Location Based Technologies Reports 10,000 PocketFinder Downloads for Apple iPhone and Google Android Smartphone

Business Wire, Jan 5, 2009

ANAHEIM, Calif. -- Location Based Technologies, Inc. (OTCBB:LBAS), a leading-edge provider of personal locator devices and services for families, today announced that its feature rich PocketFinder[R] service has been downloaded more than 10,000 times since its debut as an Apple (NASDAQ:AAPL) iPhone and Google (NASDAQ:GOOG) Android smartphone application two months ago.

Moreover, respected online media portal www.iappcat.com named the mobile PocketFinder services as the best iPhone personal locator. Also, www.gisuser.com awarded the PocketFinder service the Google G1 Android application App of The Day.

"We are absolutely delighted that the PocketFinder service has received such unprecedented attention," said Dave Morse, CEO of Location Based Technologies. "The response has been gratifying to say the least and to have reached this milestone in only eight weeks is astounding. We look forward to serving thousands more smartphone users as the need for our service becomes increasingly validated around the world."

Morse noted that the smartphone market is about to explode as more and more companies adapt applications to meet the needs of many different consumers. "In fact, now that Wal-Mart is selling the iPhone and the G1, consumers previously not exposed to the market will begin to purchase smartphones and forward-thinking application developers like us are adjusting business models to meet the anticipated demand."

PocketFinder has succeeded in combining its versatility and innovative features with the flexibility of the iPhone and Google Android platforms in order to make it easier for families to stay connected. With this application, now any authorized family member can locate any PocketFinder-enabled smartphone. The service also allows users to easily integrate with the PocketFinder family of products when they become available for sale in the U.S. in Q1 2009.

As the smallest known single-board GSM/GPS device, the PocketFinder easily fits into a pocket, purse or backpack and can be accessed via the Internet, cell phone or landline to show its exact location in real time. In addition, the device includes several advanced features such as designating customizable alert areas as electronic "fences" to notify when a family member or pet leaves or enters a specified area. The device can even track vehicle speeds to encourage safe driving decisions.

The Apple iPhone-based Mobile PocketFinder application is available to download from the iTunes' AppStore at www.apple.com/iphone/features/appstore. The Google Android-based (sold exclusively by T-Mobile (NYSE: DT)) Mobile PocketFinder application is available to download from the Android Market at www.android.com/market.

About Location Based Technologies

A publicly traded company (OTCBB:LBAS), Location Based Technologies designs and develops leading-edge personal locator devices and services that incorporate patented, proprietary technologies designed to enhance and enrich the lives of families globally. The company is headquartered in Anaheim, Calif. For more information, visit http://www.pocketfinder.com.

This news release contains forward-looking statements that involve risks and uncertainties. Actual results and outcomes may differ materially from those discussed or anticipated. For a more detailed discussion of these and associated risks, see the company's most recent document filed with the Securities and Exchange Commission.