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Labwire Second Quarter Revenue Up 46 Percent
Wednesday July 12, 9:00 am ET
HOUSTON, TX--(MARKET WIRE)--Jul 12, 2006 -- Labwire, Inc. (Other OTC:LBWR.PK - News), a leading provider of employee screening solutions and canine security and surveillance services, announced today that revenue in June 2006 was $256,899, an increase of $56,677 or 28.3% over June 2005 results. In addition and for the second quarter ended June 30, 2006, the Company's revenue was $851,183 compared to $581,702 for the second quarter ended June 30, 2005. This represents a same quarter increase of $269,481 or approximately 46.3%.
"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." |
