Location Based Technologies Receives Initial Purchase Order for PetFinder Devices...

Location Based Technologies Receives Initial Purchase Order for PetFinder Devices from TagWorks

ANAHEIM, Calif.--(Business Wire)--
Location Based Technologies, Inc. (OTCBB:LBAS), a leading-edge
family service provider of personal and pet locator devices and
services, today announced it has signed its first purchase order for
$3.7M with TagWorks for PetFinder(R) devices to be delivered January,
2009.

"By partnering with TagWorks, we secure a distribution
relationship with a proven provider of leading edge pet related
technology," said Dave Morse, CEO of Location Based Technologies. "We
are committed to bringing the best wireless products and experiences
to U.S. customers and truly believe that PetFinder is a breakthrough
product that will change the way families stay connected with their
pets."

The PocketFinder(R) and PetFinder family of products uses advanced
technology to help families and their pets stay connected. The
smallest known single-board GSM/GPS device easily fits onto the pet's
collar and can be accessed via the Internet, cell phone or landline to
show its exact location in real time. In addition, the devices include
several advanced features, such as allowing users to designate
customizable alert areas as electronic "fences" to notify them when a
pet leaves or enters a specified area or checking the 30 day history
to assess your pets exercise regimen and wanderings.

About TagWorks

TagWorks, LLC was co-founded in 2007 by its Chairman Richard
McWilliam, a well-known sport and entertainment industry entrepreneur,
who is also Chairman of The Upper Deck Company located in Carlsbad,
California. TagWorks, a Tempe, Arizona-based company was established
to market innovative pet products based on a patent pending laser
kiosk approach that engraves designer pet tags.

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.

Location Based Technologies
David Morse, 800-615-0869
dave@pocketfinder.com
or
Daly-Swartz PR for Location Based Technologies
Jeffrey Swartz, 949-470-0075
jeffreyswartz@dsprel.com
or
Northstar Investments
Investor Relations
Glenn Busch, CFP, 714-310-8641
glenn@pocketfinder.com

Copyright Business Wire 2008