Peak Subsidiary ASCS Adds Jinxin Internet Small Loans Ltd. to Growing List of Clients

Montreal, Quebec--(Newsfile Corp. - March 29, 2019) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that Wuxi Jinxin Internet Small Loans Ltd. ("WJISL) will soon be added to its Asia Synergy Credit Solutions ("ASCS") subsidiary's expanding list of loan outsourcing service clients.

WJISL currently uses the Cubeler Lending Hub commercial lending platform, managed by Peak's Asia Synergy Data Solutions ("ASDS") subsidiary, to lend primarily to small businesses in the transportation and distribution industry. Under a special agreement as an early adopter of Cubeler Lending Hub between WJISL and ASDS, WJISL pays ASDS an annual service fee of 0.5% on the aggregate value of the loans it makes through the platform. WJISL began using Cubeler Lending Hub as a loan facilitating platform in September 2018 and most recently used the platform to close 5 new loans worth a combined 1.1M RMB (approximately CAD$ 219,000).

WJISL will now outsource part of its commercial lending activities to ASCS. Further details regarding the agreement between ASCS and WJISL, including the total annual funds to be allocated for loan servicing by WJISL to ASCS and the service fees payable by WJISL to ASCS, will be provided in the coming days.

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

For more information, please contact:

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

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

Twitter: @PeakPositioning
Facebook: @peakpositioning
LinkedIn: Peak Positioning
Youtube: Peak Positioning

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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