Cell-Loc Location Technologies Inc. Reports 2010 Net Income of $589,000

Cell-Loc Location Technologies Inc. (TSX VENTURE:XCT) ("Cell-Loc") reports net
income of $589,000 for the year ended December 31, 2010. Highlights include
revenue of $1,717,000, a gain of $981,000 on sale of its subsidiary and a gain
of $1,647,000 on settlement of liabilities.


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).


SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS:

Certain statements contained in this news release constitute forward-looking
statements By their nature, forward- looking statements are subject to numerous
risks and uncertainties, some of which are beyond Cell-Loc's control including
the impact of general economic conditions, industry conditions, currency
fluctuations, competition from other industry participants, the lack of
availability of qualified personnel or management, stock market volatility and
ability to access sufficient capital from internal and external sources, the
inability to obtain required consents, permits or approvals, including
regulatory approvals, counter-party risks and the risk that actual results will
vary from the results forecasted and such variations may be material. Readers
are cautioned that the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation may prove to be
imprecise and, as such, undue reliance should not be placed on forward-looking
statements. Cell-Loc's actual results, performance or achievement could differ
materially from those expressed in or implied by, these forward- looking
statements and, accordingly, no assurance can be given that any of the events
anticipated by the forward- looking statements will transpire or occur, or if
any of them do so, what benefits Cell-Loc will derive therefrom.


The forward-looking statements contained in this news release are made as of the
date of this news release. Except as required by law, Cell-Loc disclaims any
intention and assumes no obligation to update or revise any forward- looking
statements, whether as a result of new information, future events or otherwise,
except as required by applicable securities laws.

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