. The design will also facilitate customization with ability to integrate a variety of components on a uniquely designed core frame. For instance, the frame will be designed to integrate with different forks, seats, handlebars and motors. In addition to permitting customization for personal preference, the interchangeability will facilitate future component upgrades as well as facilitating a lower entry price by combining a core frame purchase with component lease total acquisition options.

For more information and to stay up to date on ALYI's latest developments, please visit .

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

To view the source version of this press release, please visit

EN
20/11/2020

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