TIR Systems Ltd.
TSX : TIR

TIR Systems Ltd.

August 08, 2006 09:00 ET

TIR Systems' President & CEO, Leonard Hordyk, to Present at Canaccord Adams Summer Seminar, Tuesday, August 8th

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 8, 2006) - TIR Systems Ltd. (TSX:TIR) announces that President and CEO Leonard Hordyk will present at the Canaccord Adams Summer Seminar in Boston on August 8th, 2006.

The 26th Canaccord Adams Annual Summer Seminar will feature more than 200 small- and mid-cap growth companies, a select list of private companies and a dozen in-depth "Knowledge Sessions" that will explore important industry themes and topics. One theme will focus on solid state lighting, and include a discussion of investment opportunities that arise from developments in next-generation technology. Leonard Hordyk's presentation, "The Conversion of White Light to Solid State Lighting", will be available on our website at www.tirsys.com.

About Lexel™

The Lexel is a perfectly controllable new solid state light source incorporating light emitting diodes (LEDs) that has the potential to use up to 80% less energy to produce the same amount of light as a conventional light source and does not degrade its output or color temperature over its 50,000 hour life. Lexel combines breakthroughs in thermal design, optics, and feedback to provide precise color temperature control and dimming in a cost effective design, resulting in a truly intelligent light source for illumination.

About TIR Systems Ltd.

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 http://www.tirsys.com.

This News Release contains forward-looking statements concerning the development, design and marketing of SSL technology and its expected impact on the Company's business. Forward-looking statements are statements about the future and include, but are not limited to, our ability to develop, design and market and sell our products or technologies in response to the continuing change in technology, evolving industry standards and changing customer preferences and requirements. Such statements are inherently uncertain, and the actual events or results could be materially different than those anticipated in those forward-looking statements as a result of numerous factors, including without limitation, our ability to successfully address these developments on a timely basis or at all; as well the other risks and uncertainties affecting the Company and its business, as contained in the Company's most recent Annual Information Form and other subsequent news releases and filings with the Canadian Securities Regulatory Authorities, any of which could cause actual events or results to vary materially from the Company's expectations. Forward-looking statements are based on the beliefs, opinions and expectations of the Company's management at the time they are made, and the Company does not assume any obligation to update its forward-looking statements if those beliefs, opinions or expectations, or other circumstances should change.


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