MONTREAL, QUEBEC – (NEWSFILE – March 17, 2017) – Peak Positioning Technologies Inc. (CSE: PKK) (“Peak” or the “Company”)today announced that the Company has established a new fintech subsidiary in Shanghai.
The subsidiary named Asia Synergy Data Solutions (“ASDS”) will operate a platform that uses data analysis and proprietary technology to facilitate credit and lending transactions between China’s financial institutions and its 50M+ small and medium sized businesses. The platform in question and its related proprietary technology is expected to be licensed to ASDS by the Company as a result of an agreement to be concluded between the Company and the platform’s developer.
The Company plans to provide an overview of ASDS’ business and revenue model in the coming weeks and at the upcoming Global Chinese Financial Forum hosted by NAI Interactive Ltd., which will take place in Vancouver on April 22.
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 high-growth-potential companies and assets in some of the fastest growing tech sectors in China, including Fintech, e-commerceand cloud-computing. Peak provides its shareholders with exceptional growth potential by giving them access to the fastest growing sectors of the world's fastest growing economy.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.
Cathy Hume, CEO
CHF Capital Markets
Phone: 416-868-1079 ext.: 231
Henry Wong, Account Executive
NAI Interactive Ltd.
Johnson Joseph, President and CEO
Peak Positioning Technologies Inc.
Phone: 514-340-7775 ext.: 501
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