PKK

Peak Positioning Technologies Inc. (TSX VENTURE:PKK)(PINK SHEETS:PKKFF) ("Peak"
or the "Company") today announced that following the filing of the necessary
documents related to its planned acquisition of the assets associated with the
Quickable marketplace, and the subsequent review of these documents by the TSX
Venture Exchange (the "TSXV"), it has received conditional approval from the
TSXV to close on the acquisition.


The conditions to obtain final acceptance of the acquisition from the TSXV are
to provide the TSXV with confirmation that the assets in questions have been
transferred to Peak, and to pay the applicable fees related to the review of the
transaction to the TSXV.


Memorandum of Understanding to Bring Quickable to China

Peak also announced that its wholly-owned subsidiary, Peak Positioning
Corporation ("Peak Corp."), has signed a memorandum of understanding with
LongKey Software Technology Ltd. ("LongKey Soft"), the Company's Chinese
partner's operating subsidiary, to grant LongKey Soft commercialization rights,
based on a revenue sharing model, of the Quickable assets in China immediately
following the closing of the asset acquisition transaction by Peak.


Following the closing of the transaction and once commercialization rights to
Quickable have been formally granted to LongKey Soft, Peak Corp and LongKey Soft
will collaborate to present Quickable to a specific LongKey Soft Chinese banking
partner as a solution to facilitate mobile e-Commerce transactions between the
bank's clients.


"The discussions about entering into this MOU with LongKey Soft began back in
April, shortly following our decision to acquire Quickable", commented Johnson
Joseph, President and CEO of Peak. "We wanted to ensure that the Quickable
acquisition process had reached a certain threshold before signing off on the
MOU with LongKey Soft. Now that we've received the Exchange's green light to
close on the acquisition, which essentially now puts the closing entirely in our
hands, we feel comfortable with taking this first significant step to bring
Quickable to China", concluded Mr. Joseph.


Playback of LongKey Acquisition Conference Call 

Those who would like to listen to the recorded phone conference about the
LongKey acquisition held on May 26, 2014 may do so by dialing 905 694-9451 or 1
800 408-3053, and enter 946709402# as the passcode.


Please note that the recording will expire on 2014/06/25.

The instant replay controls for the recording are as follows:



Press 1 - Skip backward 5 seconds                                           
Press 2 - Hear a list of playback controls                                  
Press 3 - Skip forward 5 seconds                                            
Press 4 - Skip backward 5 minutes                                           
Press 5 - Pause the playback                                                
Press 6 - Skip forward 5 minutes                                            
Press 7 - Skip first quarter of the conference                              
Press 8 - Skip first half of the conference                                 
Press 9 - Skip first three quarters of the conference                       
Press # or 0 - Return to the beginning of the conference                    
Press (i) - End the conference playback                                     



About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. ("Peak"), (TSX VENTURE:PKK)(PINK
SHEETS:PKKFF), is a management company whose wholly-owned subsidiary, Peak
Positioning Corporation provides Web development services and develops mobile
software platforms destined to mobile network operators worldwide. Peak aims to
deliver value to its shareholders by assembling a portfolio of high-growth
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
Phone: 416-868-1079 ext.: 225
Email: jeanny@chfir.com


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

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