SOURCE: Labwire, Inc.

August 29, 2006 09:00 ET

Labwire Expands Background Screening Solutions

HOUSTON, TX -- (MARKET WIRE) -- August 29, 2006 -- Labwire, Inc. (PINKSHEETS: LBWR), a leading provider of employee screening solutions and canine security and surveillance services, is pleased to announce the expansion of comprehensive employment screening services as a result of an agreement with a leading provider of background screening solutions.

"We are pleased to grow background screening as part of our service offerings and expect continued expansion of our services in the future," commented Mr. Dexter Morris, Chief Executive Officer of Labwire, Inc. "Our ability to offer background screening solutions via our Labwire® platform is illustrative of the flexibility and capability of our company and our technology to provide a single point of contact for multiple employee screening solutions."

For more complete details about Labwire's agreement with a leading provider of background screening solutions, please visit http://www.labwire.com/news.asp.

About Labwire, Inc.

Labwire, Inc. is headquartered in Houston, Texas and provides secure and compliant employee drug screening and background checking services to Fortune 500 corporations via the Labwire™ Platform. Labwire™ is a proprietary, Web-based application that streamlines the complex regulatory and record management activities associated with employee screening, delivering accurate timely results while eliminating service calls and paper trails. This comprehensive solution to managing employee screening services is the most efficient and cost-effective platform in the industry. For additional information about Labwire, Inc., please visit www.labwire.com.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

Contact Information

  • Contact:
    S.D. Torrey Hills Capital, Inc.
    James Macdonald
    Investor Relations
    (858) 456-7300