News Release

For immediate release                                                                                                                                                                           Trading Symbol: LTI

 

 

Cell-Loc Location Technologies Inc. Announces 

Its First Stolen Vehicle Recovery in São Paulo

 

Calgary, AB, July 26, 2006– Cell-Loc Location Technologies Inc. (TSX-V: LTI), today announced its first vehicle recovery operation has been successfully completed in São Paulo.  This was the first reported stolen vehicle since Cell-Loc commenced its commercial operations earlier this month.

 

Earlier this week, a Volkswagen Gol was identified as missing from a residential area in the city of São Paulo.  Fortunately, the owner’s insurance company, Itaú Seguros, had recently offered her a vehicle recovery service and four weeks ago, the vehicle was equipped with Cell-Loc’s Beacon.  After notifying the call center of the theft, the security company was able to locate the vehicle in real-time using Cell-Loc’s wireless location technology.  The vehicle was then shut down using the two-way communication capabilities of the Beacon and a recovery team was dispatched to recover the vehicle.  Once the vehicle was secured, police were notified, and the car was returned to the satisfied customer.  The entire recovery process took just over one hour.

 

This initial success demonstrates the capabilities of Cell-Loc’s technology.  Real-time location combined with the ability to block (shut down) a vehicle, resulted in its speedy recovery.  This incident also displays the Company’s ability to obtain deep market penetration through its service, which is believed to be the lowest cost in the marketplace.  This is particularly important in São Paulo where the incidence of stolen vehicles is extremely high and potential customers are unable to afford more expensive devices.  The VW Gol has a market price of under $7,500, making it impractical to utilize any other stolen vehicle security service. 

 

Cell-Loc believes that the successful deployment of its wireless technology in a city such as São Paulo positions it as an emerging leader in the wireless location market.

 

 

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.

 

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:

 

Sheldon Reid                                                 Dave Guebert
President & CEO                                              Vice President Finance & CFO

Cell-Loc Location Technologies Inc.                    Cell-Loc Location Technologies Inc.

Phone: 403.569.5700                                       Phone: 403.569.5700