Location Based Technologies Partners with Telcel & America Movil to Launch PocketFinder Products in Mexico and South American Territories

America Movil Parent Will Provide Comprehensive Latin America GSM Network Coverage

Location Based Technologies, Inc. a leading-edge service provider of personal, pet and asset GPS locators and devices, today announced it has entered a Commercial Agreement to provide the PocketFinder® family of location devices and services to the markets in Mexico and Latin America through Radiomovil Dipsa S.A. de C.V.

Under the terms of the Agreement, PocketFinder®’s family of products will be integrated into Telcel’s M2M network and Location Based Technologies, Inc., will sell devices directly to Telcel, Radio Movil DIPSA (America Movil).

By partnering with Telcel and America Movil, their 231 Million wireless customers in Mexico and Latin America will soon enjoy the benefits of the PocketFinder products and services,” said Dave Morse, CEO of Location Based Technologies, Inc.

We were selected by Telcel and America Movil because they are committed to bringing the best wireless M2M products and GPS services to their customers and believe that LBT delivers breakthrough products that will change the way businesses and families use wireless data devices. We’re thrilled to make our products available to Telcel and America Movil customers in Mexico and many Latin American countries.

Telcel’s successful multi-month testing of the PocketFinder devices and Network Certification was conducted throughout each of Telcel’s Mexico based territories. The wireless carriers will market and provide complete services to their Commercial and Consumer customer base. Now that the companies have reached a partnership Agreement, the first purchase orders are expected to arrive shortly.

Mr. Arturo Rodriquez Monsalvo, Chief of Mobile Data Services, Telcel, commented:
We at Telcel are pleased to be working with Location Based Technologies in launching the PocketFinder family of products to our customers in Latin America. We see PocketFinder’s location offering as a great enhancement to Telcel’s data (Machine-to-Machine) services.

The PocketFinder family of products uses advanced technology to help businesses and families stay connected. The PocketFinder® is the smallest known single-board GSM/GPS device, and it easily fits into a pocket, purse or backpack, and can be accessed via smart phones or any other device that provides Internet access to show its location in real time. Its service includes advanced GPS features, that allow users to designate customizable alert areas such as electronic “fences” or zones, vehicle speeds, location times, and fleet management information.

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