Cell-Loc Location Technologies Inc.

Cell-Loc Location Technologies Inc.

October 11, 2006 13:59 ET

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

CALGARY, ALBERTA--(CCNMatthews - Oct. 11, 2006) - Cell-Loc Location Technologies Inc. (TSX VENTURE:LTI), is pleased to provide an update of activity in the commercial rollout of its wireless location network in Sao Paulo, Brazil. The network was completed in June and has since been utilized to provide location information to assist in the recovery of stolen vehicles.

LTI's Brazilian subsidiary, X3 Telecomunicacoes e Equipamentos, has now established installation sites throughout the City of Sao Paulo, which provide it with an installation capacity of approximately 4,500 vehicles per month. X3 continues to increase the number of beacons installed in vehicles insured by its customer, Itau Seguros, with monthly totals noted below:

June 105
July 817
August 2,045
September 2,272

The company expects installations to exceed 3,750 vehicles per month during the fourth quarter.

To date, X3 technology has assisted in the recovery of 22 vehicles that were equipped with LTI's beacons.

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, Africa 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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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
    Cell-Loc Location Technologies Inc.
    Dave Guebert
    Vice President Finance & CFO
    (403) 569-5700