Wed, 12 Jul 2006 6:00:00 PDT
HOUSTON, TX -- (MARKET WIRE) -- 07/12/2006 -- Labwire, Inc. (
"We are delighted to report record second quarter revenue for Labwire," commented Mr. Dexter Morris, Chief Executive Officer of Labwire, Inc. "Labwire is firing on all cylinders as evidenced by our increase in same month revenue for each of the first six months of 2006 compared to each of the first six months of 2005. In looking to the future, we have some incredible opportunities in the pipeline for the remainder of this year and heading into next."
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: S.D. Torrey Hills Capital, Inc. James Macdonald Investor Relations (858) 456-7300
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