Calgary, AB, November 19, 2003 - Cell-Loc Inc. (TSX: CLQ) ("Cell-Loc" or the "Corporation") today announced that effective November 17, 2003, it has entered into an agreement with The Roseworth Group Ltd. ("Roseworth") pursuant to which the Corporation and Roseworth have agreed to immediately terminate their respective obligations under an Equity Facility Purchase Agreement (the "Facility") entered into on May 16, 2002. Specifics of the Facility are set forth in Note 8 to the Corporation's financial statements for the year ended June 30, 2003 as contained in the Corporation's Annual Report 2003.

In conjunction with the termination of the Facility, the Corporation and Roseworth have agreed that 350,000 warrants held by Roseworth, and previously issued pursuant to the Facility, will survive and will be included in the Corporation's previously announced "plan of arrangement" transaction on the same terms as other issued and outstanding warrants of the Corporation. An order of the Alberta Court of Queen's Bench affirming the same was issued on November 19, 2003.  Each warrant held by Roseworth entitles it to acquire a corresponding number of common shares of the Corporation at an exercise price of $2.05 on or before May 15, 2005.

About Cell-Loc Inc.
Cell-Loc Inc. (www.cell-loc.com), a leader in the wireless location industry, is the developer of Cellocate^TM, 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 Asia as well as North and South America, with a view to expanding globally. Cell-Loc is listed on the Toronto Stock Exchange (TSX) under the trading symbol: "CLQ."

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. 

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