WESTON, Fla. Dec. 23, 2003 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: LocatePLUS Holdings Corp. (OTCBB:LPLHA), Esperion Therapeutics Inc. (Nasdaq:ESPR), Harken Energy Corporation (AMEX:HEC) and FOCUS Enhancements Inc. (Nasdaq:FCSE).
Aggressive investors should keep their eyes on LocatePLUS Holdings Corp. (OTCBB:LPLHA)! Yesterday after the markets closed, the company issued a press release announcing that its subsidiary, Worldwide Information, Inc., has increased its customer base to serve multiple offices of the U.S. Postal Inspection Service nationwide! In business 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.
This could be more great news for investors! U.S. Postal Inspector Dale Callan of the Manchester, New Hampshire U.S. Postal Inspection Service stated, "Our office has utilized Worldwide Information products for four years. We are extremely pleased with their product line, which has helped us correctly identify individuals associated with credit card fraud, mail theft and financial exploitation crimes, and foresee a potential for its usage in future terrorism investigations. Worldwide's CD-ROMs have also proven to be an invaluable law enforcement tool. We turn to Worldwide's CD-ROMs when we must identify an individual based upon limited information, such as a partial plate number. Their CD-ROMs allow us to instantly tap into a state-to-state network of registry of motor vehicle records in New England that bring up relevant data, i.e. date of birth and social security number, within minutes on suspicious individuals with a high degree of accuracy and ease-of-use."
Sonia Bejjani, President of Worldwide Information, Inc., stated, "Our statewide motor vehicles records CD-ROM product continues to gain market traction nationally. The U.S. Postal Inspection Service customer segment represents a substantial revenue generating opportunity for us. Since most of these offices have requested records on multiple states, we are pursuing the acquisition of new state motor vehicle data sets that would strengthen our database infrastructure, better serve our client base and provide for additional U.S. market penetration."
If you are unfamiliar with the company, 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 exceeds 13,500 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 and Earthlink.
The company is one of the fastest growing business-to-business and business-to-government providers of public information, and estimates that it 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. Keep your eye on this one! The stock closed yesterday at twenty-seven cents a share.
Stocks showing interesting activity yesterday were: Esperion Therapeutics Inc. (Nasdaq:ESPR) up 52.1% on 12.7 million shares traded, Harken Energy Corporation (AMEX:HEC) up 21.5% on 28 million shares traded and FOCUS Enhancements Inc. (Nasdaq:FCSE) up 22.4% on 1 million shares traded.
Commentary:
"The economy has final figures out for the Third-quarter this Tuesday as GDP is given final figures. November's earlier estimate by economists put the number at a sizzling 8.2%, with an annual growth rate around 4-4.5%," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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Market commentary provided by Sonja Rudd.
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