Peak Provides Update on Quickable.com Acquisition
May 09 2014 - 8:30AM
Marketwired
Peak Provides Update on Quickable.com Acquisition
MONTREAL, QUEBEC--(Marketwired - May 9, 2014) - 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.
CHF Investor RelationsJeanny SoDirector of
Operations416-868-1079 ext.: 225jeanny@chfir.comPeak Positioning
Technologies Inc.Johnson JosephPresident and CEO514-340-7775 ext.:
501investors@peakpositioning.comwww.peakpositioning.com