SOURCE: Wall Street News Alert

June 17, 2005 08:56 ET

Breaking Market News! June 17, 2005

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- June 17, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: LocatePLUS Holdings Corp (OTC BB: LPLHE), Sirius Satellite Radio (NASDAQ: SIRI), Lucent Technologies (NYSE: LU) and Synagro Technologies, Inc. (NASDAQ: SYGR).

LocatePLUS Holdings Corp (OTC BB: LPLHE) may be appearing on the radar screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, an industry-leading provider of business-to-business and business-to-government investigative solutions, issued a press release announcing that it has filed its Form 10-QSB for the first quarter ended March 31, 2005 at, and that the results were in line with its preliminary numbers announced on June 2, 2005.

This could be good news for investors! According to the press release, the company reported revenues of $2,898,677 for the first quarter of 2005, which represents an increase of 126% compared to revenues of $1,284,976 reported in the first quarter of 2004 and 27% higher than the $2,279,322 reported in the fourth quarter of 2004. The Company achieved positive EBITDA for the first time in its history for the quarter ended March 31, 2005.

Investors should continue to watch LocatePLUS for future developments! LocatePLUS CEO Jon Latorella stated, "This quarter continued our long-standing sequential and year-over-year upward revenue growth trend. For the first quarter, we reported a milestone achievement of turning EBITDA positive for the first time in our history. We expect to continue to drive robust, top-line growth throughout this year, and to achieve profitability in 2005, with accelerating profits thereafter."

Subsequent to filing its Form 10-QSB today, the "E" will be removed from the Company's ticker symbols and should revert back to their previously known symbols (OTC BB: LPLHA, LPLHB, LPLHW) shortly.

Investors watch this company as it continues to grow! 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 For investor information, visit

For updated in-depth coverage and a company profile of LocatePLUS, visit

Prior to the news, the stock closed yesterday at Sixteen cents a share.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Sirius Satellite Radio (NASDAQ: SIRI) up 1.3% on 97.6 million shares traded, Lucent Technologies (NYSE: LU) up 1.7% on 36.8 million shares traded and Synagro Technologies, Inc. (NASDAQ: SYGR) up 1.4% on 8.7 million shares traded.


"News from the Fed regarding the economy: The 12 Federal Reserve Banks released information saying that a recent survey showed business conditions and the economy are expanding at a healthy pace in recent weeks. Housing, real estate, tourism, and hospitality were up, retail sales off slightly, and transportation, especially the airlines were not faring well," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. In 2005, WSCF has been compensated Forty Seven Thousand Dollars for past coverage and Fourteen Thousand Dollars for current coverage of LocatePLUS Holdings Corp (OTC BB: LPLHA), by a third party (National Financial Communications Corp), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. In 2004, WSCF was compensated for previous services performed for LocatePLUS; for information on that compensation contact us at WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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