SmarTire Announces New VP Sales and Marketing

RICHMOND, BC, Aug. 9, 2005 -- SmarTire Systems Inc. announced today that it has recruited David Warkentin as its new Vice President of Sales and Marketing.

Warkentin brings over 25 years of sales, sales management and marketing experience in emerging technology sectors to the company. Since 1985, he has held positions with companies such as Glenayre Technologies and John Fluke Manufacturing, which were active in various technology markets including wireless telecommunications and electronic security. Warkentin has also owned and managed companies in the dealer and distribution channels in the wireless telecommunications sector.

Warkentin was responsible for sales at Silent Witness during its growth from $25 million to $58 million culminating in the acquisition of the company by Honeywell Video Systems. Most recently, he was Vice President of Sales and Marketing for Intrinsyc Software International.

Al Kozak, CEO of SmarTire, said, "David Warkentin brings extensive experience in wireless technology growth markets, and his entrepreneurial outlook is consistent with the vision for SmarTire. He will be a perfect fit as Vice President of Sales and Marketing for our company."

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.

A comprehensive investment profile regarding SmarTire Systems Inc. may be found at http://www.hawkassociates.com/smartire/profile.htm.