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Re: MWM post# 97330

Thursday, 05/15/2008 11:35:12 PM

Thursday, May 15, 2008 11:35:12 PM

Post# of 380130
LBWR picked up by Knobias.

LBWR: Alliance Agreement with USIS for Screening Products and Services [Knobias.com]
05/15/2008 10:36:00 AM
Knobias.com

Ridgeland, MS, MAY 15, 2008 (EventX/Knobias.com via COMTEX News Network) -- By Fain Hughes, fhughes@knobias.com

Labwire, Inc. (LBWR) has signed an Alliance Agreement with USIS, a large national commercial services group. Under the terms of the Alliance Agreement, Labwire will perform drug/alcohol testing services and pre-employment background screening products and services for certain USIS clients. In turn, USIS will offer their products for sale by Labwire to its clients.

The agreement is for an initial term of two years and provides for both firms to pay referral fees based on a percent of business delivered. The initial clients referred by USIS will begin transitioning to Labwire on June 2, 2008 and will continue through year's end and will include several large operating units in commercial transportation industries.

Marlin Williford, CFO of Labwire, stated, "As this agreement is implemented, it should provide good revenue growth for the 3rd and 4th quarters of this year."

KNOBIAS DISCLAIMER: All statements made in this article were made by the Company and do not in any way reflect the opinions of Knobias. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC.

ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.

If your company wishes to participate in the EventX newswire, please contact Knobias: http://www.knobias.com

Knobias.com, LLC
601-978-3399
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