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Alternet Nears Deal on Second Lithium Technology Acquisition

Alternet Nears Deal on Second Lithium Technology Acquisition

PR Newswire

DALLAS, January 11, 2018 /PRNewswire/ –

Alternet Systems, Inc. (USOTC: ALYI) today announced the company expects to make a strategic announcement next week on reaching a deal to acquire a second lithium technology. In July of last year, the company acquired an exclusive license agreement with Air Products and Chemicals, Inc. (NYSE: APD) for ten U.S. Patented lithium battery technologies with an option to acquire the ten U.S. Patents. The company is applying its portfolio of patented lithium battery technologies to enhance the value of electric powered products to include electric vehicles and military support systems. The company is implementing a strategy to optimize shareholder value in the application of its lithium technologies by spinning off applications into independently listed public companies and issuing stock in the independently listed companies to Alternet shareholders through dividend distributions. Management has announced two spinoffs and dividend distributions anticipated in 2018. To learn more about the spinoff and dividend strategy, see the company’s online presentation: Alternet Spinoff And Dividend Strategy To Unlock Shareholder Value

Learn more on the company’s website: http://www.otc-alyi.com or http://www.lithiumip.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


SOURCE Alternet Systems, Inc.

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