SmarTire begins shipping enhanced motorcycle product New sensor design enables SmarTire system to fit more motorcycle types and rim sizes
RICHMOND, BC, Apr 06, 2005 (Canada NewsWire via COMTEX) -- SmarTire Systems
Inc. (OTCBB: SMTR) today announced that it has begun shipments of its enhanced
SmarTire for Motorcycles product. The new product includes a redesigned sensor
that enables the system to fit a greater number of motorcycle types and rim
designs. The new design also increases substantially the strength of the sensor
housing for additional system durability. SmarTire for Motorcycles has also been
localized for the French and German market with the appropriate language manuals
and system documentation.
SmarTire for Motorcycles is an active tire pressure and temperature monitoring
system that provides real-time tire information to the rider while the bike is
in motion. At a push of the button, SmarTire displays each tire's pressure,
temperature and pressure deviation. If the system detects a loss of air pressure
or abnormally high tire temperature, a bright warning light automatically alerts
the rider to the condition.
"The new sensor design greatly expands our market potential in terms of the
number and type of motorcycles and rims," says Nigel Hammond, General Manager of
SmarTire Europe Ltd. "We have had very positive reviews of the product since we
launched it last year. We have also received many testimonials and reports from
the field of the system saving riders from both the inconvenience and danger of
a tire problem while riding. With the changes to the sensors and the new
documentation for the French and German markets, we are making this important
technology available to an even wider range of bikes and riders."
About SmarTire Systems Inc.
SmarTire develops and markets proprietary advanced tire pressure monitoring and
technology systems for the global automotive and transportation industries. The
U.S. Government, through the TREAD Act, has legislated that all new passenger
vehicles must be equipped with tire monitoring systems beginning with a phased
implementation in 2004. SmarTire is capitalizing on the rapidly emerging OEM and
aftermarket opportunities. The company's vision is to become the preeminent
provider of wireless sensing and control systems for vehicles worldwide.
Incorporated in 1987, SmarTire has offices in North America and Europe.
A comprehensive investment profile regarding SmarTire Systems Inc. may be found
online at www.hawkassociates.com/smartire/profile.htm.
Additional information about SmarTire Systems can be found on the website
www.smartire.com. An online investor kit containing SmarTire press releases, SEC
filings, current price Level II quotes, interactive Java, stock charts and other
useful information for investors can be found at www.hawkassociates.com and
www.hawkmicrocaps.com. Investors may contact Randy Halischuk, or Judy Leclercq,
SmarTire at (800) 982-2001 email: investor_relations(at)smartire.com or Frank
Hawkins or Julie Marshall, Hawk Associates at (305) 852-2383, email:
info(at)hawkassociates.com.
VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION:
newswire.ca
CONTACT: For further information: Randy Halischuk, Judy Leclercq, 1-800-982-2001,
Email: investor_relations(at)smartire.com or Hawk Associates at
1-305-852-2383, Email: info(at)hawkassociates.com
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