Java Capital Inc.
TSX VENTURE : PKK

June 29, 2011 21:42 ET

Java Capital Releases Financial Results for the First Quarter Ended March 31, 2011

MONTREAL, QUEBEC--(Marketwire - June 29, 2011) - Java Capital Inc., (TSX VENTURE:PKK) which owns 100% of the shares of Peak Positioning Corporation, an information technology solution provider, is pleased to announce that it released earlier today its financial results for the first quarter ended March 31, 2011.

The Company's unaudited financial statements for the quarter ended March 31, 2011, together with Management's Discussion and Analysis were filed on SEDAR and are available at www.sedar.com.

About Java Capital Inc.

Java Capital Inc. is a Tier 2 Technology Issuer whose common shares trade on the TSX Venture Exchange under the symbol: PKK ("Java"). Java owns 100% of the shares of Peak Positioning Corporation, which itself is an information technology solution provider, and creator of the HomeWave solution. HomeWave is a client-server-based, wireless remote security, forensic analysis and asset location service for mobile computing devices. The solution provides a way for businesses to use wireless communications to remotely disable and locate lost or stolen mobile computing devices, as well as to remotely determine what files, if any, were accessed on the missing devices.

Forward-Looking Statements / Information

This news release may include certain forward-looking information, including statements relating to business and operating strategies, plans and prospects, 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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