PROSYS TECH CORPORATION
TSX VENTURE : POZ

September 09, 2009 14:48 ET

Prosys Announces a Strategic Partnership With an Important Modem Manufacturer

MONTREAL, QUEBEC, CANADA--(Marketwire - Sept. 9, 2009) - Prosys-Tech Corporation (hereinafter, "Prosys")(TSX VENTURE:POZ), announces the signing of a strategic partnership that will allow Peak Positioning Inc. (hereinafter, "Peak") to adapt its wireless security services to an important manufacturer's modems.

Peak is engaged in providing mobile commuting device solutions and offers remote data protection, asset management, technical support and tracking services for mobile computing devices such as notebooks, netbooks and PDAs. Prosys currently holds about 48% of Peak's issued shares.

About Prosys

Prosys maintains a participation in Peak Positioning Inc., a subsidiary. Prosys currently holds about 48% of Peak's issued shares. The investment in Peak is in the scope of the Prosys' steps to diversify the global offer of services to its current customers and to improve Prosys' positioning for the development of the SMB market. For more information regarding Peak, please visit www.peakpositioning.com.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

Contact Information

  • Prosys Tech Corporation
    Mr. Georges Hebert
    President and Chief Executive Officer
    514-893-1177