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LTI Cell Loc Location Technologies Com Npv

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Share Name Share Symbol Market Type
Cell Loc Location Technologies Com Npv TSXV:LTI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Cell-Loc Announces Option Grant for Directors

24/05/2008 12:30am

Marketwired Canada


Cell-Loc Location Technologies Inc. (TSX VENTURE:XCT) (TSX VENTURE:LTI) ("CLTI")
today reported the grant of 60,000 incentive stock options ("options") to Board
members as a result of the election of the new Board of Directors on May 15,
2008. All of these options and are exercisable at a price of $0.625 per share,
based on the closing price of the stock on May 22, 2008. The options vest over
two years; one third of the options shall be vested immediately, one third on
the one-year anniversary and the remaining one third on the two-year
anniversary. 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 May 15, 2008.


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: "XCT."


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free news service (www.marketwire.com).


1 Year Cell Loc Location Technologies Com Npv Chart

1 Year Cell Loc Location Technologies Com Npv Chart

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