Alternet Systems Inc (ALYI)

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Dallas, Texas, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) (“ALYI”) today announced its first 3-wheel electric vehicles are now in service as taxis and delivery vehicles in Ethiopia.

ALYI is on track to reach $2 million revenue by year-end from the rollout of its first electric vehicles in East Africa. Management has published details behind a $10 million base revenue target for 2022 and the potential to reach a stretch target of $50 million,

ALYI is also currently delivering electric motorcycles to Kenya.