StockGuru Shines its Spotlight on Peak Positioning Technologies Inc. (TSX-V: PKK) Upon the Signing of an Engagement Letter — September 27, 2011

StockGuru Shines its Spotlight on Peak Positioning Technologies Inc. (TSX-V: PKK) Upon the Signing of an Engagement Letter — September 27, 2011

(Dallas, TX. – September 27, 2011) StockGuru Shines its Spotlight on Peak Positioning Technologies Inc. (TSX VENTURE:PKK).  The Company announced yesterday that it has entered into an agreement with Avenue Capital Markets (the “Agent”) to proceed with a private placement on a “best efforts” basis for gross proceeds of $1,000,000 to $3,000,000 (the “Offering”). The Offering will consist of the issuance of units (the “Units”), at a price to be determined prior to October 10, 2011, in the context of the market (the “Offering Price”). Each Unit will be comprised of one common share in the capital of Peak and one-half common share purchase warrant. Each share purchase warrant will entitle its holder to purchase one common share at a price equal to 150% of the Offering Price for a period of 18 months following the closing of the Offering.  The Company closed yesterday at $0.13, trading in a fifty-two week range of $0.105 to 0.200.

At the closing of the Offering, the Agent will receive a cash commission equal to 10% of the gross proceeds raised under the Offering. In addition, the Agent shall receive non-transferable warrants (the “Broker Warrants”) exercisable for a period of 24 months from the date of closing to acquire such number of Units of the Corporation equal to 10% of the aggregate number of Units issued under the Offering, at the Offering Price and for a period of 24 months from the closing date.

The Offering is scheduled to close no later than October 31, 2011 and is subject to certain conditions, including the receipt of all necessary regulatory approvals including the approval of the TSX Venture Exchange. All securities issued under to the Offering will be subject to a four month and one day hold period from the date of closing of the Offering. The net proceeds from the Units shall be used for working capital and for general corporate purposes.

About Peak Positioning Technologies Inc.

Peak Positioning Technologies Inc. is a Tier 2 Technology Issuer whose common shares trade on the TSX Venture Exchange under the symbol: PKK (“Peak Tech”). Peak Tech owns 100% of the shares of Peak Positioning Corporation, which itself is an information technology solution provider, and creator of the HomeWave solution. HomeWave is a client-server-based, wireless remote security, forensic analysis and asset location service for mobile computing devices. The solution provides a way for businesses to use wireless communications to remotely disable and locate lost or stolen mobile computing devices, as well as to remotely determine what files, if any, were accessed on the missing devices.

Forward-Looking Statements / Information

This news release may include certain forward-looking information, including statements relating to business and operating strategies, plans and prospects, 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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