TIR Systems Ltd.

TIR Systems Ltd.

May 15, 2006 16:46 ET

TIR Systems Second Quarter Financial Results Teleconference Call Rescheduled

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 15, 2006) -

- Teleconference Call to be rescheduled to Tuesday 16th May, 8:00 am Pacific, 11:00 am Eastern

TIR Systems Ltd. (TSX:TIR), announces the rescheduling of the Q2-06 Teleconference Call to Tuesday May 16th at 8 am Pacific Time, 11 am Eastern Time from today, May 15th, to discuss the Company's financial results for the second quarter of fiscal 2006. This rescheduling is required to provide additional time to finalize the financial statements and accurately reflect the effects of the recently-announced restructuring.

Your host will be Caren Holtby, Investor Relations Manager, with Leonard Hordyk, President and CEO and Gary Brown, CFO.

To participate, please dial in on 1 877 563-6442.

A playback will be available from 4pm (Pacific Time) on Tuesday May 16th, until Monday, May 30th, 2006. Call 1 416 626-4100 or 1 800 558-5253 and quote reference number: 21292002.

A recording of the conference call will be available on the TIR Systems web site at www.tirsys.com from Wednesday, May 17th, 2006.

About the Company

TIR Systems Ltd., a world leader in light enabling technology, is building the foundations for tomorrow's lighting. TIR developed the LEXEL™, which is the first, fully integrated, Light Emitting Diode (LED) based light source, designed specifically to produce high quality white light essential for general lighting applications. The benefits of the LEXEL™ technology will encourage a more rapid adoption of Solid State Lighting and the LEXEL™ is positioned to become a new standard in the global lighting market.

To find out more about TIR Systems Ltd. (TSX:TIR), visit www.tirsys.com.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

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