LocatePLUS Expands Product Offering with Integration of Extensive Registry of Deeds.Business Editors/High-Tech Writers BEVERLY, Mass.--(BUSINESS WIRE)--Dec. 9, 2003 LocatePLUS Holdings Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: LPLHA, LPLHB), one of the fastest growing business-to-business and business-to-government providers of public information, announced today that it has expanded its product offering to include an extensive database of deeds records. The Company has obtained registry of deeds registry of deeds n. the records of land title documents kept by the County Recorder or Recorder of Deeds. These are usually kept on microfilm reels of copies of the original documents, which can be found by tracing the names of owners in the Grantor-Grantee index. from 36 states plus DC, which have been fully integrated into the Company's signature products, LocatePLUS.com and its wireless companion product AnyWhere(TM). LocatePLUS CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jon Latorella stated, "LocatePLUS.com's powerful infrastructure allows us to integrate additional, robust databases in rapid succession in order to meet emerging and explosive market demand. The expansion of our product line into deeds records prepares us to serve a new, high-growth customer segment, including law enforcement and insurance agencies seeking real estate and insurance fraud detection and protection, in tandem with identity validation solutions. In addition to continued internal growth, the deeds product enhancement enables us to better serve our existing channel partners and provides us the opportunity to capture additional third-party reselling arrangements." 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 exceeds 13,500 members, including over 2,000 law enforcement agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). , 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 Federal Bureau of Investigation (FBI), division of the U.S. Dept. of Justice charged with investigating all violations of federal laws except those assigned to some other federal agency. ), ATF ATF Molecular virology Activating transcription factor A cellular protein that stimulates transcription of adenovirus E4 transcription unit, which acts early in infection at any of several 'enhancer' binding sites (Bureau of Alcohol, Tobacco, Firearms and Explosives The Bureau of Alcohol, Tobacco, Firearms and Explosives (abbreviated ATF, sometimes BATF or BATFE) is a United States federal agency; more specifically a specialized law enforcement and regulatory organization within the United States Department of Justice. ) and DEA DEA - Data Encryption Algorithm (Drug Enforcement Administration The Drug Enforcement Administration (DEA) was established in 1973 by President richard m. nixon as part of the Justice Department, thus uniting a number of federal drug agencies that had often worked at cross-purposes. ). Channel partners include Loislaw and Earthlink. Based on the 2000 United States Census The United States Census is a decennial census mandated by the United States Constitution.[1] The population is enumerated every 10 years and the results are used to allocate Congressional seats ("congressional apportionment"), electoral votes, and government program figures and Company estimates, LocatePLUS 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. 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. |
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