ALYI nice news out Tuesday, October 24 2017 8:31 AM, EST

New Post Public Reply Private Reply Replies (0) Message Board
i_like_bb_stock
295
ALYI nice news out Tuesday, October 24 2017 8:31 AM, EST Alternet Systems Confirms Lithium Exploration Group Partnership Negotiations to Pursue Growing Lithium Demand Driven by $83 Billion Electric Vehicle Market PR Newswire "Press Releases US - English"

DALLAS , October 24, 2017 /PRNewswire/ --

Alternet Systems, Inc. (USOTC: ALYI) today confirmed that the company is in negotiations with Lithium Exploration Group, Inc. (USOTC: LEXG). This confirmation is released as a joint announcement from the two companies. The two companies are working together to pursue the growing demand for lithium batteries driven in large part by the $83 billion electric vehicle market and 40% CAGR.

Reducing Fire and Explosion from Lithium Ion Cell Overcharging

Alternet Systems acquired Lithium IP Holdings on July 21st of this year. Prior to the acquisition by Alternet Systems , Lithium IP Holdings obtained a portfolio of patented lithium-based energy storage technologies in an exclusive and confidential agreement with a prominent Fortune 500 company. A joint announcement with the Fortune 500 company detailing the agreement and disclosing specifics of the patents is in the works. In February this year, when Lithium IP Holdings and LEXG initially engaged and Lithium IP Holdings was in negotiations to acquire the subject patent portfolio, LEXG commissioned an independent analysis of the lithium battery related technology portfolio. LEXG has made their independent report available for review. The report highlights the technology portfolio's contribution to the reduced risk of fire and explosion from the overcharging of lithium ion cells.

Alternet Systems plans to expand its portfolio of lithium technologies and is accordingly eager to explore a strategy to capitalize on Lithium IP Holdings previous relationship with LEXG.

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 info@lithiumip.com +1-800-713-0297

https://www.otc-alyi.com/contact/

SOURCE Alternet Systems, Inc. and Lithium Exploration Group, Inc.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Vitamin Angels Drives Global Nutrition Advancements

Updated Category News Views 4

Navigating the Waters of Global Nutrition Bet you never thought a vitamin program could spearhead the front lines of healthcare, huh? Vitamin Angels are grinding away under the radar, shifting the landscape for maternal and child nutrition. At the heart of it all is their vision to make UNIMMAP multiple micronutrient supplementation (MMS) a staple in the global playbook....

Continue Reading
OCI N.V. Secures a Win in Court; EGM Proceeds as Planned

Updated Category News Views 8

OCI Dodges a Bullet in Amsterdam Court Stepping into the courtroom drama, OCI N.V. just took home a win as the Amsterdam Court of Appeal's Enterprise Chamber gave them a clean bill of health, kicking out the inquiry request from VEB and a bunch of other shareholders. The judges weren't convinced there was anything fishy going on, so they tossed the inquiry petition and...

Continue Reading
Duke Energy's Cost-Protection Plan Shields Ratepayers

Updated Category News Views 2

Shielding Customers From Data Center Costs Let's get right into the thick of it: Duke Energy's latest move is a strategic one, shrouded in industry terms but with a real impact on regular folks' wallets. The company's agreement with heavyweights like Amazon, Google, and Meta aims to protect existing customers in North Carolina from getting hit with the costs of powering...

Continue Reading
HelloNation Brings 'Edvertising' to NC REALTORS® Event

Updated Category News Views 3

HelloNation's Bold Step into Real Estate Networking October 8th to the 11th is shaping up to be a pivotal few days in Wilmington, North Carolina. Here’s the scoop: HelloNation, known for its innovative 'edvertising' model, is joining the bustling crowd at the 2026 NC REALTORS® Convention. This isn’t just any get-together—it's the grandest annual jamboree for real...

Continue Reading
C3EL Expands Federal Footprint with Strategic Contracts

Updated Category News Views 2

Pushing Boundaries in Federal Contracts What a ride C3EL's had in Government Fiscal Year 2026! Let me tell you, they’ve bagged a bunch of contracts that’d make any company’s mouth water. Kicking things off, they snagged a prime cybersecurity contract from the U.S. Air Force. Considering our current cybersecurity landscape, that's like striking gold. But they...

