Montreal, Quebec--(Newsfile Corp. - September 28, 2016) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company"), today announced that its Chinese subsidiary, Asia Synergy Technologies Ltd. ("AST"), has fulfilled and settled the first materials orders received through its Gold River fintech platform.

The A00 aluminum ingot and ethylene glycol ordered by the clients were received, inspected and accepted by the clients. The clients then paid AST a total of 152.2M RMB (approximately CA$31M) to settle the transactions. The completion of these transactions now brings AST's total revenues to date for the third quarter of 2016 to approximately CA$33M.

About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. is an IT portfolio management company whose mission is to assemble, finance and manage a portfolio of high-growth-potential companies and assets in some of the fastest growing tech sectors in China, including Fintech, e-commerce and cloud-computing. Peak provides its shareholders with exceptional growth potential by giving them access to the fastest growing sectors of the world's fastest growing economy. For more information: http://www.peakpositioning.com.

Contact information:

Cathy Hume
CEO
CHF Investor Relations
Phone: 416-868-1079 ext.: 231
Email: cathy@chfir.com

Or

Carl Desjardins
Managing Partner
Paradox Public Relations Inc.
Phone: 514-341-0408  
Email: carldesjardins@paradox-pr.ca

Or

Johnson Joseph
President and CEO
Peak Positioning Technologies Inc.
Phone: 514-340-7775 ext.: 501
Email: investors@peakpositioning.com