ALYI (Alternet Systems, Inc.) is no longer actively trading.
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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.

New Company to Expand on Shared e-Mobility and Green Energy Opportunities SEOUL, South Korea and SHENZHEN, China and NEW YORK , Oct. 4, 2024 /PRNewswire/ -- MIA GLOBAL is acquiring the controlling interest in Alternet Systems Inc, (USOTC: ALYI) making ALYI another MIA Global affiliated company. MIA Global is a green energy company conceptualizing, designing, manufacturing and commercializing e-mobility products for automotive, maritime and aeronautical uses.

Dallas, Texas, August 16, 2022 — McapMediaWire — Alternet Systems, Inc. (OTC Pink: ALYI) today announced CEO Randell Torno will be in East Africa starting next week on an extended trip to advance the company's evolving electric vehicle strategy. Mr.

Dallas, Texas, August 09, 2022 — McapMediaWire — Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed the previously announced merger and acquisition explorations and discussions are ongoing. An NDA has been executed and due diligence continues.
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