LTI Cell Loc Location Technologies Com Npv

Cell-Loc Location Technologies Inc. (TSX VENTURE:LTI) ("CLTI"), a leading
developer of network-based wireless location technology that enables
location-based services, today announced the signing of a Joint Development
Agreement (the "Agreement") with Samsung Electro-Mechanics Co., Ltd. ("Samsung")
of Seoul, South Korea.


The Agreement provides that CLTI and Samsung shall collaborate in the joint
development of a System-on-Chip (SoC) for CLTI's proprietary location
transmitting device ("Beacon"). CLTI shall provide expertise and know-how for
the design and verification of the SoC. The cost of the development and
fabrication shall be borne by Samsung.


The SoC shall integrate a large number of the electronic components presently
used in the Beacon into a single integrated circuit (chip). The SoC will provide
the following functions: a microprocessor to process data and control the
operation of the Beacon, program memory to store the processing and control
instructions, data memory to save information, timing generators to precisely
measure and generate time intervals, radio frequency circuits to generate and
transmit radio frequency signals to the network, external interfaces to allow
the Beacon to send and receive information from, and to control external
equipment, and power management to maximize the operating life of the Beacon
from batteries. The improved Beacon shall be comprised of the SoC and a small
number of supplementary components.


The development of the SoC provides a significant improvement to the Beacon by
providing a smaller and less expensive Beacon than is currently in use. Each of
these improvements will result in the application of the technology in
additional vertical markets. The low-cost, battery-powered Beacon is capable of
sending messages to the network and receiving messages from the network. The low
power consumption of the Beacon allows for a battery life of several years and
together with its low cost and small size is suitable for a wide range of
portable location and telemetry applications.


Sheldon Reid, CEO of CLTI said, "Executing on our strategy to substantially
lower our cost structure, improve performance and offer additional applications
such as data movement, along with real-time location, at very inexpensive price
points are fundamental prerequisites to our goal of becoming recognized as the
leader in the LBS and telemetry space. We are gratified that Samsung, a
recognized world leader in technology and innovation, has selected us as the
partner of choice for developing and manufacturing the SoC Beacon product. We
look forward to our ongoing relationship with Samsung."


SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS:

Certain statements regarding Cell-Loc Location Technologies Inc. including
management's assessment of future plans and operations, may constitute
forward-looking statements under applicable securities laws and necessarily
involve known and unknown risks and uncertainties, most of which are beyond
CLTI's control. These risks may cause actual financial and operating results,
performance, levels of activity and achievements to differ materially from those
expressed in, or implied by, such forward-looking statements.


Such risks and uncertainties include, but are not limited to: the impact of
general economic conditions in Canada and Brazil; industry conditions including
changes in laws and regulations including adoption of new laws and regulations,
and changes in how they are interpreted and enforced, both in Canada and Brazil;
competition; the lack of availability of qualified personnel; fluctuations in
foreign exchange or interest rates; the ability to access sufficient capital
from internal and external sources; and obtaining required approvals of
regulatory authorities, both in Canada and Brazil. Readers are also referred to
the risk factors described in other documents that CLTI files from time to time
with securities regulatory authorities.


Accordingly, CLTI gives no assurance nor makes any representations or warranty
that the expectations conveyed by the forward-looking statements will prove to
be correct and actual results may differ materially from those anticipated in
the forward looking statements. CLTI undertakes no obligation to publicly update
or revise any forward-looking statements.

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