Peak Positioning Technologies Inc.
TSX VENTURE : PKK

August 04, 2011 15:52 ET

Peak Positioning Re-files First Quarter Interim Financials

MONTREAL, QUEBEC--(Marketwire - Aug. 4, 2011) - Peak Positioning Technologies Inc. (TSX VENTURE:PKK) ("Peak" or the "Company") announces the filing of the revised Interim Consolidated Financial Statements for the period ending March 31, 2011 and the Certification of Re-filed Interim Filings. A review of the Interim Consolidated Financial Statements revealed that the Statement of Change in Equity, now required under National Instrument 51-102 - Continuous Disclosure Obligations, had not been presented in the form of a separate statement. The revised Financial Statements provide the information in the required format and procedures have been put in place to ensure future compliance. The revised Interim Consolidate Financial Statements are available on SEDAR at www.sedar.com.

About Peak Positioning Technologies Inc.

Peak Positioning Technologies Inc. is a Tier 2 Technology Issuer whose common shares trade on the TSX Venture Exchange under the symbol: PKK ("Peak Tech"). Peak Tech 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.

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.

Contact Information

  • Peak Positioning Technologies Inc.
    Johnson Joseph
    President and CEO
    514-340-7775 ext.: 501
    514-340-2228 (FAX)
    investors@peakpositioning.com

    CHF Investor Relations
    Anne Robert
    Account Manager
    514-510-6338
    514-826-8121 (FAX)
    anne@chfir.com