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To: Bucky Katt who wrote (6975)	11/7/2000 3:42:22 PM
From: Chisy	Read Replies (1) \| Respond to of 13094

Here's one I bought a while back. Any thoughts on it? Latest News -------------------------------------------------------------------------------- SmarTire Systems Inc.: U.S. Government Calls for Tire Monitoring -- Nov 2 2000 RICHMOND, B.C., Nov 2, 2000 (AutomotiveWire) -- SmarTire Systems Inc. (NASDAQ: SMTR) announced that U.S. President Clinton yesterday approved amendments to a US federal transportation law that are aimed at preventing future automotive tragedies and represent significant legislation for improved tire safety. The amendments will result in regulations that will require all new vehicles to have warning indicators for low tire pressure. The amended law specifies that by November 2001, the Secretary of Transportation will 'complete a rulemaking for a regulation to require a warning system in new motor vehicles to indicate to the operator when a tire is significantly under inflated.' The regulation will become effective no later than November 2003. SmarTire offers technically advanced tire monitoring solutions for a wide range of applications including passenger cars, sport utility vehicles, light trucks and commercial vehicles. SmarTire's proprietary technology measures pressure and temperature on a real-time basis and transmits this data using leading-edge wireless communications protocol. In response to the increased demand for tire safety, SmarTire is preparing to release into production its Generation II tire monitoring products for the North American and European markets. President Clinton approved the amendments to the Transportation Recall Enhancement, Accountability, and Documentation (TREAD) Act which recommends improved vehicle safety through various initiatives including one regulation that will require installation of warning systems in new motor vehicles to indicate when a tire is significantly under inflated. Commenting from the SEMA tradeshow in Las Vegas, Robert Rudman, President and Chief Executive Officer of SmarTire Systems Inc. reports, "This new legislation represents a milestone for the automotive industry as it recognizes the importance of tire safety and the critical role played by tire monitoring. As a company that has specialized in tire monitoring technology, SmarTire is witnessing a dramatic increase in consumer awareness for tire safety products. Together with our strategic partners, we will respond to this escalating demand with the right technologies, products and financial resources." SmarTire Systems Inc. develops and markets proprietary tire monitoring systems for the North American and European automotive aftermarkets. Through their strategic alliance, SmarTire Systems and TRW Inc. are committed to providing superior tire monitoring systems for both aftermarket and original equipment applications. Additional information is available at www.smartire.com. Kevin A. Carlson, C.A., Chief Financial Officer and General Manager Except for this historical information contained herein, this news release contains forward looking statements that involve risks and uncertainties, including the impact of competitive products and pricing and general economic conditions as they affect the Company's customers. Actual results and developments may therefore differ materially from those described in this release. CONTACT: SmarTire Systems Inc. Charlene Krepiakevich, 604/276-9884 or Toll Free 1-800-982-2001 604/276-2350 (FAX) Email: info@smartire.com Website: www.smartire.com URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.