Alternet Systems Lithium IP Joins Defense Innovation Contracting & Finance Summit
GlobeNewswire•May 22, 2018
DALLAS, May 22, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire – Alternet Systems, Inc. (ALYI) today announced its Lithium IP subsidiary will join the Defense Innovation Contracting Summit at the University of Maryland Marriot Conference Center on October 5th and 6th this year, 2018. Alternet has a portfolio of resilient lithium centric energy solutions that meet industrial and military requirements for stable, safe, long duration power in high impact operating systems. The company’s strategy is to commercialize and expand its technology portfolio through partnerships leading to the integration of its technology into end products. Alternet and Lithium IP have an extensive background working with public and private sector organizations that are key participants in both industrial and military technology industries. The company is engaged in recurring work with foreign and domestic government agencies.
Defense Innovation Contracting Summit
Defense Innovation Contracting Summit at the University of Maryland Marriot Conference Center
In addition to its strategy to integrate its technology into defense solutions, Alternet recently launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing the company’s portfolio of patented lithium battery technologies.
Goldman Small Cap Research recently issued a research report on the Company. The report includes a “speculative-buy” rating with a target price-per-share of $0.09. The report provides an in-depth overview and analysis of Alternet’s patented lithium battery technology portfolio and the first application of the technology in an electric motorcycle being produced by an Alternet subsidiary. To view the report, visit www.lithiumip.com/research-rpt or www.GoldmanResearch.com.
About Alternet Systems, Inc.
Alternet Systems, Inc. is leveraging its key lithium battery technologies patent agreement to introduce innovative, environmentally sustainable products to various consumer markets. The first product category in which a first run of production will be introduced this year, is lithium battery-powered motorcycles, to be followed by motorbikes. These products will be released through its newly launched ReVolt Electric Motorbikes subsidiary.
Keep up with ReVolt’s latest developments by checking back periodically to the company’s website: www.revoltmotorbikes.com
Learn more on the company's website: 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.