This one has gone up nearly 70% in 3 weeks. Look for a even bigger move in the coming weeks as they move to a new exchange.
peak-media.com
NASD OTC Bulletin Board listing and name change proposed
Peak Technologies Inc PKT.A
Shares issued ~15,000,000
Sep 19 close $0.68 CDN
Mon 22 Sept 97 News Release
Mr George Poulos reports
The company has filed an application through Wien Securities, New Jersey, to be listed on the NASD OTC Bulletin Board. On August 28 1997, shareholders of Peak Technologies approved a resolution t change the company name to PeakSoft Corporation. The conversion of the corporate name to PeakSoft Corporation will occur on October 1 1997. (c) Copyright 1997 Canjex Publishing Ltd.
Here is another news story:
M.P. Technology sells fast homepage linking package
09/16/97
NIKKEI English News
(Copyright 1997)
(Nikkei Industrial Daily, Sept. 14, 1997)
Tokyo systems developer M.P. Technology Inc. has signed a sole agency agreement with Peak Technologies
Inc. and is selling a Japanese-language version of the U.S. firm's Internet software package called Peak Jet.
The software, said to be simple enough for novices to use, enables linking of homepages up to 10 times faster
than without the package.
The software, priced at 5,800 yen, operates the modem constantly, which allows Net surfers to view one
homepage while downloading others. The company targets first-year sales of 60,000 packages.
Peak Technologies has shipped some 200,000 copies worldwide to date, officials at the Tokyo company said.
MORE INFO ON PEAK:
Peak Technologies : This little unknown software company has been quietly getting its product on the
shelves of just about every major software retailer, Best Buy, CompUSA, EggHead. The product is PeakJet a real time internet browser accelerator. It speeds up your modems
by as much as 80%. It can be downloaded for a free 30 day trial at peak-media.com
The company is unfortunately traded on the Alberta Exchange (symbol PKT.a) The bulletin board is the first step to moving to
Nasdaq small cap. market. The move to the bulletin board should move the stock significantly. It currently trades at $0.50 U.S. Apparently their are a number of brokerage firms ready to buy the stock as soon as it moves over to NASDAQ. There are 15 million shares outstanding and management owns 25%.
The news that will move this stock is a move to the bulletin board in 3 - 4 weeks and two new products plus
lots of new bundling deals!
HERE IS THE MOST RECENT REVIEW OF THE PRODUCT:
Peaking at the Right Time
PC Magazine
www8.zdnet.com
By Karen J. Bannan (06/06/97)
Peak Technologies' $29.95 PeakJet 1.51, formerly known as Net.Jet 1.11, is a 32-bit Java-based utility that
replaces your browser's cache. When we first reviewed this product (March 25, 1997), we liked how it sped
up Web page access. But we were also concerned that it would interfere with your ability to get the most
up-to-date page information. While you're surfing and reading, the software goes out and caches links it
presumes you're likely to click on next. Unfortunately, there can be an hours-long delay between the time
when a page is cached and the time when you actually view it.
PeakJet 1.51 fixes this problem in two ways. When you first start the program it automatically marks every
page in the cache as old, so when you click on a link (unless it has been updated) you'll receive the live Web
page. Although this means you'll have to wait as you normally would for the page to download, you'll be
assured of getting the most recent information.
There's also a new option--the Toggle Cache--that lets you disable the PeakJet cache so that every page you
load will be live. Previously, you were unable to turn the program off if you wanted to browse on your own,
a significant problem for anyone who visited frequently updated sites.
As you browse the Web, you should notice a dramatic improvement in speed over previous versions. PeakJet
now features a new, simpler-to-use interface, and it has added support for the Java Virtual Machine (JVM).
According to Peak Technologies, the JVM updates pages more frequently and lets you browse up to three
times faster; to some extent, this solves the problem of stale pages.
Several advanced cache configuration options are also added. Most important of all, you can now use PeakJet
as an off-line browser via the advanced cache options. If you're worried about space, you can relocate the
cache file to a separate hard disk or storage device and set the program to stay within a specific URL.
When you're browsing, you need all the speed and help you can get. With PeakJet 1.51, you're guaranteed a
better, more accelerated session. To get a free 30-day trial version, download a copy of the program from the
Peak Technologies Web site. You'll always have the latest version of the software, since PeakJet always
checks for the latest version of itself.
PeakJet 1.51
List price: $29.95, Free 30-day trial
Requires: 486 PC or faster; Windows 95 or Windows NT; 16 MB RAM; 4 MB free hard disk space
minimum; up to 14 MB depending on your cache settings; Netscape Navigator 2.0+ or Microsoft Internet
Explorer 3.0+.
Peak Technologies, Inc.
peak-media.com
Here is a very big press release
PEAK TECHNOLOGIES APPOINTS FORMER IBM SENIOR VICE PRESIDENT TO BOARD OF
DIRECTORS Bellingham, WA, May 5, 1997 - Peak Technologies Inc. (ASE:PKT.A) a market leader in
Internet performance enhancement products, today announced the appointment of Carl Conti, former IBM
Senior Vice President and General Manager of IBM Enterprise Systems, to the Peak Board of Directors.Conti,
whose career at IBM spanned 32 years, originated the concepts of modern cache memory. He has served as
Vice President of the General Technology Division, President of the Data Systems Division, and group
executive for the Information and Storage Group and was named to the IBM Corporate Management Board.
As General Manager of IBM Enterprise Systems, Conti directed an organization of 30,000 employees with
annual revenues in excess of $20 billion. In addition to his membership on the board of Peak, Conti is also a
member of the Adaptec Corporation (NASDAQ:ADPT) Board of Directors. "I'm very pleased to welcome
Carl Conti to the Peak Board and as an investor in the company," said Doug Foster, President and CEO of
Peak. "He is bringing a wealth of experience and industry expertise in Peak's technology niche as well as
providing contacts at the highest level to many of the significant corporations in our industry."
