DALLAS, Aug. 24, 2004 (PRIMEZONE) -- The following is an investment opinion being issued by StockGuru.com.
LocatePLUS (OTCBB:LPLHA) (OTCBB:LPLHB) (OTCBB:LPLHW) will likely be on the radar of investors and traders today. After the close yesterday, the company issued a press release announcing that the Company has been honored with a Board of Directors Award from the National Association of Fugitive Investigators (NAFI), a national, non-profit organization with more than 800 members representing all 50 states. LocatePLUS will receive the award at the annual NAFI 14th Annual Training Conference, where the Company has also been selected to be a presenter.
The NAFI conference will be held on August 23-25, 2004 in New Orleans, Louisiana. LocatePLUS CEO Jon Latorella stated, "We are extremely honored to receive an award from the highly-respected NAFI organization and to be recognized for our technology contribution in bringing America's fugitives to justice. I am also very excited to present at the annual NAFI training conference, which will allow LocatePLUS to showcase our latest technology solutions to America's most prestigious governmental agencies and law enforcement groups. We look forward to continuing to supply the nation's state and local fugitive investigators with our products."
LocatePLUS opened today up at $0.33.
StockGuru.com has profiled LocatePLUS at: http://profiles.stockguru.com/lplha/
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.
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Disclosure: LPLHA -- LOCATE Plus Holdings Corporation -- Pentony Enterprises has received $42,500 and 30,000 restricted shares with registration rights as compensation since the initiation of coverage in 2003. Profiles still holds 100% of all compensated shares.
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.