Sirit Inc. and Japan Information System Co. Ltd. Reach OEM Agreement



    JIS to market customized version of Sirit's INfinity 510 RFID reader in
    Japan

    TORONTO, Nov. 26 /CNW/ - Sirit Inc. ("Sirit") (TSX: SI), a leading
provider of radio frequency identification ("RFID") technology, announced
today that Japan Information System Co. Ltd. ("JIS") has agreed to sell a
customized version of Sirit's INfinity 510 RFID reader in Japan. JIS intends
to make this product their flagship UHF reader and expects it will be
available to customers in early 2008.
    JIS is a system integration company established in 1994 with broad-based
experience in RFID and other technologies that provide information management
solutions for a wide array of customers. Turn-key systems delivered by JIS
encompass hardware, customized software, installation and training. Their
version of the INfinity 510 will be installed into a number of applications
including supply chain, logistics, healthcare, asset tracking, manufacturing,
airline baggage, parking access, and factory automation.
    "We are pleased to have an outstanding company like JIS selling the
INfinity 510 platform in the Japanese market and other regions," stated Tony
Sabetti, vice president, RF Solutions for Sirit Inc. "We greatly value their
extensive experience in all RFID technologies and we look forward to
developing a long-standing relationship with their team."
    Under the agreement, Sirit will utilize the INfinity 510 platform and
provide customized feature enhancements that meet JIS customers' unique
configuration requirements. The JIS version of the product will incorporate
all of Sirit's proprietary tag acquisition algorithms, extensive reader
management tool-kit, and user-friendly documentation.
    "Sirit has shown to have an excellent reputation for building
full-featured, reliable products," said Isao Tomon, president of Japan
Information System Co. Ltd. "As confirmed by several third-party studies and
through our comprehensive evaluation process, Sirit's INfinity 510 was found
to provide superior performance to competitive readers. Our company is excited
about adding this product tailored for the Japanese market to our portfolio of
solutions."
    As part of the OEM Agreement, JIS will be obtaining and maintaining all
of the necessary regulatory approvals in Japan in addition to providing
localized support tools.

    About Japan Information System CO, Ltd. (JIS)

    Headquartered in Tokyo, Japan, JIS has been providing information
technology systems since 1994 in the areas of supply chain, logistics,
security, healthcare, asset tracking, manufacturing, airline baggage, parking
access, and factory automation. Providing hardware, software and integration
services, JIS has experience in delivering active and passive RFID solutions
using all types of RFID technologies. JIS has also recently won contracts to
install systems for libraries, laundries, and medical facilities. Key partners
of JIS are Microsoft, Hewlett-Packard (Japan), Nippon Yusen, Yagi Antenna,
Mitsubishi Electric, Hokushin Electric Co., and TOSCO. JIS customers include
Toyota, Toshiba, Honda, NTT Docomo and Tokyo Metropolitan Government. For more
information, visit www.jis-rfid.co.jp.

    About Sirit Inc.

    Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency
Identification (RFID) technology worldwide. Harnessing the power of Sirit's
enabling-RFID technology, customers are able to more rapidly bring high
quality RFID solutions to the market with reduced initial engineering costs.
Sirit's products are built on more than 14 years of RF domain expertise
addressing multiple frequencies (LF/HF/UHF), multiple protocols and are
compliant with global standards. Sirit's broad portfolio of products and
capabilities are easily customized to address new and traditional RFID market
applications including Supply Chain & Logistics, Cashless Payment (including
Electronic Tolling), Access Control, Automatic Vehicle Identification, Near
Field Communications, Inventory Control & Management, Asset Tracking and
Product Authentication. For more information, visit www.sirit.com.

    Cautionary Note Regarding Forward Looking Statements

    Safe Harbor Statement under the United States Private Securities
Litigation Reform Act of 1995: Except for the statements of historical fact
contained herein, the information presented constitutes "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievement of Sirit to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Readers are cautioned not to place undue reliance
on these forward-looking statements. Actual results may differ materially from
those indicated by these forward-looking statements as a result of risks and
uncertainties impacting Sirit's business which are discussed in the section
entitled "Description of the Business - Risks Factors" in Sirit's Annual
Information Form dated March 19, 2007 as filed with the securities regulatory
authorities in Canada via SEDAR. Although Sirit has attempted to identify
important factors that could cause actual results to differ materially, there
may be other factors that cause results not to be as anticipated, estimated or
intended. Sirit does not undertake any obligation to update any
forward-looking statements contained in this document as a result of new
information, further events or otherwise.

    "Sirit", the Sirit Design and "vision beyond sight" are all trademarks of
Sirit Inc. All other names of actual companies and products mentioned herein
may be the trademarks of their respective owners.





For further information:

For further information: Bill Allen, Sirit Inc., (972) 243-7208 x 2134,
ballen@sirit.com; Lorelei Luchkiw, Sirit Inc., (416) 367-1897 x 249,
lluchkiw@sirit.com

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