"With initial GSM laboratory type approval we continue our commitment to bring PocketFinders to families all over the world," said David Morse, co-president and CEO of Location Based Technologies, Inc.

"We are in strategic partnership discussions with leading telecommunications companies and other industry leaders, globally, that are committed to bringing the best wireless LBS products and experiences to their customers.

"The PocketFinder and PetFinder are breakthrough products and services which will optimize the way families stay connected. We're thrilled to have reached this stage of being able to begin production of our product to families around the world and we recognize and appreciate all of our vendors who have helped us reach this stage."

Morse noted that the development team's effort has been validated by completing initial GSM-type approval in the laboratory. "This means we can commence sales in Europe and on most other GSM wireless networks. U.S. networks require additional certifications that are under way," he added.

The PocketFinder family of products uses advanced technology to help families stay connected. The smallest known single-board GSM/GPS device easily fits into a pocket, purse or backpack, and can be accessed via the Internet, cell phone or landline to show its location in real time.

In addition, the devices include several advanced features, such as allowing users to designate customizable alert areas as electronic "zones" to notify them when a family member or pet leaves or enters a specified area. The devices can even track vehicle speeds to ensure family members are driving safely.

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