Replies to post #5851 on Labwire Inc (LBWR)

[inspro]

I wonder what product USIS has that LBWR will sell to their clients? has anybody been able to find out anything about USIS?

[shortsinthesand]

Creede, sorry but this is not a Joint Venture, it is a Strategic Alliance.

RE: "This JV could very well lead to more of the same."
PR: Labwire Signs Alliance Agreement With USIS


A Joint Venture typically involves the formation of a third entity funded by the two parties forming the Joint Venture.

A Strategic Alliance is simply an agreement to do business together, which is what was stated in the press release.

good luck

Sands