DALLAS, Dec. 13, 2004 (PRIMEZONE) -- TalkingStocks.com and StockGuru.com have initiated Profile Coverage on LocatePLUS Holdings Corporation (OTCBB:LPLHA) (OTCBB:LPLHB) (OTCBB:LPLHW), an industry-leading provider of business-to-business and business-to-government investigative solutions. The Profile Report is authored by John Pentony, Publisher of TalkingStocks.com and StockGuru.com.
John Pentony discussed LocatePLUS, "We are pleased to again cover LocatePLUS. The company's recently announced expectation of year-end profitability makes coverage at this time of particular interest to our membership."
Jon Latorella, President and CEO of LocatePLUS, last month commented on year-end performance and the outlook for 2005: "Our double-digit, top-line growth continues to propel us to profitability at year-end 2004 with expected sharp increases in earnings in 2005." Mr. Latorella's comments were included in a press release issued by the company on November 14, 2004.
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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' customer base exceeds 16,500 members, including over 2,000 law enforcement agencies, as well as many major police departments across the country. Clients include the FBI (Federal Bureau of Investigation), ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives) and the DEA (Drug Enforcement Administration). Channel partners include Loislaw, Earthlink, Imaging Automation, AssureTec, Metro Risk Management Group, LLC, Info-Cop, Data Evolution Holdings, Inc., Great Expectations and the nation's leading recruitment website. For more information on the Company, visit http://www.locateplus.com. Investors should visit http://www.otcfn.com/lplha.
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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.
Disclosure: As of the date of this release, TalkingStocks.com, LLC, and its affiliate Pentony Enterprises, LLC (StockGuru.com), have been compensated a cumulative total of $67,500 and 30,000 shares since our company first contracted with LocatePLUS for coverage in November, 2003. Share were compensated in 2003 are no longer held. Neither TalkingStocks.com, LLC, nor Pentony Enterprises, LLC, are registered investment advisers or broker/dealers. TalkingStocks.com, LLC and Pentony Enterprises, LLC makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable.