This paper presents implementation of localization system using UWB (Ultra-Wide Band) sensors and its experimental results along with development of context-aware services. In order for precise measurement of position, we experimented various conditions of pitch angles, yaw angles, number of sensors, height of tags along with measuring errors at each installation. As an application examples of the location tracking system, we developed an intelligent health training management system based on context-aware technology. The system provides appropriate training schedule to a trainee by recognizing position of the trainee and current status of gymnastic equipments and note the usage of the equipment through a personal digital assistant (PDA). Error compensation on position data and moving direction of the trainee was necessary for context-aware service. Hence, we proposed an error compensation algorithm using velocity of the trainee. Experimental results showed that proposed algorithm had made error data reduce by 30% comparing with the data without applying the algorithm.