PKK

Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE:PKK)
today announced its financial results for the three-month period ended June 30,
2013 and reviewed recent operating highlights.


Financial Results:



--  Net royalties of $72,500 in the quarter 
--  R&D expenditures of $141,413 before tax credits 
--  Total expenses significantly lower at $434,778 
--  Net loss reduced to $362,278 



Operating Highlights:



--  $535,000 of new equity capital and debt financing raised in the first
    eight months of 2013 
--  U.S Investor Relations Program Initiated 
--  Term of letter of intent for Peak's acquisition of LongKey extended for
    12 months 
--  Plans unveiled for new office in Guangzhou, China 
--  End of August date set for beta launch of AiNi(TM) mobile cloud platform
    on Chinese app stores 



Peak is also pursuing other important operating objectives in 2013 in order to
position itself for success in 2014 and beyond. Most notable among these are:




--  To enter into an agreement for the distribution of AiNi(TM) in North
    America, and; 
--  Officially launch AiNi(TM) pre-installed on China Unicom smart devices
    in Guangdong province. 



Second Quarter Financial Results Summary

Peak generated $72,500 in revenue from royalties in the three months ended June
30, 2013 compared to $20,087 in the comparable period of 2012. 


Expenses for the second quarter amounted to $434,778 compared to $931,781 in the
comparable period of 2012. The second quarter expenses include R&D expenditures
of $141,413 compared $126,945 in the comparable period of 2012. These costs are
before deducting investment tax credits, which are accounted for on an annual
basis only. 


The net loss for the three month period ending March 31, 2013 was $362,278, down
from $911,694 in the comparable period of 2012. 


Full details of the Company's second quarter 2013 financial results can be found
in the Unaudited Consolidated Financial Statements and Management's Discussion
and Analysis (MD&A) for the three-and six-month periods ended June 30, 2013 and
2012, which are available at www.sedar.com. 


Grant of Stock Options

On August 27, 2013, the Company granted stock options to acquire 1,925,000
common shares at a price of $0.05 to certain employees, directors and
consultants. The options will vest over a two-year period and will be
exercisable over a period of five years expiring August 27, 2018.


About Peak Positioning Technologies Inc.: 

Peak Positioning Technologies Inc. (TSX VENTURE:PKK), is a Canadian software
developer for mobile smart devices, and application provider to mobile network
operators (MNO) worldwide. In association with its partner, LongKey-Hong Kong
Ltd, the company has developed the AiNi(TM) Mobile Cloud platform. AiNi(TM) is
an enhanced version of the mobile smart device O/S equally designed for the
benefit of consumers and MNOs, and marketed to MNOs as a solution to increase
and maintain their mobile subscriber bases. AiNi(TM) comes with a suite of
standard applications and features and offers MNOs the possibility to have
additional custom applications and features developed and integrated to the
platform. For more information: http://www.peakpositioning.com


Forward-Looking Statements / Information

This news release may include certain forward-looking information, including
statements relating to business and operating strategies, plans and prospects
for revenue growth, using words including "anticipate", "believe", "could",
"expect", "intend", "may", "plan", "potential", "project", "seek", "should",
"will", "would" and similar expressions, which are intended to identify a number
of these forward-looking statements. Forward-looking information reflects
current views with respect to current events and is not a guarantee of future
performance and is subject to risks, uncertainties and assumptions. The Company
undertakes no obligation to publicly update or review any forward-looking
information contained in this news release, except as may be required by
applicable laws, rules and regulations. Readers are urged to consider these
factors carefully in evaluating any forward-looking information.


The TSX Venture Exchange has in no way passed upon the merits of this
transaction and has neither approved nor disapproved the contents of this press
release. Neither the TSX Venture Exchange, Inc. nor its Regulation Service
Provider (as that term is defined under the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of the contents of
this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Jeanny So
Director of Operations
CHF Investor Relations
416-868-1079 ext.: 225
jeanny@chfir.com


Johnson Joseph
President and CEO
Peak Positioning Technologies Inc.
514-340-7775 ext.: 501
investors@peakpositioning.com

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