Alternet Systems, Inc. to Present at 5th Annual Winter Technology Conference Hosted by Security Research Associates, Inc.

MIAMI, FL--(Marketwire - February 18, 2009) - Alternet Systems, Inc. (OTCBB: ALYI), a leading provider of E-Commerce and Mobile transaction services for the transportation and utility markets, today announced Henryk Dabrowski, Chief Executive Officer will be presenting at the 5th Annual Winter Technology Conference hosted by Security Research Associates, Inc. The conference will be held on Monday, March 9th at the Omni Hotel in San Francisco.

Conference attendees will include a select group of institutional portfolio managers and analysts, and will feature CEOs and CFOs from some of the fastest growing companies in the technology sector. SRA has arranged for webcasting of company presentations during this event. To access the lobby page for the webcast of presenting companies please go to: http://www.wsw.com/webcast/sra8/

"Alternet is very excited about presenting at SRA's Annual Winter Technology Conference. We have spent the last year solidifying some key partnerships to expand our service offerings. With those partnerships firmly in place, we look forward to continued expansion in rapid growth markets as well as the continued development and expansion of our product and service offerings in both the transportation and utility markets."

About Alternet Systems (http://www.alternetsystems.com/)

Alternet Systems, Inc. (OTCBB: ALYI) provides: telecommunications services; education and health-care application software and systems; and electronic transaction platforms for the mass transportation and utility markets. Alternet Systems, Inc. is a U.S. corporation headquartered in Miami, Florida.

About Security Research Associates, Inc.

Security Research Associates, Inc. (SRA) was founded in San Francisco in 1980 and, today, offers investment banking and M&A services as well as institutional brokerage services. A boutique firm by design, SRA works with a select group of portfolio managers from around the country and focuses on technology and life science companies in the micro and small cap arenas. For more information about SRA see our web site at www.sracap.com or call us at 415-925-0346.

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: For More Information: Red River Advisors alternet@redriveradvisors.com 214-556-5927