PKK

Peak Positioning Technologies Inc. ("Peak") (TSX VENTURE:PKK) today announced
its financial results and reviewed highlights for the year ended December 31,
2013.


Financial Highlights:



--  Net revenues from royalties and consulting of $300,283 derived from
    Chinese market. 
--  R&D expenditures, net of tax credits, of $467,221. 
--  Net loss of $830,800 for the year. 



Operating Highlights:



--  Signing of memorandum of understanding and beginning of negotiations to
    acquire LongKey Hong Kong ("LongKey") 
--  $738,500 of new financing in combination of debt and equity 
--  Release of client-side beta version of AiNi mobile cloud on Chinese app
    store 



2013 proved to be a challenging year for Peak. The Company's attention was
focused on 2 main elements throughout the year; 1) completing the full
commercial release of its AiNi mobile cloud platform following the release of
the limited client-side beta version on the HiAPK Chinese app store, and; 2)
moving the negotiations and the process of the acquisition of LongKey forward to
close the acquisition by the end of the year.


The client-side beta release of AiNi revealed certain issues on the server-side
of the platform, which Peak spent the latter part of 2013 addressing. The
Company has recently concluded that the best approach to have a more robust
platform is to redesign the server-side of the platform. Although this will
delay the full commercial release of the platform in the short run, Peak feels
that ensuring the platform is robust and scalable enough to handle virtually any
number of mobile subscribers will benefit the Company in the long run.


The discussions for the acquisition of LongKey were particularly challenging
because the transaction needs to satisfy not only LongKey and Peak, but also
certain regulatory stakeholders both in China and in Canada. Although Peak and
LongKey were unable to finalize their negotiations by the end of 2013 to reach
an agreement that was satisfactory to all parties, the Company feels that enough
progress was made and is optimistic that a satisfactory agreement might be
reached in the near future.


Outlook for 2014:

"The theme for Peak in 2014 is diversification", said Johnson Joseph, president
and CEO of Peak. "Yes, China and our partnership with LongKey will continue to
be the main drivers of our business operations for the foreseeable future, but
we plan to put more emphasis in 2014 on diversifying our activities through
internal projects and strategic acquisitions to mitigate our financial and
geographical risk and create more opportunities for the Company", he went on to
say. Part of this more diversified approach is evidence by the Company's recent
announcement of its planned acquisition of Quickable.com.


Fiscal 2013 financial results: 

The Company generated $400,379 in gross royalty revenues for the year ended
December 31, 2013, which translated to net revenue from royalties of $266,013
after amortization of other assets, to which were added consulting revenues of
$34,270 for total net revenues of $300,283. In the prior year period, net
revenues from royalties were $163,884. Expenses for fiscal 2013 amounted to
$1,150,107, compared to $2,629,246 in the prior year. 2013 was another year of
investment and foundation building for the Company's operations in China. The
net loss for the year was $830,800 compared to $2,465,362 in 2012. Full details
of the Company's 2013 financial results can be found in the Audited Consolidated
Financial Statements and Management's Discussion and Analysis (MD&A) for the
years ended December 31, 2013 and 2012, which are available at www.sedar.com.


About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. ("Peak"), (TSX VENTURE:PKK), is a public
company whose wholly-owned subsidiary, Peak Positioning Corporation provides Web
development services and develops mobile software platforms destined to mobile
network operators worldwide. As a public company, Peak aims to deliver value to
its shareholders by assembling a portfolio of high-growth potential projects and
companies in mobile, mobile e-Commerce, and Web development in North America and
China. 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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