Alternet Systems, Inc. (Alternet) offers mobile financial services and mobile and digital security solutions for the Western Hemisphere and globally. It is focused on its investment in the mobile value added services markets of mobile financial transactions and security, through two new subsidiaries. These subsidiaries include Alternet Transaction Systems (doing business as Utiba Americas, which is 49% owned by Utiba Pte, Ltd) and International Mobile Security (IMS, which is 40% owned by General Services Holding LLC). Alternet has a controlling interest in both subsidiaries. M-Commerce Services provided by Utiba Americas include mobile commerce, mobile banking, top up (recharge), person to person value transfer, loyalty and retention (points), international and domestic money remittance, microfinance and microloans, mobile collection logistics (mass consumer companies). The IMS service offering will include secure secure, and encrypted messaging and voice.