The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

SmarTire Systems Retains KCSA Worldwide for Investor Relations

5 August 1998

SmarTire Systems Retains KCSA Worldwide for Investor Relations


    RICHMOND, British Columbia--Aug. 4 1998-- SmarTire Systems, Inc. (OTC BB:SMTR) announced today that it has retained KCSA Worldwide, a New York-based investor and public relations firm, to support the Company in its efforts to create greater awareness about SmarTire and its investment potential.
    Commenting on the appointment, Robert Rudman, President and Chief Executive Officer of SmarTire Systems, said, "With our current plans for growth and enhancing shareholder value, KCSA's broad investor relations experience is essential in helping us to communicate our strategy more aggressively to the investment community as well as serving the information needs of the financial and business media."
    SmarTire is the developer and marketer of proprietary tire monitoring systems for the North American and European automotive market. The Company is pursuing the passenger car market segment in response to the introduction of the new "runflat" tires which operate up to fifty miles without pressure. Vehicles equipped with these tires require monitoring systems to alert the driver of pressure loss. Goodyear, Michelin and Bridgstone/Firestone have all approved the SmarTire(tm) system for use with their runflat tires. With its strategic partner, TRW Inc., the Company is committed to a major product development program to ensure that its tire monitoring systems lead the way in both aftermarket and original equipment applications.
    Additional information is available on the Internet at www.smartire.com.


    This release is available on the KCSA Worldwide Public Relations Website at www.kcsa.com