HOUSTON, Sept. 29, 2005 (PRIMEZONE) -- Labwire Inc. (Pink Sheets:LBWR) announces that the Company has signed a service contract with Transportation Services, Inc (TSI), a major long-haul truckload transportation provider that transports goods between the U.S. and Mexico. The agreement represents the Company's first major contract within the commercial trucking industry. The contract encompasses drug screening services and substance abuse administration for TSI and should represent substantial recurring monthly revenue for Labwire.
Labwire will test TSI trucking employees before they are hired as well as perform random drug tests during employment, retaining records of all tests for the client and creating customized reports based on that data utilizing the Labwire Platform. The platform is a proprietary, Web-based application that is a secure and cost-efficient solution for the employee screening process. Labwire offers the lowest cost per transaction in the industry and provides compliance with DOT (Department of Transportation) and DEA (Drug Enforcement Agency) regulations.
Dexter Morris, President of Labwire, stated, "This is a significant contract because it marks Labwire's entry into the commercial trucking sector of the Transportation industry which employs over 9 million Americans. Utilizing our superior platform, value proposition and prior experience in the Transportation industry, we are currently pursuing additional employee drug and background screening contracts in this sizeable market. Labwire takes prides in helping to keep America's highways safer by assisting trucking companies ensure that their drivers are drug free."
About Labwire Inc.
Labwire Inc., headquartered in Houston, TX, provides secure and compliant employee drug screening and background checking services to Fortune 500 corporations. The Company offers a comprehensive set of solutions to manage all aspects of employee screening services including drug testing program development and policy analysis, medical review services, supervisor training and secure real-time online data management via the Labwire Platform. Labwire is a proprietary, real-time Web-based application that streamlines the complex regulatory and record management activities associated with employee screening, delivering accurate timely results.
For corporate and product information, please visit www.labwire.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.