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To: David Graham who wrote (96)10/1/1997 3:14:00 PM
From: Steve   of 2038
 
Peak Technologies Board appointment

Peak Technologies Inc PKT.A
Shares issued ~15,000,000
Sep 30 close $0.82 CDN
Wed 1 Oct 97
News Release

Mr George Poulos reports, Peak Technologies Inc (ASE:PKT.A) today announced the appointment of Peter Janssen, former vice president of Egghead Software and Acer America, to the Peak board of directors.

Janssen, who now heads up Peter Janssen & Associates, a consulting firm focused on bringing high technology products to market, has over 30 years experience in a series of marketing, merchandising and sales roles in both the retail and technology sectors. He has served as vice president of merchandising and advertising at Egghead Software and as vice president of marketing and sales at Acer America. "Joining the board of a company with leading edge technology such as Peak's is an exciting opportunity for me," said Peter Janssen. "The company is moving quickly into a fast-paced industry and knowing how to successfully tap into this market is critical as Peak grows."

"I enthusiastically welcome Peter Janssen to the board at Peak," stated Doug Foster, president and CEO of Peak Technologies. "He brings extensive sales and marketing management experience as well as extensive industry contacts. His knowledge of software marketing and distribution will certainly contribute to our anticipated revenue growth as we move into fiscal 1998 in October." On August 28 1997, the shareholders of the company approved a private placement of $500,000. On October 1 1997, the company announced it has closed a private placement in the amount of $500,000. The placement of 1.25 million units consists of a $0.40 common share and $0.50 share purchase warrant with a one year hold period.

Peak Technologies Inc, founded in August 1994, is a market leader in the development of Java-based Internet productivity and communication software products. Publicly traded on the Alberta Stock Exchange (PKT.A), Peak Technologies is a diversified Internet software company with offices in Vancouver, BC and Bellingham, WA. For product information visit the Peak Web site at peak-media.com or call 800-453-5322. For investor information, call 1-888-377-7325 or email invest@peak-media.com.(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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