Labwire Re-signs Client, Looks Into Gold
HOUSTON, Aug 11, 2010 /PRNewswire via COMTEX/ -- Labwire Inc. (Pink Sheets: LBWR), a leading Employee Screening Provider, announced today that the world's largest offshore drilling contractor recently executed a new service agreement with Labwire Inc. on 2/5/2010. The new agreement calls for more Lab-based testing through Labwire, and also provides for web-based employee education and supervisor training which was not utilized in the previous agreements.
"We are proud that this client has made the decision to expand their service use of the Labwire platform," said Dexter Morris, Labwire chairman. "Through June 30, 2010, revenue from this client is up 60% from the same period in 2009".
Morris adds, "Labwire would also like to acquire additional revenue streams and is exploring precious metals and minerals, primarily gold, and to that end has already begun talks involving Idaho properties. We will keep our shareholders apprised as we move forward."
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. |
