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Peak Subsidiary and WMFAO to Hold Event to Promote Cubeler Platform

MONTREAL, QUEBEC – (NEWSFILE – August 8, 2018)Peak Positioning Technologies Inc. (CSE: PKK) (“Peak” or the “Company”) today announced that the Wuxi Municipal Financial Affairs Office (“WMFAO”) has invited the Company’s Chinese operating subsidiary and manager of the Cubeler commercial lending platform, Asia Synergy Data Solutions (“ASDS”), to jointly organize an event to promote the Cubeler platform to lending financial services companies located in Wuxi.

The WMFAO is the government agency responsible for all regulatory aspects of financial services institutions operating in the city of Wuxi. The agency became familiar with Cubeler during the course of its oversight of the process of the creation of the Company’s Asia Synergy Financial Capital (“ASFC”) subsidiary, which concluded earlier this year. The WMFAO found the concept of Cubeler to be potentially beneficial enough to other financial institutions to have approached ASDS with the idea of holding an informational and promotional event this fall to introduce the platform to the city’s financial services companies.

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 promising companies and assets in some of the fastest-growing tech sectors in China, including fintech, e-commerce and cloud-computing. Peak provides a bridge for North American investors who wish to participate in the continued digitization of China’s industrial sectors through the latest advancements in technology. For more information: http://www.peakpositioning.com

Contact information:

Cathy Hume

CEO

CHF Capital Markets

Phone: 416-868-1079 ext.: 231

Email: [email protected]

Or

Johnson Joseph

President and CEO

Peak Positioning Technologies Inc.

Phone: 514-340-7775 ext.: 501

Email: [email protected]

Forward-Looking Statements / Information:

This news release may include certain forward-looking information, including statements relating to business and operating strategies, plans and prospects for revenue growth, using words including “anticipate”, “believe”, “could”, “expect”, “intend”, “may”, “plan”, “potential”, “project”, “seek”, “should”, “will”, “would” and similar expressions, which are intended to identify a number of these forward-looking statements. Forward-looking information reflects current views with respect to current events and is not a guarantee of future performance and is subject to risks, uncertainties and assumptions. The Company undertakes no obligation to publicly update or review any forward-looking information contained in this news release, except as may be required by applicable laws, rules and regulations. Readers are urged to consider these factors carefully in evaluating any forward-looking information.

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