August 27, 2002

Florida Reference Laboratory, Inc. (FRL), a Miami based Clinical Reference Laboratory, has agreed to a Marketing and Operational agreement with BioCollections Worldwide Diagnostic Laboratory Division. Under the agreement FRL will take over the operational side BCW's Diagnostic Laboratory Division while BCW retains its Marketing rights. Mr. Sixto Pacheco, President and Chief Executive Officer of BioCollections Worldwide, Inc stated, "Our Diagnostic Laboratory Division has been undergoing an explosive growth due to our servicing capabilities. Under this agreement we are able to guarantee our clients a constant level of service while having the ability to increment our client base at pace with our growth expectations. FRL has more than 25 years of experience in the esoteric medical testing arena and we are excited at the opportunity of working with them."

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