Agathos Laboratories, Inc. and MEDTOX Diagnostics Form Laboratory Services Partnership

FOR IMMEDIATE RELEASE
Santa Clara, California, United States of America (Free-Press-Release.com) February 15, 2012 -- Santa Clara, California (February 16, 2012) – Silicon Valley-based Agathos Laboratories, Inc. and MEDTOX Diagnostics have signed a Laboratory Services Partnership to bring affordable workplace drug testing to small and medium-sized businesses (SMB). This partnership positions Agathos Labs as the market leader in the provision of comprehensive, reliable, affordable, and service-centric drug testing to SMBs.

Though SMBs employ an estimated 75% of the U.S. working population, only 5-10% of SMBs have drug testing programs in place. Studies show 70% of illicit drug users are employed so in essence SMBs employ the majority of substance abusers. Put another way, illicit drug users seek and find employment with SMBs to order to sustain their habits. Entrepreneurs ignore drug testing programs, even at their own demise, due to the high cost of testing, unnecessary services bundled into testing, complicated testing protocols, and poor customer service.

MEDTOX Diagnostics, the third largest laboratory testing company in the U.S., is widely recognized as the industry leader in efficient testing processing – with eChain® and electronic billing; state-of-the-art testing technologies; fast turn-around times; and customer service. eChain® significantly simplifies the chain-of-custody (COC) process, collection site location, results reporting, and supplies ordering.

“This partnership is a wonderful stepping stone in Agathos Labs’ vision to become the premiere leader in employment drug testing in the United States” said Paul Momoh, President and CEO of Agathos Labs. “Leveraging the process efficiencies of MEDTOX, we can now bring affordable, reliable, and simplified drug testing to small businesses.”

About Agathos Laboratories, Inc.
Agathos Laboratories, Inc. specializes in state-of-the-art laboratory testing using High Performance Liquid Chromatography Mass Spectrometry (HPLC MS) and Gas Chromatography Mass Spectrometry (GCMS) in the clinical testing and diagnostics industry. Areas of expertise include drugs of abuse testing, pain management, and esoteric testing. For more information, visit its website at www.AgathosLabs.com.

About MEDTOX Diagnostics.

MEDTOX operates a SAMHSA-certified drug testing laboratory, a CAP and CLIA-certified clinical laboratory and a diagnostic division which is an FDA registered establishment. With a comprehensive laboratory and diagnostic testing service coupled with a commitment to excellent customer service, clients' testing programs operate as efficiently and effectively as possible.

For more Information, please contact:
Paul Momoh, Ph.D. / President and CEO
Agathos Laboratories, Inc
5201 Great America Pkwy
Suite 320,
Santa Clara, CA 95054
Phone: (408) 730-6819
Fax: (408) 562-5745
Email: pomomoh@agathoslabs.com

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