HOUSTON, TX--(MARKET WIRE)--Apr 14, 2008 -- Labwire, Inc. (Other OTC:LBWR.PK - News), a leading provider of employee screening solutions and canine security and surveillance services, announced that management has completed its review of the unaudited financial statements for 2007 and is pleased to report the following results:

 
1)  RECORD ANNUAL SALES in excess of $4,700,000 as
    previously announced.

2)  PRE-TAX PROFIT of $382,000. 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.

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 $154,000 with a
        Gross Profit of $106,000 and net income of $9,000 (after the
        inclusion of all acquisition costs) for the two-month period of
        November 1 thru December 31, 2007.

    B)  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%.

    C)  Based on operating efficiencies and projected sales growth,
        management projects this unit has the potential to produce
        $1,000,000 in revenue and $225,000 in net income for Labwire
        operations in 2008.

"2007 was an excellent year for Labwire," stated Marlin Williford, CFO. "We will use this year as a foundation to invest further in our business infrastructure in 2008 and continue to execute and grow our business model. We also completed the negotiation of an increase in our credit facility with Frost Bank, our primary lender. We are pleased to announce that the Bank agreed to an 80% increase in our credit facilities and extended a portion of the loans for three years."

Dexter Morris, Labwire Chairman and CEO, provides the following insight into the business forecast for this year: "As we continue to grow our business we should expect somewhat slower revenue growth for the 1st and 2nd quarters with stable to improving bottom line results. We anticipate continued revenue growth in the 3rd and 4th quarters. We are expanding our platform capacity to ten times our current operational threshold and are excited about the possibilities before us for 2008. The OTI acquisition model is proving to be very successful for Labwire. 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.

Safe Harbor Provisions:

Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by Labwire, Inc., (the "Company"), as well as those contained herein, that are not historical facts are "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934 and, because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements, including those in Management's Discussion and Analysis, are statements regarding the intent, belief or current expectations, estimates or projections of the Company, its Directors or its Officers about the Company and the industry in which it operates, and are based on assumptions made by management. Forward-looking statements include without limitation statements regarding: (a) the Company's strategies regarding growth and business expansion, including future acquisitions; (b) the Company's financing plans; (c) trends affecting the Company's financial condition or results of operations; (d) the Company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the Company's ability to respond to changes in customer demand and regulations. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.

Important factors that could cause the actual results to differ materially from those in the forward-looking statements include, among other items, (i) changes in the regulatory and general economic environment; (ii) conditions in the capital markets, including the interest rate environment and the availability of capital; (iii) changes in the competitive marketplace that could affect the Company's revenue and/or cost and expenses, such as increased competition, lack of qualified marketing, management or other personnel, and increased labor and inventory costs; (iv) changes in technology or customer requirements, which could render the Company's technologies noncompetitive or obsolete; (v) new product introductions, product sales mix and the geographic mix of sales.

The Company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, and the effect of economic conditions.

     Investor and Public Relations Contact:
     Marlin R. Williford Jr.
     email: mwilliford@capnetrisk.com
     Phone: (832) 487-7803