Peak Publishes Revised Executive Summary Presentation and Updates Revenue Targets

Montreal, Quebec--(Newsfile Corp. - April 24, 2017) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today published a revised version of its executive summary presentation which provides an updated overview of the Company's Chinese operating subsidiaries', Asia Synergy Technologies ("AST") and Asia Synergy Data Solutions ("ASDS"), business models. The revised presentation can be downloaded from the Company's website at: http://peakpositioning.com/wp-content/uploads/2017/04/PKK-Executive-Summary-April-2017-WR01.pdf

Peak's negotiations with Cubeler Inc. ("Cubeler") that began in the fall of 2016 and ultimately led to the Company's recently announced licensing agreement for the exclusive Chinese commercial rights to the Cubeler fintech platform, played a major role in the Company's decision to revise its Gold River platform's operational structure. During the discussions with Cubeler and while formulating the business model to commercialize the Cubeler platform in China, the Company saw an opportunity to considerably increase the profit it generates on transactions conducted on Gold River.

Peak knew that due to the state of commercial lending in China that it needed to find a way to convince Chinese lenders that the platform's analytics capabilities could be trusted to make credit decisions on registered SMEs and microbusinesses in order to successfully commercialize Cubeler in that market. The Company came to the conclusion that the best way to accomplish that would be to have its own lender act as the default lender on the platform. So Peak began to explore the possibilities of having its own affiliated financial institution, which has led to discussions with a number of prospective investment partners and the planning of Asia Synergy Financial Capital ("ASFC"). ASFC is expected to be a joint venture company between Peak and one or more investment partners, which may include current Peak partner Zhonghai Wanyue (ZHWY). While the parties were discussing ASFC's future roles and responsibilities, it was suggested that it would be to Peak's and to every party's benefit if ASFC's role as a default platform lender was also extended to the Gold River platform. After studying the proposal in great detail, particularly considering the potential financial impact on the Company's bottom line, the Company, in agreement with ZHWY, decided that ASFC would also be the default financial partner on the Gold River platform. What this decision means financially for Peak's bottom line is that instead of only recording a small percentage of the financial services revenues in the form of referral fees coming from ZHWY in its books, the Company will now be able to record 100% of all revenues related to financial services provided on the Gold River platform in its consolidated financial statements.

"Our decision to make more profit on the Gold River transactions also meant that we had to postpone the processing of some transactions so that those transactions could be processed at a later date to generate more profit for the Company" commented Johnson Joseph, President and CEO of Peak. "This wasn't an easy decision to make, but one we felt would be in the best interest of our shareholders. So we want to make sure they understand the logic that went into making the decision. Take for example an order for $1M's worth of materials for which the entire order would need to be financed at a rate of 1% per month for 12 months. Processing that order and referring the financing request to ZHWY would have earned AST a one-time referral fee of about $30,000, while ZHWY would earn $90,000 ($120,000 in interest minus the $30,000 referral fee paid to AST) from the transaction. In that case, only the $30,000 referral fee would be counted as revenue in Peak's books. Whereas if the same transaction is processed once ASFC is in place and the financing request is referred to ASFC, then Peak will be able to recognize the entire $120,000 generated by the financing of the transaction in its books as revenue, the $30,000 referral fee earned by AST and the $90,000 in interest payments earned by ASFC, thereby making that transaction considerably more profitable to the Company", Mr. Joseph went on to say.

The decision to postpone the processing of the transactions obviously needed to be discussed with, and agreed to, by the clients who would be affected by the transaction postponements before Peak and AST could actually postpone the processing of those transactions. AST therefore discussed the matter with those clients and the parties are working together to best accommodate everyone's needs.

"The financial assistance services offered by Gold River is what first attracted the clients to the platform and prompted them to sign those order commitment agreements with us last summer ", commented Mr. Liang Qiu, CEO of AST. "So although some orders scheduled to be processed in Q4 2016 were postponed, we've kept an open dialogue with the clients affected and are hopeful to be able to make up the deferred orders over the course of the balance of 2017", concluded Mr. Qiu.

It should be noted that although ASDS is expected to generate advertising revenues and revenues from the sale of market research reports, targets for those revenue streams were left out of the Company's revised executive summary presentation. Revenue targets for ASFC were also omitted from the presentation as discussions between the Company and its potential partners about the final ownership composition of ASFC were ongoing as of the date of publication of the presentation. An update on the Company's complete short-term and mid-term revenue targets will be provided once the Company gets more clarity into ASDS' market research and advertising revenue generating potential and its discussions about the ownership of ASFC are concluded.

Exercise of Warrants and Stock Options

Peak also announced the following exercise of warrant and exercise of stock option transactions that resulted in total net proceeds of $173,875 for the Company:

On April 3, 2017, the Company issued 900,000 common shares at a price of $0.10 per share as a result of the exercise of stock options held by consultants and insiders of the Company for net proceeds of $90,000.

On April 6, 2017, the Company issued 1,480,000 common shares at a price of $0.025 per share as a result of the exercise of common share purchase warrants for net proceeds of $37,000.

On April 19, 2017, the Company issued 1,475,000 common shares and 200,000 common shares at a price of $0.025 and $0.05 per share respectively as a result of the exercise of common share purchase warrants for net proceeds of $46,875.

About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. is an IT portfolio management company whose mission is to assemble, finance and manage a portfolio of high-growth-potential companies and assets in some of the fastest growing tech sectors in China, including Fintech, e-commerce and cloud-computing. Peak provides its shareholders with exceptional growth potential by giving them access to the fastest growing sectors of the world's fastest growing economy. 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.

Contact information:

Cathy Hume, CEO
CHF Capital Markets
Phone: 416-868-1079 ext.: 231
Email: cathy@chfir.com

Or

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