8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  October 20, 2011

Location Based Technologies, Inc.

(Exact name of registrant as specified in its charter)

Nevada	333-139395	20-4854758
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

49 Discovery, Suite 260, Irvine, California 92618

(Address of Principal Executive Offices) (Zip Code)

(888) 600-1044

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registration under any of the following provisions:

o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(k) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

IRVINE, Calif.--(BUSINESS WIRE)--Location Based Technologies® Inc. (OTCBB:LBAS) today announced its PocketFinder® GPS Personal Locator device is now available for purchase exclusively at Apple Retail Stores® (https://www.apple.com/retail/locator) throughout the United States and Canada (NASDAQ:AAPL).

A copy of the release is attached as Exhibit 99.1.

This information shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act 1934, as amended, and is not incorporated by reference into any filing of the company, whether made before or after the date of this report, regardless of any general incorporation language in the filing.

Item 9.01.  Financial Statements and Exhibits

Exhibit #	Description
99.1	Press release

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LOCATION BASED TECHNOLOGIES, INC.
Date: October 20, 2011	By:	/s/ David Morse
		David Morse
		Chief Executive Officer

EX-99.1

Exhibit 99.1

October 19, 2011 03:00 AM Pacific Daylight Time 

PocketFinder GPS Personal Locator Now Available for Retail Purchase in Stores throughout U.S. and Canada

IRVINE, Calif.--(BUSINESS WIRE)--Location Based Technologies® Inc. (OTCBB:LBAS) today announced its PocketFinder® GPS Personal Locator device is now available for purchase exclusively at Apple Retail Stores® (https://www.apple.com/retail/locator) throughout the United States and Canada (NASDAQ:AAPL).

The PocketFinder Personal Locator is a groundbreaking device that will change the way families stay connected and assets are located. The rugged and waterproof PocketFinder Personal Locator fits easily in a pocket, purse or backpack and provides real time information about location of the device, as well as 60+ day location history. PocketFinder Personal is ideal for staying connected with young children, teenage drivers, pets, assets, special needs family members and the elderly.

“Having our PocketFinder GPS Personal Locators sold by one of the world’s great retailers, Apple, is an honor as well as a strong statement about the superior performance and ease of use our customers are looking for in a location device,” stated Dave Morse, CEO of Location Based Technologies.

The PocketFinder Personal Locator has a best-in-class end user interface, which can be accessed via a web browser or any web-enabled phone. The PocketFinder GPS Mapping Application pinpoints the location of all selected PocketFinder GPS Personal Locator within 10 feet. Users can customize the map application by establishing zones that automatically send alerts if a device enters or leaves a zone. Alerts are sent instantly via email, SMS text and push notification.

As part of its support for Apple products, Location Based Technologies has also released free iOS 5-compatible PocketFinder Personal GPS Locator and GPS Vehicle Locator apps for iPhone™, iPad® and iPod® Touch. These apps, which offer most of the functionality of the browser version, can be downloaded from Apple’s App Store at http://itunes.apple.com/us/app/pocketfinder-2/id468281892?mt=8.

MSRP for the PocketFinder GPS Personal Locator is $149 and includes two months of service. Ongoing connectivity charge is $12.95 per month.

About Location Based Technologies

A publicly traded company, Location Based Technologies (OTCBB: LBAS) designs and develops PocketFinder personal locator devices for a highly mobile society. PocketFinder devices provide an easy solution to help people use technology to stay connected to what they value most—loved ones, pets, vehicles and assets—at any time from almost anywhere. PocketFinder products include the GPS Vehicle Locator, Personal GPS Locator and GPS Pet Locator. For more information, visit http://www.pocketfinder.com.

Connect with PocketFinder on Facebook: http://www.facebook.com/PocketFinder or follow on Twitter at https://twitter.com/#!/PocketFinderGPS.

PocketFinder and Location Based Technologies, Inc. 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.