BEVERLY, Mass., Sept. 8 /PRNewswire-FirstCall/ -- LocatePLUS Holdings Corp. (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 during an investor conference call held yesterday, management reiterated the Company is on track to generate $12 million in revenues for the year ending December 31, 2005. A replay of the call will be available on September 14, 2005 at http://www.otcfn.com/lplha. LocatePLUS CEO Jon Latorella and CFO James Fields pointed to several catalysts, which are positioning the Company to achieve double-digit revenue and strong margin improvements. Latorella commented, "New product roll-outs from our subsidiaries and a strong channel partnership base continue to fuel record-breaking revenue growth and improving margins this year. We have posted two consecutive quarters of being EBITDA positive and we expect this trend to continue based on declining costs and double-digit, year-over-year revenue growth through the second half of 2005. We are also excited to have secured more favorable financing totaling $8 million, which will support accelerated growth moving forward. Along with our plans to streamline our capitalization structure, we are preparing to expand our institutional market presence and better reflect our value through a move to a national stock exchange." 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 CONTACT: At LocatePLUS: James Fields of LocatePLUS Holdings Corp., +1- 978-921-2727 ext 124, ; or Investor Relations: Rick McCaffrey of OTC Financial Network, +1-781-444-6100 ext 625, Web site: http://www.locateplus.com/

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