Alternet Systems Announces $6.5 Million Asset Sale of Utiba Americas, Its Mobile Financial Services Subsidiary, Subject to Shareholder Approval

Company Also Announces the Restructuring of Its Cyber-Security Subsidiary, IMS

Company Also Announces the Restructuring of Its Cyber-Security Subsidiary, IMS

An App That Radically Simplifies People-s Relationship With Money, Leveraging Cloud-Based Data Aggregation, Applied Machine Learning and Data Analytics; Over 200K App Downloads and 15M Transactions Aggregated Since Launch in April 2013; Global Expansion to Unlock Mobile Banking and Finance Market Opportunities

Full Customer Engagement Center Deployed by KANA in 10 Weeks

Rewards Now and Acculynk Join Network, Enabling Financial Institutions to Drive More Value to Consumers and Merchants

Monitise to Accelerate U.S. Bank-s Commerce Capabilities by Unlocking Commercial Benefits of Mobile Money for Retail Brands and Shoppers

Platform Enhancements to Further Help US Financial Institutions and Credit Unions Deliver Competitive and Customized Mobile Offerings

Monitise-s Premier Bank Anywhere Solution Now Available to Over 2,600 CSCU Member Credit Unions

MIAMI, FL — (Marketwired) — 08/29/13 — Alternet Systems, Inc. (OTCQB: ALYI) ("Alternet" or the "Company"), a technology investment holding company focused on the complimentary, high-growth markets of mobile financial services and mobile cyber-security, announced today TchoTcho Mobile, the mobile money platform of Haiti-s leading telephone company Digicel, has successfully migrated to Utiba-s Mobility platform. TchoTcho Mobile is the most popular mobile money service in Ha

Revenue Improves Significantly and Show Consistent Quarterly Growth; Global Market Presence Grows

Consumers Rank Santander UK Bank Highest While Several Banks Need to Improve on Two Critical Issues