Bell Equipment Selects SmarTire Products for its Industrial and Construction Equipment

RICHMOND, British Columbia, July 10 -- SmarTire Systems Inc. (BULLETIN BOARD: SMTR) announced today that Bell Equipment Limited has selected SmarTire to provide its SmartWave(TM) tire pressure monitoring system (TPMS) for installation on its industrial and construction equipment. Bell is a global South African supplier of heavy-duty equipment and articulated vehicles.

Timothy Ellis, product designer of Bell Equipment, said, "At Bell, we aim to offer our customers innovative equipment designed to the highest technical and operational standards. Ever improving vehicle safety is important to many of our customers, and SmarTire's innovative TPMS will help us meet that objective."

Nigel Hammond, managing director of SmarTire Europe Ltd., said, "Last year Bell Equipment successfully conducted rigorous testing of our product with more than 10,000 hours of field trials. Bell is taking the lead in its industry by installing TPMS on its equipment. We are pleased to assist Bell in meeting its customers' needs and to become a supplier for such a forward- thinking organization."

SmartWave TPMS provides significant value to customers in off-the-road (OTR) markets due to the high cost and limited availability of specialist tires. In addition, minimization of downtime by improving vehicle safety and performance is a critical consideration for all users of OTR equipment.

About Bell Equipment

Bell Equipment is a global supplier of heavy-duty equipment and articulated vehicles. Bell is listed on the JSE Securities Exchange of Johannesburg under the Engineering & Machinery sector, JSE code BEL. For more information, visit http://www.bellequipment.com/ .

About SmarTire Systems Inc.

SmarTire develops and markets proprietary advanced wireless sensing and control systems worldwide under the SmartWave(TM) trademark. The company has developed numerous patent-protected wireless technologies and advanced tire monitoring solutions since it was founded in 1987. The company's proprietary SmartWave platform provides a foundation for the addition of multiple wireless sensing and control applications. The initial product release on the SmartWave platform is SmartWave TPMS, which leverages on the company's background and knowledge in tire monitoring solutions. SmarTire has offices in North America and Europe. For more information about SmarTire Systems Inc., visit http://www.smartire.com/ .

A comprehensive investment profile regarding SmarTire Systems Inc. may be found at http://www.hawkassociates.com/smartire/profile.php . Investor relations information can be found at http://www.hawkassociates.com/ , http://www.americanmicrocaps.com/ and http://www.agoracom.com/IR/SmarTire . Investors may contact Ken AuYeung or Frank Hawkins 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 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.