Continue Reading
Gong, Agentforce, Avoma Crowned 2026 CI Champions

Updated Category News Views 3

Diving Deep into Conversation Intelligence There's a lot to unpack when three software titans hog the spotlight, and that's exactly what's happening in the world of conversation intelligence this year. It's like we've hit the jackpot with Gong, Agentforce Sales, and Avoma carving out their turf as the 2026 Champions, according to the venerable Info-Tech Research Group....

Continue Reading
Ornellaia's 2026 Harvest: Adapting to Nature's Whims

Updated Category News Views 4

A Year Marked by Weather's Unpredictable Dance Nobody said making wine was a walk in the park, and the folks at Ornellaia know better than most how to roll with whatever nature throws their way. The 2026 harvest story is as much about unlocking the secrets of the soil as it is about navigating the quirks of the weather. Situated in Bolgheri, Italy, this year's vintage...

Continue Reading
Wally Disrupts Dental Industry with $25M Funding

Updated Category News Views 4

A New Breath of Fresh Air for Dental Care Dental visits—a tedious, costly affair we've all dreaded. So, when Wally rolls out an overhaul in this stale landscape, it's worth taking notice. With $25 million in their pockets from Series A funding led by Maveron, Wally's swaggering in with a plan to flip the script on dental care across the nation. Redefining the Dental...

Continue Reading
EMCO's New Automated Facility Could Shake Industry

Updated Category News Views 3

A Novel Leap in Production Capacity EMCO Industries just put a solid foot on the accelerator with their brand-new, shiny, fully automated plant over in Claremore, Oklahoma. If you're glancing at heavy-duty trailer springs, you can't ignore the fact that this is a multimillion-dollar investment. Heck, this monstrous 30,000-square-foot facility more than doubles what EMCO...

Continue Reading
U. of Phoenix and LACCD Launch 3+1 Degree Pathway

Updated Category News Views 3

Opening the Floodgates for Ambitious Community College Students When it comes to climbing the educational ladder, not everyone starts at the same rung. That's a fact we've all come to terms with in one way or another. Enter the University of Phoenix and the Los Angeles Community College District with a solution to expand educational access. The 3+1 Program: A Cost-Saving...

Continue Reading

Top 5 Most Recently Viewed Articles

HeartSciences Invites Investors to Join Webinar on AI ECGs

Updated Category News Views 106

HeartSciences Hosts Investor Webinar on Innovative ECG Technology HeartSciences Inc. (NASDAQ: HSCS) is excited to announce an upcoming live investor webinar aimed at providing insights into their revolutionary AI-powered ECG technology. Scheduled for a Wednesday session, this informative event will feature a presentation and Q&A with the esteemed CEO Andrew Simpson....

Continue Reading
Globant's AI-Driven Solution Revolutionizes Pro League Management

Updated Category News Views 264

Globant's Innovative Approach to Sports Management In an exciting development for the world of sports, Globant is paving the way for the Saudi Pro League by introducing an advanced Competition Management Solution. By harnessing the power of artificial intelligence and innovative technology, this initiative promises to revolutionize the operational standards of the league....

Continue Reading
Viad Corp Sells GES for $535M, Sets Focus on Hospitality

Updated Category News Views 98

Viad Corp's Strategic Sale of GES for $535 Million Viad Corp (NYSE: VVI) has recently made headlines as its shares surge following the announcement of a significant deal to sell its GES business to Truelink Capital for an impressive $535 million. This move is a pivotal shift for the company, aimed at redefining its identity and operations within the attractions and...

Continue Reading
Struggles at Tesla: Leadership Changes Amid Cybertruck Sales Dips

Updated Category News Views 230

Tesla Sees Leadership Changes Amid Declining Sales Tesla Inc.'s (NASDAQ: TSLA) Cybertruck and Model 3 program manager, Siddhant Awasthi, has made headlines with his recent announcement of departure from the company. This shift comes on the heels of disappointing sales figures for Tesla's innovative Cybertruck, prompting concerns about the company's future performance. A...

Continue Reading
Teamsters Union Gains First Amazon Warehouse Workers

Updated Category News Views 262

Teamsters Union Gains First Amazon Warehouse Workers In a significant move for organized labor, over 100 Amazon workers, specifically from the DCK6 warehouse, have made history by forming a union with the Teamsters. This milestone marks the first time that Amazon warehouse workers have requested recognition outside of the National Labor Relations Board election process....

Continue Reading