DALLAS, Dec. 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Alternet Systems, Inc. (USOTC: ALYI) today announced that Edward Bollen, president of Alternet operations, will participate in
a podcast interview and dialogue hosted by Goldman Small Cap Research and sponsored by North American Cannabis Holdings, Inc. (USOTC: USMJ). Goldman is producing the segment, to include senior management of several
cannabis sector companies, in light of the U.S. Congress recently having passed the $867 billion farm bill that includes the
legalization of hemp farming expected to soon be signed into law by President Trump. Media has extensively covered the
promise of legal hemp in regard to the hemp-derived CBD market, but the economic impact of hemp is far more reaching than just CBD
extract. The Goldman cannabis podcast plans to shed light on the multitude of uses of hemp and the business opportunities of
hemp. Alternet’s project to explore and develop hemp-based technologies for energy storage is one example of how much more
far reaching legal hemp can go then just CBD extract. Look for an announcement coming soon from Goldman Small Cap Research
and USMJ on the cannabis podcast.
In October of this year, Alternet initiated a project to explore and develop hemp-based technologies for energy storage.
The company engaged Clarkson University Professor David Mitlin to lead the initiative. Professor
Mitlin is a leading expert in electrochemistry and a pioneer in the use of hemp as a clean, green, renewable energy in the form of
a supercapacitor. Mitlin has successfully used hemp bast – the fiber left over from processing hemp – to construct carbon
nanosheets that compete with, and in some respects, outperform the supercapacitor performance derived from more typical graphene
nanosheets.
Alternet Systems is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets,
including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles,
to be followed by motorbikes. These products are released through the company’s newly launched ReVolt Electric Motorbikes
subsidiary.
You can learn more on the company's new website about its expansion beyond lithium centric energy storage solutions in addition
to its projects to advance energy storage technology through inclusion into electric vehicle projects and military application
projects: http://www.AlternetSystemsInc.com
Learn more about ReVolt Electric Motorbikes: http://www.revoltmotorbikes.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.
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
https://www.otc-alyi.com/contact/
