All Messages |  ASYI Message Board Home | recommend post |  Ignore Poster

ASYI News Alternate Systems, Inc. Receives Strong Upgrade by Respected Research Firm

VANCOUVER, Canada--(BUSINESS WIRE)--Alternate Systems, Inc. (OTC BB: ASYI) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on ASYI. This strong upgrade comes at a time when the Company received approval by the Republic of Georgia to demonstrate all of their broadband solutions. This project will employ a wireless broadband network, coupled with the Company's innovative SchoolWeb, HealthWeb and Community Web systems. The country of Georgia has an estimated population of 4.6 million people.

TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL: http://www.otclive.com

Patrick Fitzsimmons, President of Alternate Systems, Inc. states, “We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction”. Mr. Fitzsimmons further stated, “We are focused on providing high-speed Internet access to all schools and health centres in the country, with an emphasis on rural schools. The project will also provide commercial Internet services such as broadband internet, fixed and mobile VoIP telephones, video conferencing and IPTV to residents and businesses in the coverage area. Once we complete our successful launch of broadband internet services within Georgia, we will continue our global expansion into additional high growth countries.”

Forward-Looking Statements:

This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.