Shareholder Vision Releases Comprehensive Video Featuring Location Based Technologies


DALLAS, Oct. 29, 2008 (GLOBE NEWSWIRE) -- John Pentony, President of Shareholder Vision, announced today that ShareholderVision.com has released a new video featuring Location Based Technologies, Inc. (OTCBB:LBAS). The video was shot on location at their Anaheim, California headquarters. In the video we speak with several members of their management team including David M. Morse, CEO and Co-President, Joseph Scalisi, Co-President and Chief Development Officer, and Desiree Mejia, the Chief Operating Officer.

The video is available at: http://www.shareholdervision.com/lbas10282008bb.htm

For slower connections, please visit: http://www.shareholdervision.com/lbas10282008gv.htm

About Shareholder Vision

Shareholder Vision brings the best of your company to the web in streaming video. Our Shareholder Vision crew comes to your location, shoots all video in high definition and delivers a crisp, clean product that shows current and potential shareholders your company like they have never seen it before. All of our videos are released with an ultra high resolution version for very fast connections, a high quality broadband resolution and our commercial Google Video account that allows for quality on the You Tube video engine without the advertisements and distractions. Let Shareholder Vision tell the story of your company. Contact: John Pentony at (469) 252-3031; email john@shareholdervision.com

About Location Based Technologies

A publicly traded company, Location Based Technologies (OTCBB:LBAS) 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.

Disclosure: Pentony Enterprises LLC has been compensated $10,500 in cash from a non-controlling third party and anticipates receiving 10,000 restricted 144 shares from the company for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.


            

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