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    SmarTire sales up in China

    Aug. 7, 2003
    SmarTire Systems Inc. announced today that it has seen increased demand for its aftermarket tire pressure monitoring products in the Chinese market. Shipments to Chinese distributors accounted for approximately 40% of global aftermarket sales in the fourth quarter versus approximately 15% in the third quarter. "We are very pleased with the initial success that our products have enjoyed in China,"
    SmarTire Systems Inc. announced today that it has seen increased demand for its aftermarket tire pressure monitoring products in the Chinese market.

    Shipments to Chinese distributors accounted for approximately 40% of global aftermarket sales in the fourth quarter versus approximately 15% in the third quarter.

    "We are very pleased with the initial success that our products have enjoyed in China," president & CEO Robert Rudman said. "Our Chinese distributors have demonstrated strong commitment and support for our tire pressure monitoring systems."

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