Alternet Signs Joint Venture With BIOMETRY for Facial and Voice Recognition ID System

Alternet Signs Joint Venture With BIOMETRY for Facial and Voice Recognition ID 
System 
MIAMI, FL -- (Marketwired) -- 06/26/14 --  Alternet Systems, Inc.
(OTCQB: ALYI) ("Alternet" or the "Company"), an accelerator of high
growth opportunities in Digital Currency and Mobile Commerce
services, today announced  a strategic joint venture with BIOMETRY
for "BioME", which replaces passwords and PINs through the
combination of dynamic facial and voice recognition in a unique ID
system.  
Alternet intends to integrate BioME into its payment system's
anti-money laundering and anti-fraud components. BIOMETRY's
innovative and patented secure payment applications will be
incorporated into Alternet's digital currency offering, including
OneMarket's Digital Asset Exchange and the Alternet Financial
Services, Digital Bank initiatives. Alternet will expand BIOMETRY's
market reach, through its network of clients, including financial
institutions and mobile network operators. The company is also
exploring a broader relationship with BIOMETRY, which will be the
subject of additional agreements.  
Alternet Systems, Chief Executive Officer, Henryk Dabrowski
commented, "Cybercrime, credit fraud, identity theft and mobile
security is a global, multi-billion dollar concern. Gartner estimates
approximately $2.7 billion in attempted bank fraud in Latin America,
Europe and the U.S. We unfortunately have been witness to this
alarming reality through data breaches at major retailers. The
platform we are building is dealing with this issue head-on within
the digital currency industry. With BIOMETRY's patented secure
digital payment solution, Alternet strengthens its Digital assets and
Currency offerings. After evaluating multiple solutions, we made a
strategic decision that BIOMETRY's products are the perfect match for
our OneMarket and Alternet Financial Services offerings. We will
begin to leverage BIOMETRY's products into Alternet's global customer
base of financial institutions and mobile network operators in the
immediate future." 
Mr. Werner Blessing, CEO of BIOMETRY, commented, "With the digital
money and its asset management, the usability and security of our
biometric authentication is of the upmost importance. BIOMETRY
authentication is unique and protected. Public will quickly
appreciate the easy way of biometrics on the fly. No doubt, this is
going to bring very rapid growth to both of our companies." 
About BIOMETRY: 
 BIOMETRY is a biometric authentication company
focused on mobile devices. The company has developed an integrated
suite of software (One Software) that can support various
combinations of face and voice/speech authentication. For example, in
one security mode, the user has to say four randomized words. The
BIOMETRY software then not only verifies it is the user's voice, but
also that it is the user's face and that the correct words were said.
This provides multiple layers of security (the voice, the face, and
the words all have to match), which can be adjusted based on
trust/risk level. For a small value online purchase one biometric
authentication can be used, but for higher dollar value purchases
multiple biometrics may be required to complete the transaction. The
system is user-friendly as it eliminates the need for a user to
remember passwords. Please visit www.biometry.com for more
information. 
About Alternet Systems Inc.: Alternet Systems Inc. (OTCQB: ALYI),
headquartered in Miami, Florida, is an enterprise accelerator company
focused on the complimentary, high-growth markets of Digital
Currency, Mobile and Internet Commerce and Cyber-Security products
and services. Through its subsidiaries, Alternet captures and
converts extraordinary growth opportunities surrounding the explosion
of newly adapted Internet technologies and platforms. More
information about Alternet and its subsidiaries can be found at
www.alternetsystems.com and by following the company on Twitter
www.twitter.com/alternetsystems. 
Safe Harbor Statement:
 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. 
Investor Relations Contact at Alternet: 
Rich Kaiser
ir@alternetsystems.com 
1-888-823-8494 
Investor Contact:
Capital Markets Group, LLC
Valter Pinto
Email: valter@capmarketsgroup.com
Phone: (914) 669-0222 
(212) 398-3486 
 
 
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