This may have bottomed. Looks oversold. And good news today.
RICHMOND, Canada, Sept 22, 2005 /PRNewswire-FirstCall via COMTEX/ -- SmarTire Systems Inc. (SMTR, Trade) announced today that it has achieved registration to ISO/TS 16949:2002, the quality management standard for the automotive and commercial vehicle industries.
The certification applies to SmarTire's design and manufacture of wireless sensing and control systems for the global transportation industry. SmarTire was registered to ISO/TS 16949:2002 by VCA, an organization with more than 30 years of automotive industry experience and a client base that includes the major North American automotive companies and many of their Tier 1 suppliers.
This registration certifies that SmarTire meets the quality requirements of new and existing original equipment manufacturers (OEM) customers. The cornerstone of the ISO/TS 16949:2002 registered system is recognition of the company's ability to meet customer requirements throughout all levels of the organization. Registration to ISO/TS 16949:2002 provides confidence to OEM customers that SmarTire has implemented processes to ensure robust and reliable systems that meet those requirements.
Terry Annas, manager of quality assurance and manufacturing, said, "SmarTire was previously compliant to QS-9000 and registration to TS 16949 was vital to securing new OEM contracts, enhancing customer satisfaction and providing for continuous improvement."
ISO/TS 16949 was developed by the International Automotive Task Force (IATF) and approved by the International Organization for Standardization (ISO). The IATF is an "ad hoc" group of automotive manufacturers and their respective trade associations, formed to provide improved quality products to automotive customers worldwide. IATF members include the following vehicle manufacturers: BMW, DaimlerChrysler, Fiat, Ford Motor Company, General Motors (including Opel Vauxhall), PSA Peugeot-Citroen, Renault SA, Volkswagen and their respective trade associations -- AIAG (U.S.), ANFIA (Italy), FIEV (France), SMMT (U.K.) and VDA (Germany).
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 at http://www.smartire.com . An online investor relations kit containing SmarTire press releases, SEC filings, current Level II price quotes, interactive Java, stock charts and other useful information for investors can be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com . Investors may contact Frank Hawkins or Julie Marshall of Hawk Associates at (305) 451-1888, e-mail: info@hawkassociates.com .
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended 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. The company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE SmarTire Systems, Inc.
Frank Hawkins or Julie Marshall, both of Hawk Associates, +1-305-451-1888, or info@hawkassociates.com, for SmarTire
Copyright (C) 2005 PR Newswire. All rights reserved.
Posted by uprightdeb on :
By the way, I am new and this is my first attempt at starting a post. Would be nice to get a visit from someone!
Posted by NomarKash on :
I'm high on this stock but it can't seem to stay about .10
Posted by uprightdeb on :
Appears on the rise now. .084 up .004 today.
I have been watching this for a long time as well. Found an entry point today at .0081. Let's hope for a rise to the next level.
Posted by uprightdeb on :
Sorry, meant entry at .081
Posted by NomarKash on :
I've bought and sold this a few times. I would like to hold onto it for the long term but it never seems to hold. I'll watch it for a few days and see what happens.
Posted by emonkey0015 on :
I bought into this around march @ .115. It was after the federal mandate to get auto companies to have tire pressure sensors by 2007 on all models. This is a long term stock in my opinion. The payoff will be around winter/spring 2008.
Posted by uprightdeb on :
Definitely on the upswing today!
Posted by uprightdeb on :
Really jumping now .094
Posted by kywee on :
im in
Posted by kywee on :
lots of buys coming in...imo this will be a nice little gainer
Posted by kywee on :
volume is pouring in, did this just get noticed with its news or something?
Posted by uprightdeb on :
Up 1 cent. Lets hope for 2
Posted by kywee on :
this thing is so oversold, if we can get some buys it will fly
Posted by kywee on :
here come the buys
Posted by uprightdeb on :
This will be heading above .10 soon IMHO.
Posted by uprightdeb on :
Moving up at end of day. Looks good for tomorrow.
Posted by uprightdeb on :
We are flirting with .10 this morning. Looking good if you got in last week!
Posted by ya ya on :
great stock
Posted by uprightdeb on :
Moving up nicely!
Posted by firefighterswct on :
Yeah agreed moved up nice today should countinue also . Word in other rooms and chats are for a 13-15 price range on this . This is a typical warrent play and is vauled at .13 thats over 30% from where it is now at a minimum . This may not look apealing to some people because its not 1000% but ill take 30% anyday on any amount !! lets hope for a good day tommorow guys if we can break .105 we should cruze right on up .. good luck everyone
Posted by NomarKash on :
SmarTire to Present at PIPEs Conference in New York Monday October 24, 8:43 am ET Presentation to be Webcast Live
RICHMOND, Canada, Oct. 24 /PRNewswire-FirstCall/ -- SmarTire Systems Inc. (OTC Bulletin Board: SMTR - News) announced today that Chairman Robert Rudman will present at The PIPEs Conference 2005 in New York City on Wednesday, Oct. 26 at 1 p.m. and 5 p.m. and Thursday, Oct. 27 at 1 p.m. at The Waldorf-Astoria. ADVERTISEMENT
Rudman said, "This is an opportunity for us to meet with key players on Wall Street and update the investment community about the exciting new developments at SmarTire, including the recently announced sales and marketing agreement with Dana Corporation."
About The PIPEs Conference
The PIPEs Conference 2005 features investors, investment bankers, attorneys, company executives and industry analysts active in the small cap equity market. The conference includes CLE-accredited workshops, roundtables and presentations from leading industry professionals. Information about the event can be found at http://www.thepipesconference.com .
About SmarTire Systems Inc.
SmarTire develops and markets proprietary advanced wireless sensing and control systems worldwide, including tire pressure monitoring systems for global vehicle markets. 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. This has raised the awareness for tire monitoring throughout the vehicle industry, and SmarTire is capitalizing on the rapidly emerging OEM and aftermarket opportunities. SmarTire has offices in North America and Europe.
Additional information about SmarTire Systems can be found at http://www.smartire.com . An online investor relations kit containing SmarTire press releases, SEC filings, current Level II price quotes, interactive Java, stock charts and other useful information for investors can be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com . Investors may contact Frank Hawkins or Julie Marshall of Hawk Associates at (305) 451-1888, e-mail: info*hawkassociates.com .
-------------------------------------------------------------------------------- Source: SmarTire Systems, Inc.