Location Based Technologies, Inc. announced the signing of an exclusive license agreement with UT-Battelle, LLC to integrate and market UT-Battelle's electric power restoration forecasting system, called VERDE Analytics. Integration of ORNL's VERDE Analytics environmental situation information with LBT GPS location information in near real-time, enables mobile service providers to dramatically improve responsiveness when managing through severe weather conditions and enhance worker safety at the same time using a single source to view the mapped information. LBT GPS tracker devices have been designed to significantly increase situational awareness by providing highly accurate location information for monitoring vehicles, mobile assets, as well as work crew personnel.

The VERDE Analytics system combines more than 50 non-proprietary environmental and weather data feeds providing comprehensive maps along with up-to-the minute projections for restoration of power operations.