Calgary, AB, December 15, 2003 – Cell-Loc Location Technologies Inc. (TSX-V: LTI) (“CLTI”) today reported the grant of incentive stock options (“options”) to certain officers, directors and employees of the Company, to purchase a total of 840,000 common shares at a price of $0.24 per share, based on the closing price of the stock on Friday, December 12, 2003 (the “grant date”). All of the options granted on December 12, 2003 vest over two years; one third of the options shall be vested immediately, one third on the one-year anniversary of the grant date and the remaining one third on the two-year anniversary of the grant date. Vested options can be exercised at any time during the five-year period following the grant date. These options are granted under the Company’s stock option plan approved by shareholders on December 1, 2003.

About Cell-Loc Location Technologies Inc.

Cell Loc Inc. (www.cell-loc.com), a leader in the wireless location industry, is the developer of Cellocate™, 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 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.

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

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For further information about CLTI and the ongoing technology business, please contact:

Tammy Yamkowy

Director, Corporate Communications & Investor Relations

Cell-Loc Location Technologies Inc.

Phone: 403.569.5748

investor@cell-loc.com