Peak Positioning Technologies Inc.
TSX VENTURE : PKK

Peak Positioning Technologies Inc.

July 27, 2012 09:29 ET

Peak Chinese Partner, LongKey Software, Launches New Website

MONTREAL, QUEBEC--(Marketwire - July 27, 2012) - Peak Positioning Technologies Inc. ("Peak") (TSX VENTURE:PKK) and its Chinese partner, LongKey-Hong Kong Limited ("LongKey") today announced the launch of LongKey's new website, available at www.longkeysoft.com.

The launch of the new website coincides with a series of high-profile agreements recently signed between LongKey and some of its commercial partners in China.

"As LongKey continues to grow and gain in visibility, both in China and abroad, we felt it was time to revamp our website to better reflect how, by working closely with Peak and our partners in the telecom and banking sectors, we have managed to transition our business from a predominantly web-oriented model to more of a cloud computing and mobile-oriented model", said Alex Wang, President and CEO of LongKey.

"As the key partner in our primary market, it's important that our stakeholders understand who LongKey is and what they do", said Johnson Joseph, President and CEO of Peak. "We think LongKey's new website does an excellent job of portraying the company and demonstrates clearly that LongKey is taking all the right steps to become a major player in the booming Chinese mobile and e-commerce spaces", he went on to say.

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 HomeWave™ 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: http://www.peakpositioning.com.

About LongKey-Hong Kong Ltd.:

LongKey Hong Kong Ltd., through its subsidiary LongKey Software Technology Ltd., provides a wide range of IT solutions, and cloud-based business management and mobile applications based on its proprietary Unified Information Services Platform (UISP). LongKey's applications are distributed to end-users in China by some of China's largest telecom and banking entities. For more information: http://www.longkeysoft.com.

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