Blackline GPS Corp.

Blackline GPS Corp.

July 29, 2009 16:30 ET

Blackline GPS Corp. Grants Stock Options

CALGARY, ALBERTA--(Marketwire - July 29, 2009) -


Blackline GPS Corp. (TSX VENTURE:BLN) ("Blackline" or the "Company") is pleased to announce that it has granted stock options to acquire up to 350,000 common shares of the Company to Martin Thall in connection with his appointment to the board of directors on July 21, 2009. For further information, please refer to the Company's press release issued July 21, 2009 available on The options have an exercise price of $0.20 per common share and expire on July 28, 2014. All of the options vest immediately.

Blackline has determined that exemptions from the various requirements of the TSX Venture Exchange Policy 5.9 are available for the grant of options.

About Blackline GPS, Corp.

Blackline GPS Corp. is a communication technology manufacturer of security, tracking & monitoring devices for automotive, commercial and industry safety and family use. Blackline GPS sells its products under its own brand name and through a mutually exclusive licensing arrangement with Escort Inc., the world's leading technology company in automotive radar and laser detection instruments ( Blackline GPS also provides monitoring services for their manufactured products under partnership with Reliance Protectron, the 5th largest security company in North America.

A copy of this news release will be available at

Certain statements included in this presentation may be considered forward-looking. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements, and therefore these statements should not be taken as guarantees of future performance or results. Forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond Blackline's control, including: the impact of general economic conditions, industry conditions, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates and stock market volatility. The forward-looking statements contained in this news release are made as at the date of this news release and Blackline does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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