MONTREAL, QUEBEC – (NEWSFILE – September 19, 2018) – Peak Positioning Technologies Inc. (CSE: PKK) (“Peak” or the “Company”) today announced that its financial services subsidiary Asia Synergy Financial Capital (“ASFC”) has reported a significant increase in the annual interest rates charged on the loans it extended to small and medium sized businesses during the months of July and August 2018.

ASFC began issuing loans in May 2018 with an effective annual interest rate of 10%, which is well below the interest rate that Chinese SMEs would typically be expected to pay for similar types of loans. ASFC was able to convert loans previous issued at a 10% annual interest rate much quicker than expected to loans carrying annual interest rates that better reflect industry rates in China. Those rates are usually between 17% and 18%, or even higher in certain cases. As a result, over 65% of ASFC’s outstanding loans as of the end of August 2018 were earning an annual interest rate of 17% or better, as will virtually all new ASFC loans from this point forward.

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.