|By Business Wire||
|December 13, 2012 08:03 AM EST||
Location Based Technologies, Inc. (OTCBB:LBAS) a leading service provider of commercial A-GPS based location and tracking solutions for powered and battery operated mobile assets, today announced that it has signed a distribution and reseller agreement with Sales and Support Representatives (SaS Reps; www.sasreps.com) headquartered in Austin TX and Mexico City. SaS Reps is an independent sales and distribution organization that serves customers worldwide and has a strong focus and presence in Central and Latin America.
“Location Based Technologies has been targeting distribution of our consumer and commercial products and services beyond the US since our product launch with Apple in the US in November of 2011. We have products activated in over 70 countries, and have strong demand in Mexico,” said Dave Morse, CEO of Location Based Technologies. “We see Mexico as a tremendous market opportunity for us and we believe SaS Reps is the right partner to distribute our products in Central and Latin America.”
“We are receiving significant interest for PocketFinder products in the initial phase of our Mexico launch," said Scott Savens, CEO of SaS Reps. "We strongly believe the superior design of the LBT technology will enable SaS Reps to successfully sell LBT products into the Central and Latin American markets.”
About Sales and Support Representatives
Sales and Support Representatives (SaS Reps) is an independent sales and support organization founded in 2009, with North America headquarters in Austin, Texas and Central and Latin America (CaLA) headquarters in Mexico City. SaS Reps serves customers throughout North America and CaLA specializing in sales of world class communications products to Service Providers and their consumers. SaS Reps provides distribution services for some of the largest equipment providers in the telcom, military and airline industries including: Westek Electronics, Alphion, Nexus Telcom and Optelian.
For additional information see www.sasreps.com.
Location Based Technologies
A publicly traded company, Location Based Technologies(OTCBB:LBAS) is headquartered in Irvine, CA, designs and develops leading-edge A-GPS location devices and customizable services that incorporate patented, proprietary technologies designed to enhance and enrich the way businesses and families interact globally. Visit the website, www.locationbasedtech.com, for more information on asset tracking solutions and www.pocketfinder.com for personal and pet locator devices from PocketFinder.
Location Based Technologies, Inc. and PocketFinder are trademarks of Location Based Technologies, Inc. registered in the U.S. and other countries.
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.
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