Cell-Loc Location Technologies Announces Grant of Incentive Stock Options to Directors, Officers and Employees

Cell-Loc Location Technologies Inc. (TSX VENTURE:XCT) ("CLTI") today reported
the annual grant of incentive stock options ("options") to officers, directors
and employees of the Company, to purchase a total of 1,020,000 common shares at
a price of $0.13 per share, based on the closing price of the stock on March 16,
2011. All of the options granted on March 17, 2011 (the "grant date") vest over
two years; one third of the options shall be vested immediately, one third on
the one-year anniversary of the grant date and the remaining one third on the
two-year anniversary of the grant date. 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 June
29, 2010. 


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.


To receive Cell-Loc Location Technologies news, please subscribe to Marketwire's
free news service (www.marketwire.com).

Cell-Loc Location Technologies Inc. (TSXV:XCT)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024