Labwire Inc. Message Board - Msg: 24672094

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Biotech / Medical : Labwire Inc.

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From: creede	6/12/2008 10:42:15 PM
	1 Recommendation of 1698

(excerpt from 10-12g added to iBox) The Labwire management team is made up of experienced personnel along with two senior client service directors. The core management team managed the sale of over $110 million in drug testing, backgrounds, and related services before forming Labwire, Inc. and taking advantage of their experience and expertise, including their in depth knowledge of the required Department of Transportation (“DOT”) testing regulations (49 CFR, Part 40). As a result of these efforts, Labwire: (1) enables clients to effectively manage drug testing programs over the Internet; (2) provides clients with secure and centralized, collection and analysis of highly confidential data produced by drug testing; and (3) allows for Web-enabled access to individual test results and other detailed compliance reports. These revenues account for approximately 60% of Labwire’s revenues. Through the implementation of Labwire’s technology, the Company anticipates evolving from a traditional TPA service provider to a leading substance abuse program application service provider (“ASP”). sec.gov GB-ND c

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