Cell-Loc Location Technologies Inc.
TSX VENTURE : LTI

Cell-Loc Location Technologies Inc.

June 04, 2007 14:37 ET

Cell-Loc Location Technologies Inc. Provides Update of Its Activity in Sao Paulo

CALGARY, ALBERTA--(Marketwire - June 4, 2007) - Cell-Loc Location Technologies Inc. (TSX VENTURE:LTI), is pleased to report another record month for installation of its beacons. During the month of May, LTI's Brazilian subsidiary, X3 Telecomunicacoes e Equipamentos ("X3"), installed 3,998 beacons in vehicles that are insured by its customer, Itau Seguros. This number exceeds the prior month's total of 3,303 and the guidance of 3,700 per month that was provided at the recent annual general meeting.

About Cell-Loc Location Technologies Inc.

Cell Loc Location Technologies Inc. (www.cell-loc.com) is the developer of a family of network-based wireless location products that enable location-based services. Located in Calgary, Alberta, Cell-Loc currently develops, markets and supports its patented wireless location technology in North and South America and Asia, with a view to expanding globally. Cell-Loc is listed on the TSX Venture Exchange under the trading symbol: "LTI."

Forward Looking Statements: This news release contains certain information that may constitute forward-looking statements under applicable securities laws. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Actual results achieved may vary from the results anticipated or implied herein and variations may be material. There is no representation by the Company that actual results achieved will be the same in whole or in part as those implied in any forward looking statements.

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The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.

Contact Information

  • Cell-Loc Location Technologies Inc.
    Sheldon Reid
    President & CEO
    (403) 569-5700
    or
    Cell-Loc Location Technologies Inc.
    Dave Guebert
    Vice President Finance & CFO
    (403) 569-5700