Peak Positioning Technologies Inc.

Peak Positioning Technologies Inc.

July 11, 2013 11:22 ET

Peak and LongKey to Open New Office in Guangzhou

MONTREAL, QUEBEC--(Marketwired - July 11, 2013) - Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE:PKK) and LongKey Hong Kong Limited ("LongKey") today announced plans to open a new office in Guangzhou, China. The purpose of the new office will be to facilitate the cooperation between LongKey's operating subsidiary, LongKey Software Technology Inc. ("LK-Soft"), and the Guangdong province branch of China Unicom, located in Guangzhou, for the continued support, future enhancements and the distribution of the AiNi™ platform in Guangdong province.

This announcement is related to the Master Agreement, signed between LongKey and China Unicom subsidiary UNISK. In that agreement LongKey was given access to negotiate the terms and conditions that would govern the distribution of AiNi™ with each provincial branch of China Unicom in their respective provinces. The opening of the new office in Guangzhou is regarded as an essential next step to the negotiation process for the launch of AiNi™ on China Unicom smart devices in Guangdong.

About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. (TSX VENTURE:PKK), is a Canadian software developer for smartphones and other mobile computing devices, conducting business primarily in China and North America. In association with its partner, LongKey-Hong Kong Ltd, the company has developed a suite of applications for mobile devices that includes: cloud-based calendar, e-mail and contacts synchronization, automated device configuration, and HomeWaveä mobility security. While LongKey markets the applications in China through its partnerships with major Chinese telecommunication companies and banks, Peak plans to similarly market the applications for its own account in North America. For more information:

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