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07/27/06 - Vancouver , BC – TIR Systems Ltd. (TSX: TIR), announces that Ardee Lighting of Shelby, North Carolina, a division of JJI Lighting Group of Greenwich, Connecticut has signed a strategic development agreement to become the first JJI Lighting Group operating company to join TIR’s consortium of companies developing and marketing lighting products based on its award-winning lexel™ technology. Floyd Rose, Marketing Manager of Ardee Lighting, states, “lexel™’s superior quality, performance, functionality and control are a perfect fit with Ardee Lighting’s portfolio of intelligent lighting products.” Leonard Hordyk, President & CEO of TIR Systems Ltd. says, “We are very pleased to be entering into our first relationship with a division of the JJI Lighting Group. Ardee Lighting’s products and positioning in the lighting market make Ardee Lighting a logical fit for the lexel™.” Hordyk added, “Our agreement with Ardee Lighting, following six others made with lighting companies in North America, Europe and Japan, shows lexel™’s growing acceptance in the global lighting marketplace.” About Ardee Lighting Ardee Lighting was founded in 1985 by Herbert Freed and acquired by JJI Lighting Group in 1996, is an innovation-driven manufacturer of display/accent, retail, landscape and interior lighting products. JJI Lighting Group, prior to its acquisition in May 2006 by Genlyte Group Inc. of Louisville Kentucky, was one of the largest privately held lighting companies in the United States. JJI has 15 branded business units (13 based in the US and 2 in Europe) which focus on specification-grade products. The Genlyte Group Incorporated controls a 100% interest in Genlyte Thomas Group LLC, which is a leading manufacturer of lighting fixtures, controls, and related products for the commercial, industrial and residential markets. Genlyte Thomas sells lighting and lighting accessory products under the major brand names of Capri, Chloride Systems, Crescent, Day-Brite, Gardco, Hadco, Ledalite, Lightolier, Lightolier Controls, Lumec, Shakespeare Composite Structures, Stonco, Thomas, Vari-Lite, Wide-Lite, and Canlyte. To find out more about Ardee Lighting, visit http://www.ardeelighting.com. To find out more about the JJI Lighting Group, visit http://www.jjilightinggroup.com. To find out more about the Genlyte Group, Inc., visit http://www.genlyte.com About Lexel™ The Lexel™ is a perfectly controllable new solid state light source incorporating light emitting diodes (LEDs) that has the potential to use up to 80% less energy to produce the same amount of light as a conventional light source and does not degrade its output or color temperature over its 50,000 hour life. lexel™ combines breakthroughs in thermal design, optics, and feedback to provide precise color temperature control and dimming in a cost effective design, resulting in a truly intelligent light source for illumination. About TIR Systems Ltd. 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 www.tirsys.com. |