posted
I would say more than 90% of the trades were buys. This should start a nice trend up this week.
I dont hold many but I will take a chance with this one.
IMO
SmarTire offered on Western RV's Alpine Coach line SmarTire's active tire monitoring system now available on luxury line of motorhomes RICHMOND, BC - PRNewswire-FirstCall - April 5 RICHMOND, BC, April 5 /PRNewswire-FirstCall/ -- SmarTire Systems Inc. (OTCBB: SMTR) today announced that Western Recreational Vehicles Inc. is offering SmarTire's active tire pressure monitoring system as optional equipment on their prestigious Alpine Coach Limited Series line of recreational vehicles. With over 34 years of recreational vehicle manufacturing experience, Western RV is one of the top producers in the U.S. of diesel powered Class "A" motorhomes.
The SmarTire for RVs system incorporates high pressure transmitters, an improved receiver as well as a graphic display mounted in view of the driver. SmarTire for RVs monitors both tire pressure and temperature, warning the driver if a tire is under-inflated, loses pressure while driving or if the tire temperature rises abnormally.
An important new feature of the SmarTire for RVs system is that it can be configured to include additional low pressure sensors to monitor the wheels of a towed vehicle or trailer. This complete system provides RV owners with a new level of safety, convenience and piece of mind, knowing that all the wheels on their RV and towed vehicle or trailer are being monitored.
"Western RV combines extensive experience in the recreational vehicle industry with a real commitment to quality, comfort and reliability," says Robert Rudman, President and CEO of SmarTire. "We are very pleased to have been chosen by Western RV as their tire monitoring system of choice for their luxury line of Class "A" motorhomes. This agreement is another indication of how SmarTire is implementing its strategy to supply innovative technology to original equipment manufacturers in important target markets."
About Western Recreational Vehicles Inc.
Western Recreational Vehicles, Inc., is a national manufacturer of motorized and towable recreational vehicles located in Yakima, Washington. Corporate and production facilities extend over 57 acres and surpass over 400,000 square feet under roof. Employment level exceeding 550 skilled craftspeople and office personnel fluctuates with production demands. The company currently manufactures Alpenlite Fifth-Wheels, Travel Trailers and Truck Campers as well as Alpine Coach, a premier diesel Motor Coach.
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.
Additional information about SmarTire Systems can be found on the website http://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 http://www.hawkassociates.com/ and http://www.hawkmicrocaps.com/. Investors may contact Randy Halischuk, or Judy Leclercq, SmarTire at (800) 982-2001 email: investor_relations@smartire.com or Frank Hawkins or Julie Marshall, Hawk Associates at (305) 852-2383, email: info@hawkassociates.com.
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward- looking statements. These factors include the effect of competitive pricing, the company's dependence on the ability of third party manufacturers to produce components on a basis which is cost-effective to the company, market acceptance of the company's products and the effects of government regulation. Results actually achieved may differ materially from expected results included in these statements.
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