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Employment Seeker Self Verification Exceeds 40,000 Subscribers
Monday, October 13, 2008
Contributing to over $500 thousand in revenue
BEVERLY, Mass., Oct. 13 /PRNewswire-FirstCall/ -- LocatePLUS Holdings
Corp. (Pink Sheets: LPHC), a business-to-business and business-to-government
providers of public information, announced today that its Employment Seeker
Self Verification subscriber base has exceeded 40,000 members. Self
Verification allows potential employees to certify their credentials through
online resume posting sites prior to the interview process. The self
verification allows potential employees superior positioning in the job search
process. Once a subscriber initiates a paid subscription, they continue to
remain a customer indefinitely with access to basic job seeker resources.
This "Customer for Life" relationship lends itself to follow on purchases of
the product.
With the recent dramatic changes in the country's economic condition there
has been a substantial rise in unemployment. With more competition for jobs,
job seekers are looking to gain advantages in competing for the reduced number
of jobs available.
LocatePLUS CEO James Fields stated, "I am pleased with the recent success
of our self verification product. It demonstrates how the Company has
positioned itself to continue to be successful during uncertain financial
times." Mr. Fields continued, "I believe that with the current economic
outlook, our sales of self verification will only increase into the
foreseeable future."
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 includes
law enforcement agencies, as well as many major police departments across the
country. Clients include many of the nation's leading agencies.
Based on the 2000 United States Census 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.
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.
LocatePLUS Contact:
James Fields
LocatePLUS Holdings Corp.
Tel: 978-921-2727
jfields@locateplus.com
SOURCE LocatePLUS Holdings Corp.
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