Pacific Biometrics Initiates Stock Buyback Program To Repurchase $500,000 Of Common Stock

SEATTLE, Wash.--(BUSINESS WIRE)--Aug. 29, 2006--Pacific Biometrics (OTCBB: PBME; PBI), a provider of specialty central laboratory services, has been authorized by its Board of Directors to repurchase shares of its common stock up to an aggregate value of $500,000 as part of a new buyback program.

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