Leading background search company to incorporate Labwire Platform.Labwire Inc. has announced that the Company has reached an agreement with Arrin Systems, one of America's leading background search companies, to provide comprehensive drug testing solutions to Arrin's clients via Labwire's leading edge software module. Arrin Systems, headquartered in Carlsbad, California Carlsbad is a coastal resort-town in northern San Diego County, California. According to the state Department of Finance, the city had a total population of 90,271 in 2003. , will begin utilizing the Labwire Platform to offer drug testing management services to their 1600 clients. The Company's Labwire Platform gathers, stores, retrieves and manages sensitive security and compliance data for mid-size and large corporations. Labwire's current business model targets corporations that average at least 1000 drug tests annually. Through a newly implemented "Business Consolidation" model, Labwire will now offer its employment management solutions to regional employment and drug screening providers who handle numerous small accounts. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dexter Morris, Labwire Inc. President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , "The Arrin Systems account marks the acceptance of our 'Business Consolidation' model which creates a new revenue stream for the Company. With this model in place, we have the ability to target the entire drug screening industry (estimated at 70 million tests annually) enabling Labwire to significantly increase its market share without significantly incurring additional sales expenses or capital expenditure." The Labwire Platform required a capital investment of over $1 million and is a proprietary, web-based application that creates a virtual employment screening chain streamlining all aspects of the screening process in a secure and cost-efficient solution. The platform provides compliance with DOT (Department of Transportation) and DEA DEA - Data Encryption Algorithm (Drug Enforcement Agency) regulations and adheres to strict Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers and their families when (HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, ) based protocols. |
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