Peak Financial Subsidiary, ASFC, Surpasses 1,000 Loan Milestone

Montreal, Quebec--(Newsfile Corp. - June 13, 2018) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that its financial services subsidiary, Asia Synergy Financial Capital ("ASFC"), has now extended loans to almost 1,500 SMEs in China.

In less than 30 days of ASFC being in operation, and as of today, a total of 1,492 Chinese SMEs and entrepreneurs have received a combined 72.9M RMB (approximately $14.8 CAD) in loans from ASFC to help grow and manage their businesses. For the most part, these SMEs are former clients of the Company's business partner Jiu Dong Ltd., which has almost two decades of experience in commercial lending in China. ASFC uses a proven set of credit rules and keeps the average loan amount relatively low to keep loan default rates to a minimum, an approach that has served Jiu Dong very well over the years.

"Some people may find it surprising that ASFC was able to lend to so many businesses so quickly", commented Johnson Joseph, Peak's President and CEO. "But in fact, even though the company had not yet been created, our team in China was already hard at work with Jiu Dong several weeks prior to the official launch of the company preparing the transactions announced today. So, when ASFC was finally launched, all that was left to do was finalize some paperwork", Mr. Joseph went on to say.

The loans extended by ASFC have an average term of 20 months and will net ASFC an average annual interest rate of 10%.

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 promising companies and assets in some of the fastest-growing tech sectors in China, including fintech, e-commerce and cloud-computing. Peak provides a bridge for North American investors who wish to participate in the continued digitization of China's industrial sectors through the latest advancements in technology. For more information: http://www.peakpositioning.com

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

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.

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