DALLAS, Jan. 10, 2005 (PRIMEZONE) -- StockGuru.com has issued an updated Profile Report on LocatePLUS Holdings Corporation (OTCBB:LPLHA) (OTCBB:LPLHB) (OTCBB:LPLHW). In the report, authored by Shailesh Dhuri, CFA, StockGuru.com Contributor and Analyst, recent developments with the company are discussed in detail along with the outlook for 2005 as reported by the company. Also discussed is the company's new pricing plan. With this plan, the company anticipates generating an additional $1 million in annual revenues. Another area of interest involves Worldwide Information, the LocatePLUS subsidiary which is the first-to-market an intranet with unlimited on-demand identity searches.
To view the Profile Report in its entirety, please visit:
http://stockguru.com/e/LocatePLUS-1-10-05.htm
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, 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.