PKK

Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE:PKK)
today announced the launch of the beta version of its AiNi(TM) Mobile Cloud
Platform on popular Chinese app store HiAPK (http://www.hiapk.com/).


After months of development efforts, and much anticipation from various Company
stakeholders, AiNi(TM), albeit in its beta version, is now available to Chinese
consumers as a free download. This beta version of the platform is released with
limited functionality. Basic features, such as data synchronization and the
"Circle" social media application that allows users to create social
communication groups are available. Other features, such as instant messaging
app aggregation will be available in the full release. The purpose of the beta
release is to obtain user feedback on AiNi(TM)'s existing and potential future
features in order to fine-tune the platform before it is officially launched
pre-installed on smart devices distributed by mobile network operators. The beta
period is expected to run through late October or early November.


Closing of CAD$100K Private Placement

Peak also announced today that it has closed a CAD$100,000 non-brokered private
placement consisting in the issuance of 2,000,000 units at $0.05 per unit. Each
"Unit" consists of one (1) common share and one (1) common share purchase
warrant; each common share purchase warrant entitles its holder to purchase one
common share of Peak, at the price of $0.10, for a 24 month period following the
closing date. The securities issued pursuant to the private placement are
subject to a hold period expiring four (4) months and one day from the date of
closing. Peak intends to use the proceeds of the private placement for working
capital purposes and to help cover some of the expenses related to its proposed
acquisition of LongKey Hong Kong Limited.


No commission or finder's fees were paid in connection with the private placement.

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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