Cell-Loc Location Technologies Inc. Issues Shares

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES. 


Cell-Loc Location Technologies Inc. (TSX VENTURE:XCT) ("Cell-Loc") announces
that it has issued shares in settlement of certain obligations as previously
announced July 28, 2011. 


The Company has issued a total of 150,000 shares to three debenture holders as
compensation for their agreement to wave certain repayment rights in connection
with the Company's recent financing. The shares are deemed to be issued with a
value of $0.10 per share.


In addition the Company has issued 180,000 shares to a company controlled by one
of Cell-Loc's directors as compensation for services provided by him in business
development activities for the Company. The shares are deemed to be issued with
a value of $0.12 per share.


The shares issued are subject to a four-month hold period expiring on January 8,
2012.


The issuance of shares to the director of Cell-Loc is exempt from the valuation
and minority shareholder approval requirements of Multilateral Instrument 61-101
("MI 61-101") by virtue of the exemptions contained in MI 61-101, as the fair
market value of the shares issued to the director does not exceed 25% of
Cell-Loc's market capitalization.


SOURCE: Cell-Loc Location Technologies Inc. 

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