Parkit Appoints New CFO

Parkit Enterprise Inc. ("Parkit" or the "Company") (TSX VENTURE:PKT) is pleased to announce that Simon Buckett has been appointed Chief Financial Officer.

Mr. Buckett brings with him over twelve years of finance and project management experience working for private and publically listed companies in the UK, US, and Canada. Mr. Buckett began his career with KPMG in London and then in Vancouver as Senior Auditor, later joining Ernst & Young as an audit department Manager. Most recently he was Vice President of Finance at Wurldtech Security Technologies, Inc. His responsibilities have included internal control and governance policy, the implementation of Sarbanes-Oxley in a number of SEC registrants, and managing the reporting requirements of a range of private and public companies.

Concurrently, with the rollout of the acquisition fund, Patrick Bonney has been appointed Vice President, Corporate Development, and John LaGourgue Vice President, Corporate Communications.

About Parkit

Parkit Enterprise Inc. is a listed private equity real estate company that acquires and aggregates income-producing real estate in the parking sector.