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Article: SmarTire President Reports on First Quarter Performance; As Industry Regulations Tighten, Company Expands Product Offering and Distribution Channels.
- Article from:
- PR Newswire
- Article date:
- November 20, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Robert Rudman, President and CEO of SmarTire Systems Inc. (OTCBB: SMTR) reports that the Company achieved solid performance during its first fiscal quarter ended October 31st, 2003 in terms of sales and marketing, product development, business relationships, manufacturing of its tire pressure monitoring systems (TPMS) and corporate development.
"SmarTire greatly expanded its presence in the TPMS industry during the first quarter of its 2004 fiscal year by achieving success on several levels," stated Robert Rudman. "New products were introduced, markets were expanded and important business relationships were established. As well, the recent decision by the Appeals ...