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
CHF Capital Markets
Phone: 416-868-1079 ext.: 231
President and CEO
Peak Positioning Technologies Inc.
Phone: 514-340-7775 ext.: 501
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