SOURCE: Wall Street News Alert

May 19, 2005 09:03 ET

Stocks on the Move! May 19, 2005

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

WESTON, FL -- (MARKET WIRE) -- May 19, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: LocatePLUS Holdings Corp. (OTC BB: LPLHE), Tyco International Ltd. (NYSE: TYC), Corning Incorporated (NYSE: GLW) and Google Inc. (NASDAQ: GOOG).

Once again, aggressive investors and traders may like the news coming from LocatePLUS Holdings Corp. (OTC BB: LPLHE). The company, an industry-leading provider of business-to-business and business-to-government investigative solutions, has issued a press release announcing record audited revenues of $6.3 million in 2004.

In line with previously announced guidance, LocatePLUS reported record total revenues of $6,262,582, an increase of 84% as compared to total revenues of $3,398,777 for the year ended December 31, 2003.

The Company reported a net loss of $(0.04) per share for the year ended December 31, 2004 as compared to a net loss of $(0.03) per share for the year ended December 31, 2003.

Investors should continue to watch LocatePLUS for future developments! LocatePLUS CEO Jon Latorella stated, "We are pleased with our record-breaking results for 2004. Our current customers are using our data systems at continued, high-growth rates, and in 2004, we nearly tripled our revenues from channel partnerships as compared to last year. The achievement of continued, strong top-line growth and operational EBITDA breakeven in the fourth quarter will set the foundation for substantial profitability in 2005."

Management will hold an open investor conference call at 4:15 p.m. Eastern Time on Wednesday, May 25, 2005, to discuss its year-end financial results, provide guidance on first quarter ended March 31, 2005, results, as well as discuss those catalysts that are driving the future growth of the company.

LocatePLUS Holdings regularly trades under the symbol LPLHA, but is currently trading under the symbol LPLHE as a result of the company's late filing due to retaining its auditors Livingston & Haynes P.C., CPA, late in the audit process in February 2005, which did not provide adequate time to review and complete all routine procedures. The company has been advised that due to these delays, it will be late in filing its Form 10Q-SB for the quarter ended March 31, 2005, and is filing an extension with the SEC.

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 exceeds 16,500 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 Web site at

For more in-depth coverage of LocatePLUS, visit

The stock closed yesterday at around Seventeen cents a share.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Tyco International Ltd. (NYSE: TYC) up 1.9% on 16 million shares traded, Corning Incorporated (NYSE: GLW) down 1.1% on 17.2 million shares traded and Google Inc. (NASDAQ: GOOG) up 2.5% on 12.3 million shares traded.


"Housing prices, which account for 41% of the CPI, rose 0.3% in April after rising 0.5% in March, while homeownership costs rose 0.1% in April and rentals rose 0.3%. However, many analysts think that the CPI underestimates the cost of owning a home or rentals. Medical costs increased 0.2% for April, the smallest in two years. Apparel costs were down 0.5% for April after having a 0.8% increase in March. Fuel costs were up 1.8%," 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 Twenty-Five Thousand Dollars for past coverage and Twenty Two 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 client's 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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