Location Based Technologies, Inc. announced that Dave Meyers has resigned from the Board of Directors. Mr. Meyers served on the company's Board since October 2011 and was a member of the Compensation and Governance and Nominating Committees and was chair of the Audit Committee. Mr. Meyers has taken a position as Del Monte Foods, Inc's chief financial officer, which will prohibit him from continuing to serve in his capacity as the company's Board Member.