LocatePLUS™ Holdings Corp. (OTCBB: LPLHA)

Hot off the presses!!!!

Just a few moments ago LocatePLUS Holdings Corp. (OTCBB: LPLHA) released news. The company's CEO, Jon Latorella, was quoted in a recent articled in the respected international journal "The Financial Times" about resume fraud and ways employers can protect their companies against potentially costly deception by prospective employees.

LocatePLUS's inclusion in the periodicial brings to light yet another way the company's services are utilized. Currently, the FBI (Federal Bureau of Investigation), ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives) and DEA (Drug Enforcement Administration) have used LocatePlus as another weapon in their law enforcement arsenal.

Below you will find today's breaking news on LPLHA (below) and as always, we welcome you to review our Profile on LocatePLUS - Click Here.

To read our Feb. 26, 2004 profile on LocatePLUS Click Here
For current stock quote and news information on LocatePLUS Click Here
 

**BREAKING NEWS** From LocatePLUS

Press Release Source: LocatePLUS Holdings Corp.
Monday March 15, 7:03 am ET 

BEVERLY, Mass., March 15 /PRNewswire-FirstCall/ -- LocatePLUS Holdings Corp. (OTC Bulletin Board: LPLHA) an industry-leading provider of business-to-business and business-to-government investigative solutions, announced today that the Company's CEO Jon Latorella was quoted in a March 12, 2004 Financial Times article titled, "Dirty laundry business keeps companies clean -- Internet technology can put job seekers' verified personal histories at the disposal of likely employees," by Nancy Dunne. To read the article in its entirety, interested parties should visit: http://www.otcfn.com/lplha.
 
The following is an excerpt from the article: "We have records on everyone in the country, everywhere they've ever lived, everyone they've ever lived with, every motor vehicle they've ever registered and where those people are today," says John Latorella, chief executive of LocatePlus, a Reading (Beverly), Massachusetts company whose subsidiary Entersect provides resume verification services for CareerBuilder.com. The database, gleaned from phone, business, school and court records, scrutinizes everything from prison records and lists of sex offenders to liens and judgments.

Mr. Latorella is a former patrolman who had ambitions to join the FBI. But he stumbled into business in 1993 when he devised a procedure for compiling motor vehicle records on CD-ROMS. That started him building what he says is the largest most integrated database in the world. "There is a lot of litigation in the workplace," he says. "We help companies know who their employees are."

The article later stated, "Much of Mr. Latorella's work is with law enforcement, checking out suspected criminals and terrorists, and he has Justice Department approval to act as a contractor. Security is tighter at LocatePlus than at any government agency, he says. Employees wear badges that track their movement through the building. "We started this company to help people," he contends. "We are part of the law enforcement culture."

About LocatePLUS

LocatePLUS is an industry-leading provider of public information and investigative solutions that are currently being 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' customer base approaches 15,000 members, including over 2,000 law enforcement agencies, as well as many major police departments across the country. Clients include many of the nation's leading agencies, such as the FBI (Federal Bureau of Investigation), ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives) and DEA (Drug Enforcement Administration). Channel partners include Loislaw, Earthlink and Imaging Automation.

Based on the 2000 United States Census figures and Company estimates, LocatePLUS has information on nearly 98% of the adult population and data entries relating to approximately 205 million individuals in the United States -- maintained in one of the largest and most comprehensive XML data sources of its kind, capable of national delivery. 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. 

About LocatePLUS™

LocatePLUS™ Holdings (OTCBB: LPLHA, LPLHB and LPLHW) is the industry leader in providing online investigative solutions to law enforcement, legal and insurance professionals, licensed investigators, and other related businesses. It is one of the fastest growing providers of public information in the world.  The company also sells a CD-ROM-based product, through its subsidiary Worldwide Information, that enables users to search certain motor vehicle records and drivers' license information in multiple states through a dynamic search engine, using complete or partial information. The company also maintains a database that is accessible through the Internet, known as LocatePLUS.com. 

The LocatePLUS.com product contains searchable and cross-referenced public information on approximately 98% of the adult population in the United States, including individuals' names, addresses, dates of birth, Social Security numbers, prior residences, and, in certain circumstances, real estate holdings, recorded bankruptcies, liens, judgments, drivers' license information and motor vehicle records. All of this data is maintained in one of the largest and most comprehensive XML data sources of its kind, capable of national delivery. 

LocatePLUS' customer base approaches 15,000 members, including over 2,000 law enforcement agencies, as well as many major police departments across the country. Clients include many of the nation's leading agencies, such as the Department of Homeland Security (U.S. Immigration and Customs Enforcement), FBI (Federal Bureau of Investigation), ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives) and DEA (Drug Enforcement Administration). With billions of online public records available to the investigative community, LocatePLUS.com is emerging as a substantial national database service that is used to prevent terrorism and fight crime.
 

Financial Highlights

 

Business: High Technology - Homeland Security  Recent Price:  $0.57(A Shares) - $0.40(B Shares) 3/1/04 52-Week Range:$0.12 - 0.76 (A shares)                              $0.10 - 0.43 (B shares) Average Daily Volume: 916,000 (A Shares)  Common Shares Outstanding: Total 149 million Market Cap: 68.11 million  Est. Float: 110 million

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