News Release

For immediate release Trading Symbol: LTI

Cell-Loc Location Technologies Announces Closing of Private Placement

Calgary, AB, January 31, 2006 – Cell-Loc Location Technologies Inc. (TSX-V: LTI) (“CLTI” or the “Company”), a leading developer of network-based wireless location technology that enables location-based services, is pleased to announce closing of a non-brokered private placement. This closing consists of 5,528,000 units ("Units") in the capital of the Company for gross proceeds of $1,382,000 at a price of $0.25 per Unit (the "Offering").

Each Unit consists of one common share of ("Common Share") and one half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.40 per Common Share at any time on or before the 24 month anniversary of the closing of the Offering. The Common Shares and Warrants issued pursuant to the Offering are subject to a four-month hold period expiring on June 1, 2006. The Company has the option to require exercise of the Warrants in the event that the share price of its Common Share trades at or above $0.75 for any twenty consecutive days.

Net proceeds of approximately $1,350,000 (net of estimated financing costs of $32,000) from this private placement will be used to fund the completion of the wireless location network that the Company is currently deploying in São Paulo, Brazil, and for working capital purposes.

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."

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

Dave Guebert

Vice President, Finance and CFO

Cell-Loc Location Technologies Inc.

Phone: 403.569.5796

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.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Not for distribution to U.S. news wire services or dissemination in the United States.