Sirit Inc. Notice of Third Quarter Results Conference Call

    TORONTO, Oct. 31 /CNW/ - Sirit Inc. ("Sirit") (TSX: SI), a leading
provider of radio frequency identification ("RFID") technology, will host a
conference call on Tuesday, November 13, 2007 at 10:00 a.m. (EST) to discuss
its fiscal 2007 third quarter financial results. Norbert Dawalibi, President
and CEO and Anastasia Chodarcewicz, Vice President Finance and CFO, will
review Sirit's financial and operating results.
    A question-and-answer session will follow, at which time the operator
will direct participants as to the correct procedure for submitting questions.
Sirit will report its financial results via news release prior to market
opening on Tuesday, November 13, 2007.

    DATE:                 Tuesday, November 13, 2007

    TIME:                 10:00 a.m. (EST)

    WEBCAST:              A live audio Webcast of the call will be available
                          at The Webcast will be archived on
                          this site for 90 days.

                          Please connect to the Web site at least 15 minutes
                          prior to the conference call to ensure adequate
                          time for any software download that may be needed
                          to hear the Webcast.

    TAPED REPLAY:         1-877-289-8525 or 416-640-1917 - Available
                          approximately 1 hour after the call and then until
                          Tuesday, November 20, 2007 at midnight.

    REFERENCE NUMBER:     21252185 followed by the number sign

    About Sirit Inc.

    Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency
Identification (RFID) solutions 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 contactless
market applications including Near Field Communication, Supply Chain &
Logistics, Cashless Payment (including Electronic Tolling), Access Control,
Automatic Vehicle Identification, Inventory Control & Management, Asset
Tracking and Product Authentication.

For further information:

For further information: Lorelei L. Luchkiw, Director, Marketing and
Communications, Sirit Inc., (416) 367.1897 x249,

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