Corporate Overview
May, 1997
Listing Symbol PKT.A
Exchange Alberta Stock Exchange
Fiscal Year End September 30
Current Price $0.70 CDN
Shares Outstanding 11.3 million
Restricted Stock 4.0 million
Fully Diluted 14.6 million* (est.)
Estimated Float 5.3 million
*Fully diluted, including directors options (992K) and warrant purchase options (2.349 million), if exercised
would provide additional capital of $2.04 million US.
Peak possesses an extensive base of Java software technology and expertise. Peak is experiencing dramatic
growth in sales, backlog and contract commitments for its Internet performance enhancement products and
expects this growth to accelerate throughout 1997. Analysts and consumers have favorably received the
introduction of new and updated software products. The company has detailed plans to extend its technology
lead through the end of the century.
Recently the Company has significantly strengthened its Board of Directors with the appointment of Carl
Conti, former IBM Senior Vice President and General Manager of IBM Enterprise Systems, and Tom
Williams, former Product Manager, New Media and Entertainment division at Apple Computer Inc.
Peak Technologies, Inc., head-quartered in Bellingham, WA, is a pioneer in the development of Internet
performance enhancement products. Peak employs a Java-based development environment in a series of
software products designed to revolutionize the delivery of information and graphics on the Internet. Peak's
mission is to provide Internet performance products that enhance the functionality and quality of the Internet
experience for both consumers and businesses.
Market Opportunity
The Internet has over 30 million users at present and conservative estimates project over 200 million users in
the next three years as the World Wide Web becomes an essential utility. This dramatic growth gives Peak an
excellent opportunity as the Internet user's performance expectations are a lot higher than the Internet currently
delivers. Internet enhancement performance products should be a major growth opportunity for the next five
years.
Market Strategy
Peak's strategy is to enhance the performance of existing products for browsing (Netscape NavigatorO and
Microsoft ExplorerO), communication via e-mail, publishing and file exchange software programs and
collaborative products. The company has a blueprint to extend its technology through the end of the century.
Peak's server, agent, caching and updater technologies are being embedded in applications that are sold
globally.
All Peak products are written in Java. Peak's strategy is to enhance current technology and add utility to
successful products. This is a value added growth approach to proven products and markets. The Company's
position is to embrace and extend winning industry standards that will enable Peak's products to benefit from
the market pull of industry giants such as Microsoft, Netscape and Sun.
Peak has a threefold business strategy:
1. Strategic partnering through bundling Peak's products and licensing technology, with the objective of
generating revenue and millions of users.
2. Retail distribution through North American, International and On-line channels.
3. Upgrade revenue generated through direct marketing to Peak's expanding customer base.
Products and Sales
PeakJet is the first "real time" online Web browser accelerator that dramatically increases the speed that users
can find information, view pages and links within a site on the Internet. The first all-Java consumer retail
application to market, PeakJet debuted on November 18, 1996 at Comdex in Las Vegas and C/Net selected
PeakJet as the Internet Software Pick of the Comdex Show. Peak released its second Java product,
JetEffects,
in March of 1997. This easy-to-use software enables users to create quick and dynamic Java animations for a
Web site without any Java programming experience. The company intends to add two new Java-based
products to be delivered in Fall 1997.
Peak expects to create the greatest awareness and largest user base for its products by strategic partnerships
with significant high technology companies both in North America and internationally. This is the major thrust
of the Company marketing efforts for the balance of the year. To date, four major partnering agreements were
signed: Diamond Multimedia, Cardinal Technologies (Hayes), KDS Canada, and Trinity Works. The
Company estimates, based on industry standards, that these agreements will produce sales of Peak
performance enhancement software valued in excess of US$700,000 by December 31, 1997.
US retail shipments of PeakJet commenced in December of 1996 and by March 31, 1997, this product was
being sold in five of the top six major US software retailers who account for over 50% of total US annual
software sales. Strong visibility in the retail channel and over 25 positive product reviews in the trade and
popular press have led to significant sales and new partnerships. The Company has recently negotiated a
contract to expand its retail distribution in the US and Canada to include 11 of the top 13 software retailers,
reaching over 80% of the software retail market.
International distribution of PeakJet commenced in January, 1997 with sales to the Japanese market. As of
May, the Company now has distribution agreements for Japan, UK, Germany, France, Italy, Australia, Korea
and Brazil with total minimum sales commitments to deliver 39,800 units of PeakJet valued at US$491,200
from April 1 - December 31, 1997.
The company projects sales ending June 30, 1997 to increase 100% over the previous quarter as all of the
distributor channels start to come in to play.
Conclusion
Peak Technologies has created a new successful class of Java software products and has had over 25
positive
industry reviews to date. In its first few months Peak has demonstrated its ability to gain distribution through
all channels, both in North America and internationally. The company intends to extend its technology, and
capitalize on early success through the rapid expansion of its marketing, sales, research and development
capabilities. Peak products offer simple and clear benefits to the user, while being based on a considerable
core of technology. Peak is refining its business strategy, continuing to invest in research and development,
and has attracted the right board members so that the Company can sustain an exceptional growth rate and
dominate its market niche.
For more information, contact:
Peak Technologies Head Office
1211 Cornwall Avenue Bellingham, WA USA 98225
For product information
visit Peak Technologies' Web site at peak-media.com
Investor Relations
George Poulos 888-377-7325
invest@peak-media.com
Corporate Contact
Stephen Fowler 800-453-5322
invest@peak-media.com
Broker Contact
Randy Ferguson
800-380-3462
wrfergus@bellsouth.net |
