LocatePLUS Issues Performance Update to Shareholders
July 06 2005 - 12:42PM
PR Newswire (US)
LocatePLUS Issues Performance Update to Shareholders BEVERLY,
Mass., July 6 /PRNewswire-FirstCall/ -- LocatePLUS Holdings Corp.
(OTC:LPLHAOTC:LPLHBOTC:LPLHW) (BULLETIN BOARD: LPLHA, LPLHB, LPLHW)
, an industry-leading provider of business-to-business and
business-to-government investigative solutions, today issued a
performance update to its shareholders. Dear Shareholder: As CEO of
your Company, I am pleased to present you with the following
update, containing our latest business developments over the past
month. We continue to execute on our business and growth strategies
to enhance shareholder value. Strategic Partnerships Our wholly
owned subsidiary Certifion is closing in on new strategic alliances
that will expand the market for its services and enhance its
existing products. Recently, its brand Entersect Police Online was
selected as one of several investigative tools used to train law
enforcement officers at the Michigan State University Identity
Theft Crime and Research Lab in East Lansing, Michigan. In
addition, Certifion is pursuing a partnership to expand its
patent-pending CareerScreen(TM) resume validation tool to include a
cutting-edge personality profile. Certifion President Geoff Lee
believes the new module acts as the "Myers-Brigg's personality test
for the 21st century workplace." Through proprietary matching and
relationship analysis, job candidates can identity those
professions that they are best suited for based on their
personality, and pass this information onto potential employers.
With this new edge on the highly competitive job market, Entersect
expects the module to enhance consumer sales of CareerScreen, which
is currently marketed to millions of job seekers through its online
channel partners worldwide. Since LocatePLUS took the lead in a
$50,000 state-funded pilot project with the Commonwealth of
Massachusetts to help track down roughly 4,700 sex offenders using
our investigative database, we are helping other states in the
nation to find sex offenders. Based on the success of preliminary
searches performed on behalf of state departments outside of
Massachusetts, we look to implement a similar program to other
states in the near future. U.S. Government Procurement Certifion
has applied for authorization to sell to U.S. federal government
agencies under the General Services Administration (GSA) schedule.
The GSA schedule, a key federal government procurement vehicle,
would enable Entersect to more efficiently compete for larger
contracts and increase product marketing to a wide variety of U.S.
government agencies, including the Department of Defense.
Technology Enhancements We have recently launched the Common
Residence Finder as a pay-per-click option to our exclusive law
enforcement platform LPPolice.com, in addition to our online access
at LocatePLUS.com. Since launching this searching tool in April,
our customers have reported the Common Residence Finder has been
very helpful in tracking down fugitives, where the suspects often
skip from one residence to the next throughout the country.
Conference Participation LocatePLUS attended the 19th Annual Police
Security Expo 2005 Police Chiefs in Atlantic City, New Jersey on
June 21 and 22nd. The convention allowed us to be among the
nation's largest showcase of goods, products, and services designed
for all law enforcement, security, government, safety and homeland
security professionals. Over 7,500 industry professionals were in
attendance, including key decision makers in federal and state
agencies, police chiefs and many others. I am honored once again to
present at the 15th Annual National Association of Fugitive
Investigators (NAFI) Training Conference on August 21 - 24, 2005 in
Orlando, Florida. NAFI is a national, non-profit organization with
more than 800 members from all 50 states. In addition to NAFI,
LocatePLUS will participate in several upcoming tradeshows to
increase our exposure both domestically and internationally. A
complete list of upcoming conferences can be found at
http://www.locateplus.com/news/events/events.asp. We appreciate
your continued support and interest in our rapidly evolving
business. In our ongoing effort to keep our shareholders informed,
we look forward to communicating regular performance updates to you
in the future. Sincerely, JON LATORELLA CEO LocatePLUS Holdings
Corp. About LocatePLUS LocatePLUS and its subsidiaries are
industry-leading providers of public information and investigative
solutions that are used in homeland security, anti-terrorism and
crime fighting initiatives. The Company's proprietary,
Internet-accessible database is marketed to business-to-business
and business- to-government sectors worldwide. LocatePLUS' online
customer base exceeds 16,500 members, including over 2,000 law
enforcement agencies and many major police departments across the
country. Clients include leading U.S. agencies, including the FBI
(Federal Bureau of Investigation), ATF (Bureau of Alcohol, Tobacco,
Firearms and Explosives) and DEA (Drug Enforcement Administration).
Channel partners include Loislaw, Earthlink, Imaging Automation,
AssureTec, Metro Risk Management LLC, and the nation's leading
recruitment site. For more information, visit the Company's Website
at http://www.locateplus.com/. For investor information, visit
http://www.otcfn.com/lplha. Safe Harbor Statement from LocatePLUS:
Statements in this press release concerning the Company's business
outlook or future economic performance, anticipated profitability,
revenues, expenses or other financial items, and network or service
offering growth, together with other statements that are not
historical facts, are "forward-looking statements" as that term is
defined under the Federal Securities Laws. Any forward-looking
statements are estimates, reflecting the best judgment of the party
making such statements based upon currently available information
and involve a number of risks and uncertainties, including the
timing of any expansion of the Company's database, and other
factors which could cause actual results to differ materially from
those stated in such statements. Risks, uncertainties and factors
which could affect the accuracy of such forward-looking statements
are identified in the public filings made by the Company with the
Securities and Exchange Commission, and forward-looking statements
contained in this press release or in other public statements of
the Company should be considered in light of those factors. For
more information, contact: At LocatePLUS: Investor Relations: James
Fields Rick McCaffrey LocatePLUS Holdings Corp. OTC Financial
Network 978-921-2727 x124 781-444-6100 x625 DATASOURCE: LocatePLUS
Holdings Corp. CONTACT: James Fields of LocatePLUS Holdings Corp.,
+1-978-921-2727 ext 124, ; or Rick McCaffrey of OTC Financial
Network, +1-781-444-6100 ext 625, Web site:
http://www.locateplus.com/
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