Cell-Loc Location Technologies Inc.

Cell-Loc Location Technologies Inc.

December 13, 2006 15:05 ET

Cell-Loc Location Technologies Inc. Extends Expiry Date on Warrants

CALGARY, ALBERTA--(CCNMatthews - Dec. 13, 2006) - Cell-Loc Location Technologies Inc. (TSX VENTURE:LTI) ("CLTI"), today announced that it has amended the terms of share purchase warrants which previously had expiry dates in December 2006. As a result of the amendment, the 10,683,349 warrants, which have a strike price of $0.22, will now expire January 31, 2007.

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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For further information about CLTI and the ongoing technology business or about LSSI, please see contact below.

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

Contact Information

  • Cell-Loc Location Technologies Inc.
    Dave Guebert
    VP Finance & CFO
    (403) 569-5700
    (403) 569-5701 (FAX)
    Website: www.cell-loc.com