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Press Release Source: Labwire, Inc.

Labwire Management Announces Audited Financial Results for 2007
Wednesday July 30, 4:14 pm ET

HOUSTON, TX--(MARKET WIRE)--Jul 30, 2008 -- Labwire, Inc. (Other OTC:LBWR.PK - News), a leading provider of employee screening solutions and canine security and surveillance services, announced that Moore and Associates has completed its audit of the financial statements for 2007 and is pleased to report the following results:


1) RECORD ANNUAL SALES of $4,799,631 which exceeds the $4,700,000 total
previously announced.

2) PRE-TAX PROFIT of $ 377,765. The company should have little or no tax
liability due to a net operating loss carry forward benefit from the
Company Startup in prior years. Additionally, Gross Profit was
$1,705,101 vs. $1,149,056 for 2006. This represents a $556,045
increase or a 48.39% improvement.

3) THE ACQUISITION OF OCCUPATIONAL TESTING, INC (OTI) on October 31, 2007
produces substantial current year and future benefit to Labwire.

A) Total Income for Labwire financial statements of $153,766.62
with a Gross Profit of $106,069.26 and net income of $8,751.01
(after the inclusion of all acquisition costs) for the
two-month period of November 1 thru December 31, 2007.

B) While the full year results for OTI were not a part of the
Labwire audit, management has confirmed that Total 2007 Annual
Sales for OTI exceeded $860,000 with a gross profit of $639,000
and net income of $148,000. Total revenue exceeded the purchase
basis of $600,000 by $260,000 or 43%.

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"2007 was an excellent year for Labwire," stated Marlin Williford, CFO. "We are pleased that the audit process confirmed the results previously announced by management. We expect the 2008 reporting process to proceed more smoothly as we improve our financial infrastructure and procedures."

Dexter Morris, Labwire Chairman and CEO, provides the following insight into business activity for this year: "We are working very hard to put everything in place to operate as a fully-reporting public company. This has been very time consuming as we move thru the various steps in the process. With the completion of the various audit processes, we are clearing a final hurdle to up-listing. Our 2007 numbers were very encouraging with record revenue, increasing margins and profit, and the completion of an exciting acquisition. We will continue to develop OTI and this acquisition business model as we constantly search the market for new opportunities."

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.