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LocatePLUS™
Holdings Corp. (OTCBB: LPLHA) |
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Dear Readers,
It seems that LocatePLUS
is truly on a roll with contract after contract over the past couple
of months. Now its management team has received two
prestigious awards for their product innovation and effectiveness
in assisting to solve crimes and speed up pending investigations.
We're proud to once again
bring LocatePLUS and today's Breaking
News right to your desktop!
Our initial Feb. 26th profile
is available by (clicking
here).
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**BREAKING
NEWS** From LocatePLUS |
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Press Release
Source: LocatePLUS
Holdings Corp.
Monday March 29,
7:03 am ET
LocatePLUS and
Worldwide Information Receive
Accolades for
Putting Law Enforcement at the
Forefont of
the Technology Age
-- Saugus Police Uses Technologies
to Solve 50% More Cases --
BEVERLY, Mass.,
March 29 /PRNewswire-FirstCall/ -- LocatePLUS Holdings Corp. (OTC
Bulletin Board: LPLHA - News, LPLHB - News, LPLHW - News),
an industry-leading provider of business-to-business and business-to-government
investigative solutions, announced today that Jon Latorella, CEO
of LocatePLUS Holdings Corp., and Sonia Bejjani, president of Worldwide
Information, Inc., a wholly-owned subsidiary of LocatePLUS, received
awards for "Citizen and Public Safety" and "Training Officers --
Putting Law Enforcement at the Forefront of the Computer/Electronic
Age," respectively, by the Saugus Massachusetts Police Department
on Friday, March 26, 2004.
Speaking on behalf
of the Chief of Police for the Saugus Police Department, Lieutenant
Michael Annese, stated, "We feel very fortunate to have been introduced
to LocatePLUS and Worldwide Information and to have access to their
technology systems. By utilizing their state-of-the-art databases
on individuals, we were able to close more than 50% of our cases
as a result of their product lines. Through the use of their technologies,
we have also been able to speed up pending investigations. For example,
we had a recent case of a
double murder/suicide
in which we had trouble locating one of the victim's family members
in order to notify him of the tragedy. By using LocatePLUS, we were
able to conduct a search on the limited information we had, which
allowed us to immediately locate the appropriate family member.
What could have taken days, took only minutes using LocatePLUS'
identity validation solutions."
Lt. Annese concluded,
"Over the past several months, our department has also benefited
tremendously from computer crime investigation training conducted
by Mr. Latorella and Ms. Bejjani. Both parties were extremely helpful
in guiding and training usin using their systems to help uncover
individuals associated with Internet crimes. Internet crimes are
a worldwide problem and individuals associated with these crimes
can be particularly pervasive and difficult to locate. With decreased
manpower on our police force due to budget constraints, LocatePLUS'
technology and the accessibility ofMr. Latorella and Ms. Bejjani
both helped our detectives toward making an arrest of a perpetrator
of sexual crimes against children over the Internet."
LocatePLUS CEO Jon
Latorella, stated, "We are honored to be recognized by the Saugus
Police, one of Massachusetts' finest police departments, for our
technology and support. We continue to assist police departments
across the nation in solving crimes. Our technologies can positively
impact investigations on a global scale, as exemplified in the aforementioned
case involving child exploitation on the Internet. Our technologies
can equip federal and local law enforcement with the tools to continue
to
combat universal
crimes."
About Worldwide
Information, Inc.
Worldwide Information,
Inc., a wholly-owned subsidiary of LocatePLUS Holdings Corp., is
a leader in providing advanced searching technology to the law enforcement
community for more than a decade. Worldwide Information offers a
full line of CD-ROM products using statewide motor vehicle records
to provide identity validation services to law enforcement. Founded
in 1989, the company has expanded from private investigation and
customized search services to providing specialized software and
packaged databases that deliver complete investigative solutions
to its customers. For more information, visit: http://www.worldwideinformation.com.
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. LocatePLUS' records are 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.
LocatePLUS Contact:
Investor Relations Contact:
James Fields
Gary Geraci
LocatePLUS Holdings
Corp.
OTC Financial Network
Tel: 978-921-2727
(x124)
Tel: 781/444-6100 (x629)
jfields@locateplus.com
garyg@otcfn.com
Source: LocatePLUS
Holdings Corp.
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About
LocatePLUS™ |
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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.
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Financial
Highlights |
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Business: High Tech - Homeland Security
Recent Price: $0.455 (A Shares) 3/26/04
$0.31 (B Shares) 3/26/04
52-Week Range:$0.12 - 0.76 (A shares)
$0.10 - 0.43 (B shares)
Ave. Daily Volume: 933,909 (A Shares)
Common Shares Out: 149 million
Market Cap: $67.85 million
Est. Float: 110 million |
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For Current News and Stock Price Information Click
Here
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INVESTOR RELATIONS CONTACT |
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OTC Financial Network
Gary Geraci
300 Chestnut Street, Ste. 200
Needham, MA 02492
781/444-6100 ext. 629
781/444-6101 (fax)
garyg@otcfn.com
***
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YOUR
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