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November 21, 2006
Alternet Systems Signs Distribution
Agreement with Net-coneX Technologies
VANCOUVER, BC, CANADA -- Alternet Systems Inc. (NASD
OTCBB: ASYI / FWB: EJM), announces an agreement with Net-coneX
Technologies Inc., a leading developer of broadband distribution
and management products, that will see the Net-coneX patented
NetCellerator Line and WARP OSS products utilized in Alternet’s
wireless broadband networks, in rural areas in underserved
countries.
Net-coneX provides a platform that dramatically reduces the
cost of network management. The system simplifies and automates
“true control” for Data, VOIP and IP Video through
“quality of service (QoS)” functionality. This means
the quality of VOIP calls and broadband internet access is
vastly improved over traditional network equipment.
“After carefully evaluating our options, we found the
Net-coneX platform to be the most cost-effective, complete
solution and by far, the easiest to use” said Patrick
Fitzsimmons, President of Alternet.
“The combination of Alternet’s wireless networks
and proprietary software systems SchoolWeb™ and HealthWeb™,
and the Net-coneX IP distribution platform, will significantly
improve the way rural education and medical services are delivered
in the future” said Kenneth Corey, Vice President Marketing
for Net-coneX Technologies.
Approximately two-thirds of the world’s population still
has no access to the Internet. Primarily located in developing
countries, this translates into more than 3 billion people
whose schools, hospitals, homes and businesses that require
Internet-based communication services. Alternet Systems Inc.
has the premier wireless broadband solution for this market.
About Alternet Systems Inc:
Alternet Systems Inc. (NASD OTC: ASYI) builds state-of-the-art
wireless broadband systems, Voice-over-IP, and Television
over the Internet (IPTV) for rural communities, and health
and educational institutions around the globe. Alternet’s
network server software operates at the center of a broadband
internet system, positioning the Company to capitalize on
the rapid growth of wireless internet networks around the
world. By employing a unique wireless broadband design, coupled
with innovative, content-based application software for the
education and health sectors, Alternet provides telecommunications
services on a scale never before available to many locations
in the world.
About Net-coneX Technologies Inc.
The Net-coneX system is a highly flexible platform that reduces
the cost of completing the last-mile of broadband delivery,
to a fraction of traditional costs. This cost reduction includes
both the up front cost of hard infrastructure (CAPEX), as
well as the ongoing cost of maintenance, provisioning and
overall ownership (OPEX).
For more information about Net-coneX Technologies, please
contact Kenneth Corey or Michael Hopwood at 604-692-2101,
Toll Free at 888-770-9959, or visit the company web site at
www.ncxti.com
For more information on Alternet Systems Inc. contact Griffin
Jones (toll free) at 866-608-2540 or visit our website at
www.alternetsystems.com
On Behalf of the Board of Directors
ALTERNET SYSTEMS INC.
Griffin Jones
Director
Certain statements in this news release
may contain forward-looking information within the meaning
of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject
to the safe harbor created by those rules. All statements,
other than statements of fact, included in this release, including,
without limitation, statements regarding potential future
plans and objectives of the Company, are forward-looking statements
that involve risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual
results and future events could differ materially from those
anticipated in such statements.
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Source: Alternet Systems Inc.
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