MIAMI, FL--(Marketwire - March 4, 2010) - Alternet Systems, Inc. (
MMT Americas
MMT Americas is the first MMT event in the region and will feature several notable guest speakers to include Francisco Gil Diaz, President, Telefonica and Movistar and Jojo Malolos, former Mexico Minister of Finance. The show is expected to include key stakeholders in the mobile money transfer industry and provide the opportunity to learn firsthand from industry experts through several workshops, roundtables, and CEO Q&A sessions.
The show is expected to draw large numbers of financial institutions, retailers, and mobile operators interested in the opportunity of Mobile Commerce and Money Transfer in Latin America and the Caribbean, where more than 80% of the population owns a mobile phone but less than 40% has access to a bank account. The USA to Mexico is the world's largest remittance corridor, with Mexico the world's third largest recipient of remittances, taking in 26.3 billion dollars per year.
About Utiba Pte Ltd.
Utiba was founded in 2001 with the objective of creating scalable electronic top-up and versatile mobile commerce ecosystems, where users should be able to remit amounts to anyone anywhere in the world, knowing only their mobile phone number. Utiba products are focused around providing mobile transaction and payment solutions to banks, mobile operators, micro finance institutions, and payment service providers. Utiba's products are successfully deployed across 4 different continents and 200 million subscribers. For details, please visit www.utiba.com.
Media Contact at Utiba:
Ritesh Andley
Director - Product Marketing
Ritesh.andley@utiba.com
About Alternet Systems Inc. (www.alternetsystems.com)
Alternet Systems Inc. (
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Contact Information:
Media Contact at Alternet:
Erin Clancy
VP Marketing
eclancy@alternetsystems.com
Investor Relations Contact at Alternet:
Investor Relations
ir@alternetsystems.com
214-556-5927