September 15, 2004... TIR?s Architectural LED-based lighting products gain momentum in the Commercial and Industrial markets
Vancouver, BC ? TIR Systems Ltd. (TSX: TIR), a world leader in light enabling technology, today announces the receipt of several orders totaling $1.2 Million for applications featuring its specialty Solid State Lighting (SSL) products. The majority of these orders Are expected to ship during fiscal 2005.
TIR added five new products to its specification grade Solid State Lighting range with launches at Lightfair International, Las Vegas, in April this year, followed soon after with launches in Europe and Asia.
As a result of the availability of these high performance color changing products, these orders represent projects not only in Canada and the USA, but in Asia and Europe. The installations range in application from entertainment complexes such as theatres and casinos to traditional architectural use on Buildings and bridges.
?These sales indicate that TIR has been successful in developing products with advanced technological capability which are immediately applicable to today?s market and are successfully competing with conventional lighting?, states Darren Luce, VP Global Sales, Commercial/Industrial Markets.
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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