To: creede who wrote (610 ) 12/5/2007 9:30:30 AM From: xcentral1 Read Replies (1) | Respond to of 1698 December 4, 2007 -- Labwire Engages the Financial Management Firm of CapNet Risk and Financial Management, Inc. PR NEWSWIRE Posted: 2007-12-04 13:02:27 HOUSTON, Dec. 4 /PRNewswire-FirstCall/ -- Labwire, Inc. (Pink Sheets: LBWR), a leading provider of employee screening solutions and canine security and surveillance services, announced today that it has engaged the Firm of CapNet Risk and Financial Management, Inc. (CRFM). CRFM will be responsible for the public company accounting and finance functions for Labwire and to prepare and file the necessary documentation to apply for full reporting status as an OTC Bulletin Board listing. As a part of the engagement, Labwire has appointed Marlin R. Williford Jr. as Advisory Director and Chief Financial Officer of Labwire. Mr. Williford is a thirty-year finance professional whose experience includes the Presidency of two banks and CRFM. Additionally, the Company has named Randy Moseley as its Controller. Mr. Moseley is a CPA with over twenty years of public company accounting experience and he is the Chief Accounting Officer for CRFM. "We are pleased to announce the engagement of CapNet Risk and Financial Management," commented Mr. Dexter Morris, Chief Executive Officer, of Labwire Inc. This is another major step in fulfilling our commitment to shareholders to become a fully reporting public company and represents another significant milestone toward increasing shareholder value." 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.