Locateplus Hldg WT A (MM) (NASDAQ:LPLHW)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more Locateplus Hldg WT A (MM) Charts. Click Here for more Locateplus Hldg WT A (MM) Charts.](/p.php?pid=staticchart&s=N%5ELPLHW&p=8&t=15)
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/