550 Sherbrooke West
West Tower, Suite 250
Montreal, Quebec, Canada, H3A 1B9
Tel: 514.340.7775 Fax: 514.340.2228
Company Stock Information
Click on Stock Ticker crawl for trade details from QuoteMedia on 15-20 minute delay.
Share Structure as of: September 30, 2012
Issued & Outstanding: 77,632,135
Fully Diluted Shares: 95,561,875
Investor Relations Contacts
President & CEO
Peak Positioning Technologies Inc.
Associate Account Manager
CHF Investor Relations
416.868.1079 x 238
Content last updated on 12.03.12
Securing Information Stored in Mobile Devices
Peak Positioning Technologies Inc. (TSX-V: 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, Peak has developed the AiNi™ mobile cloud platform, which is distributed on 3G smart devices by telecom service providers in China. AiNi™ comes standard with a suite of applications which include data synchronization, automated device configuration, remote device lock and locating, and a contact-centric social
READ THE PEAK POSITIONING ARTICLE IN CHF SPOTLIGHT, ISSUE NO. 73.
How does the HomeWaveTM System Work?
Peak Positioning’s HomeWave system relies on GPS-based wireless networks, compatible with Ericsson and Qualcomm modem. Within seconds of an unauthorised attempt to access the device, the system completely disables it and sends records of the date, time and place of the unauthorised access as well as a log report of all activities on the laptop from the time it was reported missing. This enables the protection and fast recovery of the information stored therein.
Three out of ten of laptops will be either lost or stolen in the three years following the purchase.
The use of wireless networks, as opposed to internet-based communications, for the faster tracking and deactivating devices has created a buzz in the IT security, catching the interest of Chinese and North American service providers. Peak Positioning has a partnership with LongKey Software Hong-Kong Ltd, a highly security-conscious Chinese company, to equip tablets and phones with wireless security systems to be sold to businesses from the Wuxi region in China. Potential partnerships with existing North American security service providers are also being considered.
Businesses and governmental bodies purchase more than 100 million laptops every year. It is estimated that three out of ten laptops will be either lost or stolen in the three years following the purchase. In parallel, governments have tightened up the laws regulating regulation the protection of data and risen the penalties associated with the loss of sensitive and personal information. The Ponemon Institute estimated the cost associated with loss of a laptop to US$49,246. This creates a wide field of opportunities for businesses engaged in security solutions.
The AiNi™ platform is pre-installed on select 3G smart devices by Chinese telecom service providers. These telecom providers then sell the smart devices along with voice/data plan bundles which include the applications and features enabled by AiNi™. The telecom service providers pay LongKey a monthly royalty fee per device sold with the AiNi™ platform. Peak receives from LongKey a percentage of the monthly royalties paid by the telecom providers for each device sold with the AiNi™ platform installed.
Peak aims to have an agreement in place in the near future with at least one major North American telecom service provider to have the AiNi™ platform distributed in North America similarly to how the platform is distributed in China.
E-Commerce in China
Peak and its Chinese partner, LongKey, have signed an agreement with the Industrial and Commercial Bank of China (ICBC) under which ICBC’s commercial clients use LongKey’s e-commerce platform to sell their products and services on the Internet. Peak receives a percentage of the recurring revenues received by LongKey from ICBC for all ICBC clients who utilise the LongKey e-commerce platform.
Gateway to China
A major part of Peak’s growth strategy is to use its well established partnerships with some of China’s largest telecom service providers and banks to introduce new and innovative applications from various Canadian developers to the Chinese mobile marketplace, and as such develop a reputation as the gateway to China for Canadian mobile application developers.
JOHNSON JOSEPH, President & CEO, Member of the Board. Johnson has spearheaded the creation of Peak Positioning since 2004 and has led the team to commercialisation.
LAVAL BOLDUC, an experienced Chief Finance Officer, was formely VP, Financial Planning at DMR Group, an IT management and technology consulting firm.
CHARLES-ANDRE TESSIER, Chairman, is a lawyer and currently executive VP Corporate and legal affairs at R3D Technology in Montreal.
VARUJAN TASCI, Chief Technology Officer.