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XCT Cell-Loc Location Technologies Inc.

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Share Name Share Symbol Market Type
Cell-Loc Location Technologies Inc. TSXV:XCT 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 Reports First Quarter Results

30/06/2011 1:51am

Marketwired Canada


Cell-Loc Location Technologies Inc. (TSX VENTURE:XCT) reports a comprehensive
loss of $17,000 for the three months ended March 31, 2011. During the quarter,
the Company continued its development activity related to its wireless location
and communication technology.   


The Company is continuing discussions with the Bravia group with the intent of
reacquiring X3 Telecomunicacoes, Cell-Loc's former subsidiary which operates a
network in Sao Paulo, Brazil. Discussions have been productive to date for both
parties, but to date no agreements have been reached.


The Company has applied to a provincial technology funding agency for funding
support of technology development and commercialization initiatives. Cell-Loc
has received conditional approval for an initial program providing up to
$200,000 in support of the Company's technology. The Company expects to satisfy
the conditions and finalize the agreement within the next month.


The complete financial statements along with management's discussion and
analysis can be found on the Company's website (www.cell-loc.com) and on SEDAR
(www.sedar.com).


About Cell-Loc Location Technologies Inc.

Cell-Loc is an intellectual property company that has a proprietary technology
designed for deployment of wireless data transmission and location based
services. The Company has installed a commercial network in Sao Paulo, Brazil
where its technology is being deployed for stolen vehicle recovery services
within that network. Cell-Loc is currently in the engineering design and
development phase whereby its technology will be deployed for telemetry markets
that can be serviced by an existing network or customized as a stand- alone low
cost line of sight network application.


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free news service (www.marketwire.com).


1 Year Cell-Loc Location Technologies Inc. Chart

1 Year Cell-Loc Location Technologies Inc. Chart

1 Month Cell-Loc Location Technologies Inc. Chart

1 Month Cell-Loc Location Technologies Inc. Chart

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