SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
September 9, 2002
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Date of Report
(Date of Earliest Event Reported)
ALTERNET SYSTEMS, INC.
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(Exact name of Registrant as Specified in its Charter)
#280-815 West Hastings Street, Vancouver, BC, V6C 1B4
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(Address of Principal Executive Offices)
604-608-2700
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(Registrant's Telephone Number)
North Pacific Capital Corp.
#280-815 West Hastings Street, Vancouver, BC, V6C 1B4
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(Former name and former address)
NEVADA 000-31909 88-0473897
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(State or other Jurisdiction of (Commission (I.R.S. Employer
Incorporation or Organization) File Number) Identification Number)
ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Not applicable.
ITEM 2. ACQUISITIONS OR DISPOSITIONS
Not applicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Not applicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not applicable.
ITEM 5. OTHER EVENTS
The Registrant has disseminated to the public a press release
summarizing some of its progress to date. The press release is
attached.
ITEM 6. RESIGNATION OF DIRECTORS AND EXECUTIVE OFFICERS
Not applicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
99.1 Press release of the Registrant dated April 10, 2003 concerning
Registrant's progress to date.
ITEM 8. CHANGE IN FISCAL YEAR
Not applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this Current Report on Form 8-K
to be signed on its behalf by the undersigned hereunto duly authorized.
Alternet Systems Inc.
By: /s/ Griffin Jones
Griffin Jones, Director and
Secretary
Dated: April 10, 2003
EXHIBITS
EXHIBIT 99.1
PRESS RELEASE DATED APRIL 10, 2003
ALTERNET SYSTEMS INC.
610-815 West Hastings Street
Vancouver B.C.,V6C 1B4
NEWS RELEASE
NASD-OTCBB: ASYI April 10 2003
SCHOOLWEB INSTALLED IN BURNABY SCHOOL DISTRICT
Alternet Systems Inc. (OTCBB:ASYI) announces that it has completed installation
of SchoolWebTM in Burnaby School District, located near Vancouver, B.C., Canada.
Burnaby School District has 52 schools with an enrollment of 25,000 students.
SchoolWebT is a high-speed internet access system that solves a problem common
to most schools in North America: extremely slow access to the Internet. This
prevents teachers from using the Internet for teaching and students from using
the Net for research at school.
Reliable, super-fast access to web pages is achieved by SchoolWeb's
sophisticated Linux-based caching software and unique system architecture.
Additional features of SchoolWebT include: e-mail for every student and teacher,
streaming video, firewall protection and all network services. Rural and remote
schools can receive high-speed Internet through SchoolWeb's 2-way satellite
option.
SchoolWebT is a Hewlett Packard Solution Partner Product and is currently
operating in 75 schools in Canada. Alternet has signed a distribution agreement
with MicroAge, a national distributor of computer systems in Canada.
There are over 140,000 public and private schools in the US and Canada.
Alternet Systems Inc. is also a leading provider of high-speed Internet access
systems for rural and remote communities. Alternet ISP products CommunityWeb and
InterLink deliver high-speed Internet access to these communities at an
affordable price.
Alternet Systems Inc. is listed on the NASD OTC Bulletin Board, trading symbol:
ASYI.
For further information contact Investor Relations at (866) 608-2540 or
www.alternetsystems.com.
On Behalf of the Board of Directors
ALTERNET SYSTEMS INC.
/s/ Michael Dearden
Michael Dearden
President
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.