Major companies doing business with LBWR because they know it is not a typical pink sheet, and IMO, won't be for long.
I remain,
SOROS
ACXM
Last $24.83
Market Cap $2.19B
?Labwire to Offer Background Screening Solutions From Acxiom
Houston, Texas -- August 28, 2006 -- Labwire, Inc., a leading provider of drug testing
and screening solutions, today announced the availability of a complete suite of employment
screening services through an agreement with the background screening division of Acxiom
Corporation (Nasdaq: ACXM). Under the terms of the agreement, Labwire will resell Acxiom’s
comprehensive background screening solutions to its customers via its existing platform.
The screening services are provided by Acxiom Information Security Services, which is part of
Acxiom’s risk mitigation division.
“Our companies share a fundamental commitment to quality and excellent customer service,”
said Dexter Morris, Chief Executive Officer of Labwire, Inc. “As a result of our new relationship
with Acxiom, our customers will have access to the industry’s best background screening
solution, which further illustrates our commitment to provide the most comprehensive employee
screening solutions to our clients.”
“Labwire has recognized Acxiom’s services as one of the most effective, multi-faceted
employment screening solutions in the market,” said Michael Cool, Business Unit Leader of the
Acxiom Information Security Services. “Labwire’s industry reputation and its firm dedication to
exceeding the expectations of its clients through innovation and technology make them ideal to
offer Acxiom’s services.”
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
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.
About Acxiom Corporation
Acxiom Corporation (NASDAQ: ACXM) integrates data, services and technology to create and
deliver customer and information management solutions for many of the largest, most respected
companies in the world. The core components of Acxiom's innovative solutions are Customer
Data Integration (CDI) technology, data, database services, IT outsourcing, consulting and
analytics, and privacy leadership. Founded in 1969, Acxiom is headquartered in Little Rock,
Arkansas, with locations throughout the United States and Europe, and in Australia and China.
For more information, visit www.acxiom.com.
Acxiom Insight is the risk mitigation division of Acxiom Corporation. Our mission is to help
Americans protect themselves, their businesses and their communities from risk through
advanced information-based solutions. For more information, visit AcxiomInsight.com.
Acxiom is a registered trademark of Acxiom Corporation.
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
Jim MacDonald
email: jmacdonald@torreyhillscapital.com
phone: (858)456-7300 |
