Big Brother Growth Industry?: LocatePLUS Partners with Exclusive Distributor of Emerging Biometrics Technology

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LocatePLUS Partners with Exclusive Distributor of

Emerging Biometrics Technology

 

-- Enters into Channel Partnership with Metro Risk

Management Group, LLC --

 

BEVERLY, Mass., July 29 /PRNewswire-FirstCall/ --

LocatePLUS Holdings

Corp. (OTC Bulletin Board: LPLHA, LPLHB, LPLHW), an

industry-leading provider

of business-to-business and business-to-government

investigative solutions,

announced today that it has signed a channel

partnership agreement with Metro

Risk Management Group LLC, a privately-held

international risk management

agency and developer of information verification

systems. Metro Risk is also

an exclusive distributor of the VeriChip, the

world's first subdermal,

radio frequency identification (RFID) microchip that

can be used in a variety

of security, financial, emergency identification and

other applications.

Under the first phase of the partnership, Metro

Risk will offer its client

base of private investigators, attorneys and law

enforcement groups unlimited

searches on identity validation using LocatePLUS'

database. In the second

phase of the partnership, LocatePLUS' database will be

used to verify

individuals applying for VeriChip when introduced in

the U.S. MetroRisk

currently distributes VeriChip for financial and

security solutions in Latin

America and Europe. The use of VeriChip by financial

institutions can reduce

credit card fraud and identity theft caused by lost or

stolen debit/credit

cards and account sharing.

Metro Risk Management Group Vice President of

Marketing Silvia Guerrero

stated, " This partnership will permit Metro Risk to

offer a more complete and

versatile service to our clients as well as assist in

the verification process

of VeriChip users for our state-of-the-art biometric

security and financial

solutions. We look forward to a mutually-beneficial

and long-term

relationship with LocatePLUS. "

LocatePLUS CEO Jon Latorella stated, " As a global,

e-intelligence solution

provider, Metro Risk complements LocatePLUS' growth

strategy to supply the

nation with the latest counter-terrorism and identity

theft solutions.

Through this partnership, we can immediately expand

our customer base and

increase revenues. We are also very excited to be

chosen to supply identity

validation solutions for MetroRisk's planned U.S.

market penetration of

VeriChip. This represents a significant new milestone

for us in servicing the

biometrics sector. "

 

About Metro Risk Management Group, LLC

Metro Risk Management Group is an international

risk management agency and

developer of information verification systems,

http://www.metroprobe.com,

headquartered in Miami, Florida with twelve offices

worldwide. The firm was

founded in 1998 to serve the needs of multinational

corporations, financial

institutions and government agencies in security and

investigative matters.

For more information, visit

http://www.metroriskmg.com.

 

About LocatePLUS

LocatePLUS is an industry-leading provider 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' customer base exceeds

15,000 members,

including over 2,000 law enforcement agencies, 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), ATF (Bureau of

Alcohol, Tobacco, Firearms and Explosives) and DEA

(Drug Enforcement

Administration). Channel partners include Loislaw,

Earthlink, Imaging

Automation, AssureTec and the nation's leading

recruitment website.

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. 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 Gary Geraci, OTC

Financial Network

978-921-2727 (x124) 781-444-6100 (x629)

jfields garyg

 

At Metro Risk Management Group, LLC:

Silvia Guerrero

305-864-1722

s.guerrero