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ALYI (Alternet Systems, Inc.) is no longer actively trading.
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ALYI does not currently pay a dividend.
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Alternet Systems, Inc. (ALYI) is a technology company specializing in advanced digital payment solutions, sophisticated data analytics, and targeted marketing intelligence, primarily serving the consumer goods, financial services, payment, and telecommunications sectors. The company's offerings include a comprehensive suite of financial software such as biometric authentication for security, versatile multichannel payment options, modernizations for electronic point-of-sale (POS) systems, efficient payment processing, and robust data analytics tools. It also provides Near Field Communication…
SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 23, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) is partnering with the University of Michigan Perot-Jain TechLab through its Kenyan distribution partner, Carbon-Zero Mobility, Ltd. (CZM) to improve the “open-source” charging mechanisms that are basic kit for the MBAK manufactured Dominion line of e-motorcycles that CZM is bringing to market in Kenya. The charger design and ruggedization project will analyze the current charging block, make improvements to the kit to maximize ease-of-use, charger ruggedization, broad compatibility, and energy usage recording. The team will then “prototype” the improvements, optimize the improved kit for manufacture, and return the updated specifications to MBAK for incorporation into the manufacturing process. Both Patrick Kimathi, CEO of CZM, and Chairman Boos are optimistic that this project will pay dividends for both organizations by leveraging the academic and design expertise of the Perot-Jain TechLab to stay at the forefront of innovation in e-mobility.
SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 10, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) has begun delivering on the $65,000,000 USD in production orders booked for 2026. Deliveries include against the BESS order for the Indian power grid, delivery of electric two and three-wheeler personal transports, and battery cells for data center power facilities. The BESS contract directly supports Indian efforts to increase national energy production capacity through renewable sources of electricity generation and storage. The company continues to field enquiries from power providers and commercial users across the region, and into North America.
SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 01, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) (f/k/a Alternet Systems, Inc.) completed all regulatory processes to change the company's ticker symbol from ALYI to MBAK on the OTCID market.
SEOUL, South Korea and SHENZHEN, China and Wilmington, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:ALYI) (f/k/a Alternet Systems, Inc.) reported $2.1 million in new revenue for 3rd Quarter 2025.
SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions Inc (OTC:ALYI) has begun manufacturing of battery cells as part of a BESS (Battery Energy Storage System) contract fulfillment delivery to an Indian power grid customer.