The Salem News Reports 'LocatePLUS Share Price Could Spike'
21 Outubro 2005 - 10:00AM
PR Newswire (US)
BEVERLY, Mass., Oct. 21 /PRNewswire-FirstCall/ -- LocatePLUS
Holdings Corporation (OTC:LPLHAOTC:LPLHBOTC:LPLHW) (BULLETIN BOARD:
LPLHA, LPLHB, LPLHW) , an industry-leading provider of
business-to-business and business-to-government investigative
solutions, announced today that the Company was featured in the
business section of the October 17, 2005 issue of The Salem News in
an article entitled, "LocatePLUS share price could spike." An
excerpt from the article stated, "The share price for Beverly-based
LocatePLUS Holdings Corp. is expected to soar early next month if
shareholders agree to a 50-for-1 reverse split of the company's
stock. The reverse split will result in the price of LocatePLUS
stock to increase from its current 12 cents per share to around $6
each." 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 numbers approximately 20,000 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 Corporation CONTACT: James Fields of LocatePLUS Holdings
Corp., +1978-921-2727 ext. 124, ; or Rick McCaffrey of OTC
Financial Network, +1-781-444-6100 ext. 625, Web site:
http://www.locateplus.com/
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