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POZ Prosys Tech (Tier2)

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Share Name Share Symbol Market Type
Prosys Tech (Tier2) TSXV:POZ TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Prosys Announces a Partnership Between Peak Positioning and AsusTek Computers

24/09/2008 7:32pm

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Prosys-Tech Corporation (TSX VENTURE: POZ) ("Prosys") is proud to announce that Peak Positioning Corporation ("Peak"), a privately owned wireless security company in which Prosys currently holds 40% and option to own up to 50.1% of the company's outstanding capital stock, has agreed to work together with AsusTek Computers inc. ("Asus") to incorporate Peak Positioning's notebook security technology into Asus's business line of notebook computers. Asus expects to begin to offer its Peak enabled line of notebook computers later on this year.

In collaborating with Peak, Asus recognizes the need for Peak's wireless security services and the potential for the development of future wireless applications and hence Peak's value-added proposition to their line of notebook computers.

About Prosys

Prosys-Tech Corporation (TSX VENTURE: POZ) is a holding company having interest in three main divisions, (1) Ordinateurs Prosys-Tec Inc. a "whitebox" PC manufacturer for government, educational and corporate customers, (2) CDMS Inc. (75% owned) is a 24/7 multilingual service desk offering technical services, network operations and monitoring, managed services, as well as IT consulting services, (3) Peak Positioning Corporation offers notebook manufacturers wireless security and asset recovery services using wireless communications to disable and retrieve lost or stolen notebooks. Prosys recently announced that it was exiting the "whitebox" manufacturing business to concentrate on Peak Positioning and CDMS.

About Peak positioning Corporation

Peak Positioning is offering a new concept security-central for mobile computers based on wireless communications technology. The company has partnered with global leaders in the field of wireless communications to develop a portfolio of wireless security, support and asset recovery services for the mobile computer industry. The services offered include using wireless communications to immediately power off and on (disable and enable), to continuously accurately locate lost, stolen or otherwise reported missing mobile computers.

www.peakpositioning.com

About Asus

AsusTek Computers Inc. (LSE: ASKD), based in Taiwan, is a leading provider of computer communications and consumer electronics solutions. In Q3 2007, analysts ranked Asus as the world's 8th largest PC manufacturer by volume. In 2007, one in three desktop PCs sold was powered by an ASUS motherboard, and the company's 2007 revenues reached US$6.9 billion. With unyielding commitment to innovation and quality, ASUS won 2,568 awards in 2007, representing on average, over 7 awards every day last year. BusinessWeek has ranked ASUS amongst its InfoTech 100 for the 10th straight year, and the company is ranked as No.1 in quality products and services by the Wall Street Journal. ASUS has also achieved the No.1 title on the annual league table of Taiwan Top 10 Global Brands with a brand value of US$ 11.96 billion.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

Contacts: Prosys Tech Corporation Mr. Georges Hebert President and Chief Executive Officer 514-255-3454, extension 270

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