Peak Positioning Technologies Inc. (TSX VENTURE:PKK) ("Peak" or the "Company")
today announced that its planned acquisition of the assets associated with the
Quickable.com mobile e-commerce platform, which the Company had originally
targeted to close by May 2, 2014, is still ongoing.


The Company is actively working towards finalizing its due diligence and satisfy
the identified conditions to obtain TSX Venture approval to close the
contemplated transaction. A revised expected date for the transaction to close
will be communicated as soon as a closing schedule has been established.


About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. ("Peak"), (TSX VENTURE:PKK), is a management
company whose wholly-owned subsidiary, Peak Positioning Corporation provides Web
development services and develops mobile software platforms destined to mobile
network operators worldwide. As a management company, Peak aims to deliver value
to its shareholders by assembling a portfolio of high-growth projects and
companies in mobile, mobile e-Commerce, and Web development in North America and
China. For more information: http://www.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.


The TSX Venture Exchange has neither approved nor disapproved the contents of
this press release. Neither the TSX Venture Exchange, Inc. nor its Regulation
Service Provider (as that term is defined under the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of the contents of
this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CHF Investor Relations
Jeanny So
Director of Operations
416-868-1079 ext.: 225
jeanny@chfir.com


Peak Positioning Technologies Inc.
Johnson Joseph
President and CEO
514-340-7775 ext.: 501
investors@peakpositioning.com
www.peakpositioning.com

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