N@N

Location Based Technologies Announces Annual Meeting of Shareholders to Be Held August 30, 2011

_{//science-technology.news-articles.net/content/2 .. g-of-shareholders-to-be-held-august-30-2011.html}
^{Published in Science and Technology on Tuesday, August 23rd 2011 at 7:21 GMT by Market Wire}  

IRVINE, Calif.--([ BUSINESS WIRE ])--Location Based Technologies, Inc. (OTCBB:LBAS), a leading-edge service provider of personal, pet and asset GPS locators and devices, will be holding its second Virtual Shareholder Meeting at 1:00 P.M. Pacific Time on Tuesday, August 30, 2011. The meeting can be attended live via the Internet, [ www.virtualshareholdermeeting.com/lbas11 ] or by telephone via the Broadridge dial-in number (412) 858-4600. Please log-in at 12:55 PDT or 3:55 EDT.

Using technology to connect and empower people is a basic cornerstone for how Location Based Technologies operates and this approach fits with Broadridgea™s Virtual Shareholder format of allowing shareholders to fully participate in the companya™s annual meeting from a location of their choice. Shareholders from everywhere will not need to travel yet will be able to join via the internet or the telephone to hear and/or see the meeting content, ask questions, and vote their shares.

About Location Based Technologies

A publicly traded company (OTCBB:LBAS), Location Based Technologies, headquartered in Irvine, CA, designs and develops leading-edge personal locator GPS devices and services that incorporate patented, proprietary technologies designed to enhance and enrich the way businesses and families interact globally. Visit the website, [ www.pocketfinder.com ], for more information on personal locator devices from PocketFinder®.

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.