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06/07/12 -- Alternet Systems, Inc.(OTCQB: ALYI) is pleased to announce the expansion in the Americasof its partner Utiba, leading provider of mobile financial services solutions. Based upon the success of Utiba Americas, Utiba'saffiliate in the Americas in partnership with Alternet, Utiba hasdecided to locate a software development center in South Florida,close to its fastest growing client base in Latin America. In 2010 Utiba Americas began actively marketing the Utiba Mobilityend to end mobile financial service solution as a hosted serviceand as a traditional software license. Since that time the companyhas sold and implemented mobile financial service solutions inBolivia, Colombia, Ecuador and Guatemala, with furtherimplementations under way in Venezuela, Honduras and Mexico. Utibaexpects to be present in 14 countries in the Americas including theUnited States and Canada by the end of 2013. This growing customerbase has compelled Utiba to place development resources in the USto speed customer deployments and support for its evolving mobilefinancial services platform. In February of this year Utiba launched its Converging Payments strategy which promises to bring more sophisticated mobilefinancial services to its customers (mobile operators, financialinstitutions and third party payment networks) and their mobilewallet subscribers, which are often unbanked or underservedpopulations. Utiba launched its Converging Payments strategy byannouncing its partnership with MasterCard to allow mobile walletusers access to the global acceptance network of MasterCard andvastly expand their payment options. Other components of theConverging Payments strategy include business intelligence, creditscoring and advanced authentication, all designed to enable thedesign and delivery of more advanced financial services, like microinsurance, to the unbanked. Henryk Dabrowski, Alternet CEO and acting CEO of Utiba Americas,commented saying, "We are thrilled with Utiba's reaffirmation ofits commitment to the Americas market. Having core developmentresources nearby gives us the ability to respond faster to ourcustomers' requirements and meet our clients' implementationdeadlines." About Utiba Utiba has spent more than a decade developing the leading mobilefinancial services solutions in the market, in pursuit of itsvision of enabling everyone to make mobile payments . In use in more than 30 countries, the Utiba Mobility platformsupports 500 million subscribers and processes over 12 billiontransactions per year, enabling people to send money, pay bills,receive salaries and more, all from their mobile phone. Privatelyheld Utiba is headquartered in Singapore, with seven regionalsales, service and development offices worldwide. For moreinformation, visit. About Alternet Systems Inc. Alternet Systems Inc . (OTCQB: ALYI), a US corporation headquartered in Miami, Florida,is a leading enabler of Secure Mobile Commerce and Communicationsin the Americas and Caribbean. Alternet has regional presences in17 countries throughout the region through a network of fulfillmentpartners and agents. Alternet's subsidiaries provide acomprehensive suite of hosted and Software as a Service (SaaS)applications for the Utility, Transportation, Financial, andTelecommunication, and Retail industries. Alternet subsidiariesinclude Utiba Americas, a joint venture with Utiba Pte Ltd., theleading provider of mobile payment and financial transactionsoftware, and International Mobile Security (IMS) a provider ofmobile communications security products and services. "SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATIONREFORM ACT OF 1995 Certain statements in this news release may contain forward-lookinginformation within the meaning of Rule 175 under the Securities Actof 1933 and Rule 3b-6 under the Securities Exchange Act of 1934,and are subject to the safe harbor created by those rules. Allstatements, other than statements of fact, included in thisrelease, including, without limitation, statements regardingpotential future plans and objectives of the Company, areforward-looking statements that involve risks and uncertainties.There can be no assurance that such statements will prove to beaccurate and actual results and future events could differmaterially from those anticipated in such statements. Add to Digg Bookmark with del.icio.us Add to Newsvine Media Contact at Alternet: Erin Clancy VP Marketing Email Contact Investor Relations Contact at Alternet: Investor Relations Email Contact 1-888-823-8494 Copyright @ Marketwire. I am an expert from softenerflakes.com, while we provides the quality product, such as Bio-polishing Enzyme Manufacturer , Silicone Thickening Agent Manufacturer, Softener Flakes,and more.
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