MONTREAL, QUEBEC--(Marketwire - June 14, 2012) - Peak Positioning Technologies Inc. (TSX VENTURE:PKK) (Peak) announced today that it expects to achieve significant growth in the second half of its 2012 fiscal year. Addressing shareholders at the Company's Annual Meeting today in Montréal, Johnson Joseph, Peak's President and CEO, said that Peak expects to generate royalties of between US $500,000 and US $800,000 from a base of 200,000 devices running on the AiNi™ platform in China by December 31, 2012. Mr. Joseph's presentation to shareholders has been posted on the Company's website and can be viewed at http://www.peakpositioning.com.
About Peak Positioning Technologies Inc.:
Peak Positioning Technologies Inc. (TSX VENTURE:PKK), is a Canadian software developer for smartphones and other mobile computing devices, conducting business primarily in China and North America. In association with its partner, LongKey-Hong Kong Ltd, the company has developed a suite of applications for mobile devices that includes: cloud-based calendar, e-mail and contacts synchronization, automated device configuration, and HomeWave™ mobility security. While LongKey markets the applications in China through its partnerships with major Chinese telecommunications companies and banks. Peak plans to similarly market the applications for its own account in North America. For more information: http://www.peakpositioning.com.
Forward-Looking Statements / Information
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