MONTREAL, QUEBEC — (Marketwired) — 08/06/13 — Peak Positioning Technologies Inc. (“Peak” or the “Company”) (TSX VENTURE: PKK) reviewed its 2013 objectives and today announced the target date for the beta launch of its AiNi mobile cloud platform in China.
2013 Business Plan Objectives
Peak has established four milestones to be reached by year end in order to position itself for success in 2014 and beyond:
Most of the Company-s efforts and resources will be devoted to achieving these four milestones between now and the end of 2013.
AiNi App Store Beta Launch Date Set
Peak and LongKey also today announced that they have set August 28, 2013 as the beta launch date for their jointly developed AiNi mobile cloud platform on Chinese app stores.
The app store beta release is an important step on the way to the official launch of AiNi on China Unicom smart devices in Guangdong province. Peak and LongKey will use the beta period to demonstrate the commercial potential of AiNi and obtain valuable feedback to make product enhancements and/or add new product features to the platform prior to the full commercial release.
AiNi is a mobile platform that enhances the mobile devices- operating systems. It was equally designed for the benefit of consumers and mobile network providers. The platform is marketed to mobile network providers as a way to improve mobile subscriber retention and acquisition and increase network efficiency. AiNi comes with a suite of applications that include: instant messaging (IM) aggregation, group chat and file sharing, data synchronization, automated device configuration, and several security features. The free beta version of AiNi, being released later this month as an application download on three of China-s top app stores, will provide users with some of the platform-s base features, such as data synchronization and group IM, while other features will be held back until the full commercial release.
About Peak Positioning Technologies Inc.:
Peak Positioning Technologies Inc. (TSX VENTURE: PKK), is a Canadian software developer for smartphones and other mobile computing devices. In association with its partner, LongKey-Hong Kong Ltd, the company has developed the AiNi Mobile Cloud platform. AiNi is an enhanced version of the mobile device O/S equally designed for the benefit of consumers and mobile network providers, and marketed to mobile network providers as a way to tie mobile subscribers to their networks and increase network profitability. AiNi comes with a suite of applications that include: instant messaging aggregation, group chat and file sharing, data synchronization, automated device configuration, and several security features. While LongKey markets AiNi and its SaaS applications in China through its partnerships with major Chinese telecommunication companies and banks, Peak similarly markets AiNi for its own account in markets outside of China. For more information:
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 in no way passed upon the merits of this transaction and 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.
Contacts:
Jeanny So
Director of Operations
CHF Investor Relations
416-868-1079 ext.: 225
Johnson Joseph
President and CEO
Peak Positioning Technologies Inc.
514-340-7775 ext.: 501
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