MONTREAL, QUEBEC – (NEWSFILE – May 4, 2018) – Peak Positioning Technologies Inc. (CSE: PKK) (“Peak” or the “Company”) today announced that the Company and its Chinese partners have received the certificate from the Wuxi Municipal Financial Affairs Office (“WMFAO”) stating that they are authorized to establish a company fully licensed to provide financial services to businesses in China. The Company and its partners have since then filed the certificate along with the required registration documents for the establishment of Asia Synergy Financial Capital (“ASFC”) with the State Administration for Industry and Commerce in order to officially allow for the start of ASFC’s operations as soon as possible.

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: cathy@chfir.com

Or

Johnson Joseph

President and CEO

Peak Positioning Technologies Inc.

Phone: 514-340-7775 ext.: 501

Email: investors@peakpositioning.com

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.