Alternet Systems, Inc.'s (ALYI) Partner Utiba Now Certified in Western Union's Mobile Vendor Program

MIAMI, FL--(Marketwire - May 13, 2010) -  Alternet Systems, Inc. (OTCBB: ALYI) today announced that its partner Utiba Pte Ltd., a global technology leader in the space of mobile financial transaction systems, has been certified to participate in Western Union's Mobile Vendor Program and can now support Western Union services in its mobile wallet and mobile banking platforms. The program -- formerly called the Digital Vendor Program -- is designed to extend the reach and accessibility of Western Union Money Transfer services to mobile financial initiatives in Latin America, Africa, Middle East and Asia. The certification will technically enable Utiba's clients (mobile operators and banks) to facilitate Western Union Mobile Money Transfers.

Alternet recently announced a joint venture with Utiba Pte Ltd - Utiba Americas. Utiba has entered into a joint partnership with Alternet Systems to deploy a Software as a Service (SaaS) platform in the Americas and the Caribbean region focused on M-Commerce and mobile financial services including mobile remittances, micro-finance and mobile banking.

Utiba Americas offers financial institutions, mobile operators, governments, corporations and retailers the ability to design and deploy reliable, advanced, mobile commerce and banking services to their customers using the Utiba Americas hosted platform. Utiba Americas will also be exhibiting at the GSMA Mobile Money Summit Show, to be held May 24th - 27th in Rio de Janeiro (http://www.mobilemoneysummit.com/exhibition/whos_exhibiting.shtml).

About Alternet Systems Inc. (www.alternetsystems.com)
Alternet Systems Inc. (OTCBB: ALYI), a US corporation headquartered in Miami, Florida, is a leading enabler of Mobile Commerce services in the Americas and Caribbean. Alternet has regional presences in 17 countries throughout the region through a network of fulfillment partners and agents. Alternet's subsidiaries provide a comprehensive suite of hosted and Software as a Service (SaaS) applications for the Utility, Transportation, Financial, and Telecommunication, and Retail industries. Alternet subsidiaries include Utiba Americas, a joint venture with Utiba Pte Ltd., the leading provider of mobile payment and financial transaction software and Tekvoice Communications, an established provider of hosted Voice over Internet Protocol (VOIP) billing services.

"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
marketing@alternetsystems.com

Investor Relations Contact at Alternet:
Investor Relations
ir@alternetsystems.com
214-556-5927