DALLAS, April 17, 2018 /PRNewswire/ -- Alternet Systems, Inc.
(USOTC: ALYI) announces, ReVolt Electric Motorbikes, a new company conceived by Alternet Systems, Inc. (USOTC: ALYI) and launched
as an Alternet subsidiary. Alternet is applying its portfolio of lithium battery technologies to empower commercially viable, environmentally sustainable
alternatives to existing consumer markets. ReVolt has partnered with a manufacturing company to first produce a motorcycle based
on the 1930's BMW R71 motorcycle with sidecar utilized by the German Army in WWII. The ReVolt Classic Electric Motorbike
with Sidecar will be powered by an electric motor utilizing an Alternet Systems designed lithium battery solution.
The pilot ReVolt Classic Electric Motorbike with Sidecar is under construction now and expected to be complete early this
summer for evaluation and testing. The company plans to have a limited production final product ready for the holiday
season. The pilot ReVolt Classic Electric Motorbike will be on display at various trade shows leading up to the holiday
season.
This classic motorcycle design has been seen in countless movies to include The Great Escape staring Steve McQueen, an avid motorcycle enthusiast and racer. The movie includes a famous motorcycle chase where Steve
McQueen rides a German Military motorcycle pursued by German soldiers riding the same.
Long-Term Plan to Deliver Electric Motorbikes to Developing Economic Markets
The long-term object of ReVolt Electric Motorbikes is to become a leader in the production of electric motorbikes as daily
drivers in the developing economic regions of the world were motorcycles, scooters and mopeds are the primary mode of
transportation. The current global market for motorcycles, scooters and mopeds is approximately 130 million units per year
resulting in $120 billion in annual sales. As per capita income in developing economic regions
continues to improve, motorcycle, scooter and moped sales are correspondingly expected to grow. Global automobile sales in
2018 is expected to reach just 80 million units.
ReVolt Electric Motorbikes strategic plan is to 1.) establish a manufacturing capacity and to 2.) refine the Alternet Lithium
Battery Technology through the production and sales of a fun, useful and affordable electric motorbikes based on classic
motorcycle designs for the U.S. consumer market. With a manufacturing capacity established and a lithium battery technology
on the market, ReVolt Electric Motorbikes plans to begin delivering a line of daily driver electric motorbikes to developing
economic regions.
Keep up with ReVolt's latest developments by checking back periodically to the company's website: www.revoltmotorbikes.com
Learn more on the company's website: www.otc-alyi.com or www.lithiumip.com
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities
Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and
uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve
significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might
not occur.
Contact:
Alternet Systems, Inc.
Randell Torno
info@lithiumip.com
+1-800-713-0297
https://www.otc-alyi.com/contact/
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SOURCE Alternate Systems Inc.