Location Based Technologies, Inc. announced that it has received payment for a second order of PocketFinder devices from Parsis Cia Ltda. A third order from Parsis is currently in process and LBT anticipates receiving a fourth order within the next 90 days. Parsis has indicated they intend to purchase a total of 800 units before June, 2013 and they believe the market opportunity in Ecuador for PocketFinder and LBT products will continue to grow significantly.