SmarTire Adds AGORA to Enhance Online Investor Relations Communications

RICHMOND, British Columbia, Dec. 7, 2005 -- SmarTire Systems Inc. (BULLETIN BOARD: SMTR) announced today that it has retained AGORA Investor Relations Corp. ( http://www.agoracom.com/ ) as an online supplement to investor relations services provided by Hawk Associates.

AGORA's customized and monitored SmarTire IR HUB ( http://www.agoracom.com/IR/SmarTire ) allows SmarTire to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to the SmarTire broker fact sheet, a company summary, five most recent press releases, e-mail list registration, latest stock quote and chart information, and an executive audio address updated quarterly. In addition, the IR HUB provides investors with a monitored discussion forum for constructive and high-quality discussion about the company that is free of spam, bashing, hyping and profanity.

AGORA will also be responsible for creating, implementing and executing a supplemental online investor awareness program for SmarTire.

SmarTire President and CEO Al Kozak said, "Given the company's recent developments and the announcement of the SmartWave(TM) brand for Wireless GateWay Product Line, we believe the time has come to increase online awareness of our company in the investment community. AGORA will manage and execute an enhanced online IR strategy in a cost-efficient manner, while providing our management team with the ability to focus on company strategy and our business plan. In this Internet age, our company will benefit from increased online exposure of our investor relations program and this additional venue for near real-time communications and regular company updates."

  This agreement has been negotiated entirely at arm's length.

  About AGORA Investor Relations Corp.

AGORA Investor Relations Corp. ( http://www.agoracom.com/ and http://www.agorair.com/ ) is located in Toronto, Ontario. AGORA's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community. The digital delivery of investor relations also provides public companies with savings over traditional services ranging from 50-60%.

AGORA has specialized in small-cap investor relations since 1997 and is the exclusive provider of all content to the AOL Small Cap Channel.

About SmarTire Systems Inc.

SmarTire develops and markets proprietary advanced wireless sensing and control systems worldwide, including tire pressure monitoring systems for global vehicle markets. 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. This has raised the awareness for tire monitoring throughout the vehicle industry, and SmarTire is capitalizing on the rapidly emerging original equipment manufacturer (OEM) and aftermarket opportunities. 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 .

An investment profile, a comprehensive online investor relations kit, SEC filings and other useful investor information regarding SmarTire Systems Inc. can be found at http://www.hawkassociates.com/SmarTire and http://www.americanmicrocaps.com/ . In addition, this press release is available for investor commentary, questions, near real-time answers and monitored discussion in the SmarTire IR HUB at http://www.agoracom.com/IR/SmarTire . Alternatively, investors are able to e- mail questions directly to SMTR@agoracom.com or contact Frank Hawkins and Julie Marshall of Hawk Associates at (305) 451-1888, e-mail: info@hawkassociates.com .

Except for historical information contained herein, the matters discussed in this news release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. When used in this news release, the words "expects," "may," "will" and similar expressions identify certain of such forward-looking statements. Actual results, performance, or achievements could differ materially from those contemplated, expressed or implied by the forward- looking statements contained herein. These forward-looking statements are based largely on the expectations of SmarTire and are subject to a number of risks and uncertainties that are subject to change based on factors, which are, in many instances, beyond SmarTire's control. These include, but are not limited to, risks and uncertainties associated with: SmarTire's, AGORA's and Hawk's ability to successfully implement and execute the investor relations strategy, the effects of competitive pricing, SmarTire's dependence on the ability of third-party manufacturers to produce components on a basis that is cost-effective to SmarTire, market acceptance of SmarTire's products, SmarTire's ability to keep up with technological advances in the industry, the effect of competitive products and the effects of governmental regulations. SmarTire cautions that the foregoing factors are not exhaustive.