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Peak Subsidiary ASDS Announces First Third-party Transactions on Cubeler Platform

Montreal, Quebec–(Newsfile Corp. – August 2, 2018) – Peak Positioning Technologies Inc. (CSE: PKK) (“Peak” or the “Company”) today announced that its Chinese operating subsidiary and manager of the Cubeler commercial lending platform, Asia Synergy Data Solutions (“ASDS”), has recorded the first transactions on Cubeler from a non-affiliated lender since the creation of the Company’s Asia Synergy Financial Capital (“ASFC”) subsidiary.

XiAn XinRui Truck Leasing Company (“XXTL”), a financial services company specialized in providing long-term truck leasing services to small and medium-sized businesses who used the vehicles in the course of their daily business operations, used the Cubeler platform to facilitate transactions with 78 SMEs over a two-week period. The transactions were conducted as part of a pilot project initiated by ASDS to test Cubeler’s versatility to accommodate a variety of lenders and lending products. XXTL has now officially joined the platform and is expected to continue to use it as a tool to find new clients, mitigate its default risk exposure and automate its lending process.

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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