Parkit Appoints New CFO

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 25, 2014) - Parkit Enterprise Inc. (the "Company") (TSX VENTURE:PKT) - is pleased to announce that Simon Buckett has been appointed Chief Financial Officer.

Mr. Buckett brings with him over twelve years of finance and project management experience working for private and publically listed companies in the UK, US, and Canada. Mr. Buckett began his career with KPMG in London and then in Vancouver as Senior Auditor, later joining Ernst & Young as an audit department Manager. Most recently he was Vice President of Finance at Wurldtech Security Technologies, Inc. His responsibilities have included internal control and governance policy, the implementation of Sarbanes-Oxley in a number of SEC registrants, and managing the reporting requirements of a range of private and public companies.

Concurrently, with the rollout of the acquisition fund, Patrick Bonney has been appointed Vice President, Corporate Development, and John LaGourgue Vice President, Corporate Communications.

ON BEHALF OF THE BOARD

Rick Baxter, President and CEO

About Parkit:

Parkit Enterprise Inc. is a listed private equity real estate company that acquires and aggregates income-producing real estate in the parking sector.

www.parkitenterprise.com & www.canopyairportparking.com

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 news release.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.