ICA Security Systems to distribute SmarTire for Motorcycles in France Monday May 2, 9:30 am ET Leading distributor of motorcycle anti-theft systems adds SmarTire to its product line
RICHMOND, BC, May 2 /PRNewswire-FirstCall/ - SmarTire Systems Inc. (OTCBB: SMTR - News) today announced that ICA Security Systems is distributing its SmarTire for Motorcycles product in France. ICA Systems is the largest manufacturer and distributor of motorcycle alarms and anti-theft systems in the French market with over 1000 dealers across the country. ADVERTISEMENT
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.
"We welcome the opportunity to distribute SmarTire's innovative tire monitoring system for motorcycles in France," says, Philippe Aubeges, Chief Executive Officer of ICA Systems. "SmarTire for Motorcycles fits very well into our overall strategy to expand into safety related products in addition to our security and anti-theft products. ICA's established dealer base can also provide the necessary installation and servicing required to support the introduction of this product into the French market."
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 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@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.
-------------------------------------------------------------------------------- Source: SmarTire Systems Inc
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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awesome, i want to close above .2 today and if so, we may hit .3 before friday....
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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I got in today @ .18, and it has been holding over that point all day, so I would like to see this close over .19, would be nice, .20 would be even better. So, you guys are thinking .30 possibly by Friday? (sounds good to me)
Posts: 55 | Registered: Jan 2005
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Do you guys think this is a good long term one? I guess the dips and what not are good, but this company looks like it has a lot in store.
Posts: 115 | Registered: Feb 2005
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Seeing 2.50 - 5.00 in 24 months. Best looking hold on this board. My .02 opinion, but you would soon be a million ahead if you would short most of my buys. Don't buy more than you can aford to lose. SMTR is looking to be a winner.
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
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Very good advice. The tread act is here now and the need for this product will ramp up big time.
SMTR will get their share of contracts. People may want to scalp a little but soon it will be to high for them to buy in great bulk. This is a company with over 18 years experience and former nasdaq stock..not your typical otb stock..
good luck to all. I have enjoyed your posts..please visit us at raging bull for more discusion on smtr........
Posts: 37 | Registered: Oct 2003
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Stocksss are you quoting someone or what? You mentioned in the hot stock section that there is a guy that knows a reliable source...and it's you??
Would be great to see another contract out...this is a company that appears to be making tremendous progress.
Posts: 3727 | Registered: Jul 2004
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Yepper! The next two days should be sweet I strongly believe. Thursday we'll probably drop 10 cents or so. Let's get ready to sell in a few days and buy more on Monday. SMTR has been overbought for 2 weeks now and it continues to climb despite it.
I think we'll see a high of .24 today and close the day around .22. Tomorrow I am hoping for a close around .27-.28. We'll have to wait and see what happens.
The trend is still up!!!
-------------------- Buy Low. Sell High. Posts: 10750 | From: The Land Of The Giants | Registered: Feb 2005
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Other stocks making headlines on Monday were:
SmarTire Systems, Inc. (OTC BB: SMTR)
SmarTire Systems, Inc., a developer and marketer of proprietary advanced tire pressure monitoring and technology systems, announced Monday that ICA Security Systems, the largest manufacturer and distributor of motorcycle alarms and anti-theft systems in the French market, is distributing its SmarTire for Motorcycles product in France. The company said that 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.
Shares of SMTR closed Monday's trading session at $0.184, up 0.029, on volume of 31.7 million shares.
-------------------- You wouldn't have the opportunity to be such an idiot... Posts: 577 | Registered: Nov 2004
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in my opinion, when this stock ends down for the day (or ending down), its a good entry point for tomorrow. i'm picking up some more shares.
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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I expected the day to go better for smart tire yesterday. I'll sell when it gets to .2 and buy again on a dip.
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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