Beijing Boom Receives First Shipment of SmarTire for Buses
Monday July 12, 12:56 pm ET
100 unit order begins roll-out of tire pressure monitoring to China bus market

RICHMOND, BC, July 12 /PRNewswire-FirstCall/ - SmarTire Systems Inc. (OTCBB: SMTR - News) today announced that its Chinese distributor, Beijing Boom Technology, has received its first volume shipment of 100 SmarTire for Buses systems. Beijing Boom will be marketing these systems to tourism and public system bus operators in China.
The new SmarTire for Buses system incorporates the Company's new high pressure transmitters, an improved receiver as well as a graphic display mounted in view of the driver. SmarTire for Buses 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. This tire information is critical for the safe operation of the bus and helps maximize tire life and fuel economy as well as reduce the risk of downtime due to a tire failure.

"Buses are the main form of mass transportation in China, and safety is very important to any driver or fleet operator," said Cai Jian Ming, President of Beijing Boom Technology. "We are excited to be expanding our SmarTire product line and to be taking the lead in introducing this important technology to the bus market in China."

"Our relationship with Beijing Boom continues to grow and we are very pleased to see them expanding into the important bus market in China," said John Taylor-Wilson, VP Sales & Marketing for SmarTire. "SmarTire for Buses offers tourism and public transportation bus operators a critical new system to increase their operating efficiency while increasing safety for their customers."

About SmarTire Systems

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 www.smartire.com. An online virtual investor kit containing SmarTire press releases, SEC filings, current price quotes, stock charts and other useful information for investors can be found at www.hawkmicrocaps.com. Investors may contact Judy Leclercq at (800)-982-2001 or Frank Hawkins or Julie Marshall, Hawk Associates, Inc. at (305) 852-2383. Email: investor_relations@smartire.com or info@hawkassociates.com.

"Robert Rudman"

Robert Rudman
Chief Executive Officer

SAFE HARBOUR STATEMENT

Statements in this press release which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Readers should also refer to the risk disclosures outlined in the Company's annual report of Form 10-KSB for the last completed fiscal year filed with the SEC.

Email: investor_relations@smartire.com
Contact: Judy Leclercq
1 (800) 982-2001

2004-09-20 09:30:53

SmarTire Applauds Final NHTSA Rules Requiring Tire Monitoring Systems

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