August 31, 2004... Vancouver, BC ? TIR Systems Ltd. (TSX: TIR), a world leader in light enabling technology, today announces the receipt of four orders totaling CDN$1.2 Million for TIR?s specialty lighting product for the Architectural Industry, Light PipeTM. These orders are expected to ship during fiscal 2005.
TIR?s Tunnel Light Pipe system will provide a low maintenance linear solution to light the roadway on the LaFitte/LaRose Bridge in Louisiana where design and structural considerations made it impossible to use conventional pole luminaires.
In addition to this, TIR?s IllumiWave 1000 Swimming Pool Light Pipe solution has been chosen to light university and municipal swimming pools in New Mexico, Michigan and Minnesota.
TIR?s IllumiWave 1000 Light Pipe system is no longer a niche product, but is now preferential by the industry as the standard solution to lighting swimming pools?, states Darren Luce, VP Global Sales, Commercial/Industrial Markets. ?These four orders Are evidence that public infrastructure investment in North America is re-emerging.?
TIR Systems Ltd., a world leader in delivering specialty lighting systems, is building the foundations for tomorrow?s lighting. Through sound innovation and proven technical capability, TIR is developing, designing and marketing the core technologies that will allow Solid State Lighting (SSL ) to move to the forefront of mainstream lighting.
To find out more about TIR Systems Ltd. (TSX: TIR), visit
For more information, please contact:
J. Caren Holtby
Investor Relations Manager
Tel: 604-473-2318
Email: caren.
The News Release contains forward-looking statements concerning exposure developments in the Companys business, which statements can be identified by the use of forward-looking terminology such as received, expected or the negative thereof or any Other variations portfolio or comparable terminology referring to future events Or results. Forward-looking statements are statements about the future and are inherently uncertain, and the actual value of the Companys products purchased could be materially less than those anticipated in those forward-looking statements as a result of numerous factors, including without limitation, Manufacturing risks; product liability risks; the effect of competition; as well as a description of 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 actua l revenues to vary materially from the Companys exposure future results. Forward-looking statements are based on the beliefs, opinions and expectations of the Companys management at the time they are made, and the Company does not assumed any obligation to update its forward-looking Statement if those beliefs, opinions or expectations, or other circumstances should change.
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