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Sirit Awarded Transponder Contract

PRESS RELEASE

TORONTO, CANADA—Sirit has secured an order valued up to $5.9 million from the Bay Area Toll Authority (BATA) in California. As of July 2006, Sirit delivers a combination of its traditional sealed and new battery replaceable Title-21-based toll transponders, including packaged tags available at retail locations. The one-year contract is a follow-on to a deal announced in October 2005, which originally was expected to satisfy BATA's transponder requirements through November of this year.

See sirit.com.



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