BEVERLY, Mass., SANTA ANA, Calif., AUSTIN, Texas and TAMPA, Fla., July 15 /PRNewswire-FirstCall/ -- LocatePLUS Holdings Corporation (Pink Sheets: LPHC), a business-to-business, business-to-government and business-to-consumer provider of public information via its proprietary data integration solutions announced today the appointment of Ronald Lifton as its new President and Chief Executive Officer.
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Ronald Lifton has had a successful career as a key executive and spokesperson who has started and revitalized business ventures (through IPO strategies, mergers, joint ventures and partnerships) to lead start-up, growth, and expansion of domestic and global operations, (U.S., Canada, Mexico, India, Venezuela, Bahamas, Caribbean, Philippines, China, England, Germany) in various industries including telecommunications, mobile, e-commerce, new media, content, WiFi, VoIP, financial services, software, corporate consulting, real estate and HR industries in both the private and public sectors.
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He successfully led multi-million dollar organizations through restructuring to accelerated growth through developing and implementing global outsourcing, IT systems, automation, CRM, company and vendor guidelines, finance / accounting / billing systems, hiring and training programs, directed site development, SOX compliance, mergers and acquisitions
Ronald Lifton has had intensive experience in the analysis, development and negotiation of business ventures. Mr. Lifton was the Chief Executive Officer of TRI Holdings, Inc. a company with investments in a multitude of business segments globally. As President of Lex-Net One Communications, Inc, and Lex-Net One Communications Inc., Cornerpost Division, he built a backroom support system to interface with billing, customer service and accounting systems. Mr. Lifton was one of the key developers of the Cornerpost product, an e-Commerce solution for small and medium sized businesses. As the President and CEO of International Monetary Exchange System, he was a leading provider of new universal "Stored Value" and "Pre-Paid" payment solutions. He was a founder and Executive Vice President/Chief Operating Officer of Wireless Network Services, Inc. (American Roaming Network), a wholly-owned subsidiary of TRI Holdings, Inc., providing denied cellular roaming calls to the cellular industry and the founder and Executive Vice President/Chief Operating Officer of National Communications Network, Inc. a provider of automated and operator assisted telephone calls to the hospitality industry with services throughout the U.S., Mexico, Canada, the Caribbean and the Bahamas.
"I look forward to following the mandate issued by the Board of Directors in creating a restructuring plan that will bring operations in line with current revenue, enhance existing systems and building new systems for the delivery of a series of cutting-edge information and data products like those for which LocatePLUS Holdings Corp. was well known in the past," stated Mr. Lifton
"The restructuring plan will have LocatePlus working with its current vendors and debt holders to bring them current and re-ordering contract and payment terms that are acceptable to all parties using best business practices. By working through these issues we will look forward to bringing the company to profitability and enhancing the company and shareholder value."
"We have assembled a new management team. I look forward to working with talented experts in their field of expertise as we work through our restructuring plan. These include Brian McHugh our new Chief Financial Officer, Kenneth Kaiser our new Executive Vice President and Chief Risk Officer, Karen Slaughter our new Director of Operations and Larry Simkin our new Director of Information Technology."
About LocatePLUS
LocatePLUS Holdings Corporation, through itself and its wholly-owned subsidiaries LocatePLUS Corporation, Beverly, MA; Worldwide Information, Inc., Beverly, MA; Entersect Corporation, Santa Ana, CA; Dataphant, Inc., Austin, TX; Metrigenics, Inc., Beverly, MA; and Employment Screening Profiles, Inc. (d/b/a TruBackgrounds), Tampa, FL; (collectively, the "LocatePLUS Group"), are business-to-business, business-to-government and business-to-consumer providers of public information via our proprietary data integration solutions. We sell a CD-ROM-based product, Worldwide Information(TM), which enables users to search certain motor vehicle records and driver's license information in multiple states. Our LocatePLUS product, which is accessible through the Internet, contains searchable and cross-referenced public information on individuals throughout the United States, including individuals' names, addresses, dates of birth, Social Security numbers, prior residences, and, in certain circumstances, real estate holdings, recorded bankruptcies, liens, judgments, drivers' license information and motor vehicle records. Entersect Corporation provides self-screening for both resume and online dating services. Entersect also provides services to law enforcement through an online database called Entersect Police Online. Dataphant provides information on virtually every land-based phone number in the United States and approximately 45% of the cell phone numbers in the United States. Metrigenics, Inc., was formed to develop new ways to integrate biometrics with data. Employment Screening Profiles, Inc. (d/b/a TruBackgrounds), is engaged in the business of developing and delivering integrated, customized web-enabled solutions designed to aid in background verification, applicant management and human resource collaboration processes.
For more information, visit the Company's Website at http://www.locateplus.com.
LocatePLUS Contact: Thomas Murphy Tel: 866/596-7905
SOURCE LocatePLUS Holdings Corporation
