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Biotech / Medical : Labwire Inc. -- Ignore unavailable to you. Want to Upgrade?

To: creede who wrote (944)	5/24/2008 8:46:36 PM
From: creede	Read Replies (1) \| Respond to of 1698

Posted by: Creede Bighorns Date: Wednesday, March 29, 2006 1:21:54 PM In reply to: Creede Bighorns who wrote msg# 104 Post # of 6153 Sizing Up the Competition So, the second order of business is to start naming our competitors. Here's the two that Dexter gave me (I know what you guys are thinking....finally some numbers, thank goodness!). Choicepoint (CPS) finance.yahoo.com First Advantage Corp. (FADV) finance.yahoo.com Now, we are not going to do all the things that these two do, and they aren't going to do all the things that Labwire does (more on that later). What is important, is that we want their drug testing and background screening business....period (and DISA's as well, but we aren't focusing on them anymore...lol). So, how large is the Drug Testing and Background screening industry, and how much can the TPA's get? Well, the answer is pretty much the same for both markets. Here's the breakdown: Drug Testing Industry Annual Revenues: ~ 4 Billion TPA revenues from Drug Testing : ~ 900 Million Employee Background Screening Annual : ~ 4 Billion TPA revenues from screening : ~ 900 Million Combined Markets Total - 1.8 Billion Alright, both industries are pretty much the same, and now we see Dexter's 1.8 Billion dollar target. But how do we get the lion's share of that 1.8 billion? We have the best platform which will certainly help, but what's really the key to success for the company and the shareholder? (Here's a glimpse of the genius behind the business model, and here's where experience really counts....for the client....and especially for the investor.) Want a clue? Have you seen this in all the PR's? 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. To be continued... GB-ND creede