Sirit Installs First Electronic Vehicle Monitoring System in Mexico

    Electronic vehicle registration system to address public safety concerns

    TORONTO, June 23 /CNW/ - Sirit Inc. ("Sirit") (TSX: SI), a leading
provider of radio frequency identification ("RFID") technology, along with its
partner, Axiompass, a leading integrator and supplier of tolling equipment and
RFID systems across Mexico, announces the successful implementation of the
first electronic vehicle registration ("EVR") monitoring system in Mexico. The
system was inaugurated by Mexican President Felipe Calderón today.
    Utilizing Sirit's stationary automatic vehicle identification ("AVI")
monitoring technology, vehicles are tracked as they pass through the Alpuyeca
toll plaza and mobile AVI monitoring technology in Cuernavaca, both in the
State of Morelos. Sirit's reader and lane controller technology read the
REPUVE (National Public Vehicle Registry) tag while cameras also capture an
image of the license plate. The data is then transmitted to a central database
which matches the data to vehicles of interest. This enables the various
regional enforcement agencies to recognize identified vehicles on a watch list
and take appropriate action as the vehicle travels along the highway.
    Initial plans suggest this monitoring system will be implemented
throughout the State of Morelos, with the potential for additional states to
be implemented before year end through various RFP processes.
    "I am very impressed with the sophistication and ease of implementation
of Sirit's technology which enabled the entire system to be installed in under
a month," commented José Antonio Romero Santoyo, Vice President Operations,
Axiompass. "The system is functioning beyond expectations and can be easily
integrated into similar installations throughout Mexico."
    "I am very excited that the Secretaria de Seguridad Publica has chosen
Sirit's technology for their first installation. We have leveraged our 15
years of experience from the installation and operation of various tolls roads
throughout the United States, such as the SR 91 toll road in southern
California, and applied our knowledge to this new system in Mexico," added
Wolf Bielas, President Latin America, Sirit.

    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 15 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 can be 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

    About Axiompass

    Axiompass is a leading integrator of person and vehicle identification
systems in North America. Axiompass' products include automatic vehicle
identification, identity management, access control, electronic documents, and
secure electronic payment. Axiompass bases its technology solutions on
smartcard, biometric, and RFID technology. For more information, visit

    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 and Canadian provincial securities legislation. These forward-looking
statements relate to, among other things, Sirit's objectives, goals,
strategies, intentions, plans, beliefs, expectations and estimates, and can
generally be identified by the use of words such as "may", "will", "could",
"should", "would", "suspect", "outlook", "expect", "intend", "estimate",
"anticipate", "believe", "plan", "forecast", "objective" and "continue" (or
the negative thereof) and words and expressions of similar import, and may
include statements concerning possible or assumed future results, financial
outlook and/or future-oriented financial information. Although Sirit believes
that the expectations reflected in such forward-looking statements are
reasonable, 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. Important factors that could cause
actual results to differ materially from expectations include but are not
limited to: Sirit's ability to achieve commercialization and/or commercial
acceptance of its RFID technology; the evolution of, and adoption rate in, the
RFID market; Sirit's inability to expand sales both within and outside its
traditional markets; changes in Sirit's strategic relationships; Sirit's
dependence on resellers, distributors and significant customers; the utility
of research and development expenditures undertaken by Sirit; product defects;
increased levels of competition; changes in laws and regulations; foreign
exchange fluctuations; and Sirit's overall liquidity and capital resources.
These and other important risks are discussed in further detail in the section
entitled "Risks Factors" in Sirit's Annual Information Form dated March 13,
2009 and in Sirit's management's discussion and analysis found in its 2008
annual report 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. Unless
otherwise required by law, Sirit does not undertake any obligation to update
any forward-looking statements contained in this news release as a result of
new information, further events or otherwise. This cautionary statement
expressly qualifies the forward-looking information in this news release.

    "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: Tawnya Clark, Sirit Inc., (619) 393-2645,

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