DALLAS, Sept. 10, 2014 /PRNewswire/ -- IMPERALIS HOLDING
Corp. (IMHC.PK) announced the purchase of 100% of the common
stock of Locate 1 Plus, Inc. Locate 1 Plus, a privately owned
Nevada Corporation, with offices in Dallas, Texas, is a leading provider of
GPS-based tracking and location services to consumers, commercial
businesses and governmental entities, especially law enforcement
units. The Locate 1 Plus also targets internet consumer sales
and specializes in "Teen Tracking"; a personalized way for parents
to monitor how, when, and where their kids drive.
Locate 1 Plus, Inc. acquired the operating assets of GPS
Tracking Network, Inc. immediately prior to the sale to Imperalis
Holding Corp. The acquisition of the combined businesses is
effective June 1, 2014.
Randy Safford, Locate 1 Plus
president said, "The merger will
provide the new GPS tracking and management information service
company better access to the investor and business communities to
provide the necessary funding to accelerate our rapid growth."
About Imperalis Holding Corp.
Imperalis Holding Corp. is a holding company providing
management consulting services, incorporated under the laws of the
State of Nevada. Its shares are
currently traded on the over the counter market and listed on the
Pink Sheets under the symbol IMHC.
About LOCATE 1 PLUS, Inc.
Locate 1 Plus, Inc. is an internet-based vehicle tracking
service provider to commercial vehicle operators and governmental
agencies, especially law enforcement units, where its competitive
products and services are proven to demonstrate a significant cost
savings to its end users. The Company also targets internet
consumer sales and specializes in "Teen Tracking"; a personalized
way for parents to monitor, how, when and where kids
drive.
For more information please visit www.Locate1Plus.com.
SAFE HARBOR STATEMENT
Safe Harbor Statement under the Private Securities litigation
Reform Act of 1995: The statements, other than the statements of
historical facts, may be deemed to contain forward-looking
statements with respect to events, the occurrence of which involves
risk and uncertainties, including, without limitation, demand and
competition for the company's products and services, the
availability to the company of adequate financing to support its
anticipated activities, the ability of the company to generate cash
flow from operations and the ability of the company to manage its
operations. As statements regarding future events concern
management's estimates of future results of operations, and these
estimates are based on many elements beyond management's control,
differences from management's estimates may occur, and such
difference may be material.
Although Imperalis Holding Corp. believes the assumptions
underlying the forward-looking statements contained herein are
reasonable, any assumption could be inaccurate, and therefore,
there can be no assurance that the forward-looking statements
included in this press release will prove to be accurate. In
light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion should
not be regarded as a representation by Imperalis Holding Corp. or
any other person that the objective and plans of Imperalis Holding
Corp. will be achieved.
Investor Relations Contact:
IR@imperalisholding.com
SOURCE Imperalis Holding Corp.