Location Based Technologies Inc. (OTCBB: LBAS) hit the newswire today with an announcement that holds the potential to drive profitable revenue growth for the company going forward by unlocking a massive application market outside the traditional realm of its PocketFinder® offering.

LBAS recently inked a $1.2M professional service contract with LoadRack.com, LLC – a leading technology solution provider to the trucking & freight monitoring industry – to integrate its PocketFinder® network with the new LoadRack™ real-time location system.
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