XCT Cell-Loc Location Technologies Inc.

Cell-Loc Location Technologies Inc. (TSX VENTURE:XCT) reports annual revenue of
$4,323,000 representing growth of 11% from the prior year. Gross Margin
increased by 39% to $4,052,000. Although the Company recorded these top line
increases, it fell short of planned growth. As a result, Cell-Loc still recorded
a net loss of $2,739,000 during the year. 


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 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".


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.


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For further information about Cell-Loc and the ongoing technology business,
please contact Sheldon Reid or Dave Guebert.

Cell-Loc Location Technologies Inc. (TSXV:XCT)
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Cell-Loc Location Technologies Inc. (TSXV:XCT)
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