Labwire Announces International Business Services Alliance
15 Juillet 2008 - 3:00PM
Marketwired
HOUSTON, TX , a leading provider of employee screening solutions
and canine security and surveillance services, announced today that
it has entered into an alliance agreement with Global Medical
Testing (Houston, Texas) to develop a client base, initially in the
energy industries, that utilizes the cross selling of both
companies services to promote worldwide service delivery while
developing an increased revenue base that is profitable to both
parties.
LBWR will provide the web-based platform, software, system
security, and personnel to support the management and operation of
collection of data and manipulation of records to deliver fully
compliant services to the client.
GMT will manage the specimen collection process,
education/certification of personnel, staffing of personnel (where
appropriate), and training as required to deliver compliant
services to the client.
"We are very excited about this development and the opportunity
it affords Labwire to address larger energy providers through their
international operational needs," commented Mr. Dexter Morris,
Chairman and Chief Executive Officer of Labwire. "International
services that report back to and are controlled by U.S.-based
operational managers have been a continual source of concern to the
Industry for several years. By combining Labwire's web-based
delivery platform and Global's field experience we now have a
workable solution to answer these needs."
"Global Medical Testing is extremely excited at the opportunity
to expand its specialized services with the web-based platform
services of Labwire. GMT is certain that the alliance with Labwire
will complete the first cohesive arrangement for coordinated and
compliant drug and alcohol testing services in the US and
worldwide," said Janet Jordan, President and CEO of GMT.
About Labwire
Labwire Inc., Headquartered in Houston, TX, provides secure and
compliant employee drug screening and background checking services
to Fortune 500 corporations via the Labwire(TM) Platform.
Labwire(TM) 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.
About Global Medical
Janet Jordan RN, BSN President and CFO of Global Medical Testing
(GMT), has been providing drug and alcohol testing/collection
services since 1989. GMT is known for their vigilant compliance
standards and their provision of alternatives to the ever-changing
environment of drug testing in the work place.
GMT's senior management received extensive experience in
International specimen collections while acting as collections
specialists under the stringent compliance of the International
Tennis Federation (ITF) anti-doping program. GMT is one of only a
limited number of companies qualified to provide compliant offshore
services.
Safe Harbor Provisions:
Certain oral statements made by management from time to time and
certain statements contained in press releases and periodic reports
issued by Labwire, Inc., (the "Company"), as well as those
contained herein, that are not historical facts are
"forward-looking statements" within the meaning of Section 21E of
the Securities and Exchange Act of 1934 and, because such
statements involve risks and uncertainties, actual results may
differ materially from those expressed or implied by such
forward-looking statements. Forward-looking statements, including
those in Management's Discussion and Analysis, are statements
regarding the intent, belief or current expectations, estimates or
projections of the Company, its Directors or its Officers about the
Company and the industry in which it operates, and are based on
assumptions made by management. Forward looking statements include
without limitation statements regarding: (a) the Company's
strategies regarding growth and business expansion, including
future acquisitions; (b) the Company's financing plans; (c) trends
affecting the Company's financial condition or results of
operations; (d) the Company's ability to continue to control costs
and to meet its liquidity and other financing needs; (e) the
declaration and payment of dividends; and (f) the Company's ability
to respond to changes in customer demand and regulations. Although
the Company believes that its expectations are based on reasonable
assumptions, it can give no assurance that the anticipated results
will occur. When issued in this report, the words "expects,"
"anticipates," "intends," "plans," "believes," "seeks,"
"estimates," and similar expressions are generally intended to
identify forward-looking statements.
Important factors that could cause the actual results to differ
materially from those in the forward-looking statements include,
among other items, (i) changes in the regulatory and general
economic environment; (ii) conditions in the capital markets,
including the interest rate environment and the availability of
capital; (iii) changes in the competitive marketplace that could
affect the Company's revenue and/or cost and expenses, such as
increased competition, lack of qualified marketing, management or
other personnel, and increased labor and inventory costs; (iv)
changes in technology or customer requirements, which could render
the Company's technologies noncompetitive or obsolete; (v) new
product introductions, product sales mix and the geographic mix of
sales.
The Company disclaims any intention or obligation to update or
revise forward-looking statements, whether as a result of new
information, future events or otherwise. Safe Harbor Statement
under the Private Securities Litigation Reform Act of 1995: The
statements which are not historical facts contained in this
advertisement are forward-looking statements that involve certain
risks and uncertainties including but not limited to risks
associated with the uncertainty of future financial results,
additional financing requirements, development of new products,
governmental approval processes, the impact of competitive products
or pricing, technological changes, and the effect of economic
conditions.
Contact: Investors & Public Relations Marlin R. Williford
Jr. email: mwilliford@capnetrisk.com phone: (832) 487-7803
Labwire (CE) (USOTC:LBWR)
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