Sirit, TAGSYS Announce RFID Technology Partnership

    Sirit's UHF reader technology and TAGSYS' RFID infrastructure combine to
    deliver turnkey, high-performing RFID solution

    TORONTO, Feb. 21 /CNW/ - Sirit Inc. ("Sirit") (TSX: SI), a leading
provider of radio frequency identification ("RFID") technologies, today
announced a comprehensive partnership with TAGSYS, a global leader in
item-level RFID infrastructure. The partnership further reinforces Sirit's
position as the leading supplier of UHF reader technology and provides TAGSYS
with a more powerful RFID infrastructure, enabling companies to rapidly deploy
and maintain RFID solutions.
    As part of the agreement, TAGSYS will release its RXU-400 UHF fixed
reader built on Sirit's performance-leading INfinity 510 platform. Also,
TAGSYS' integrated tunnel systems, with proven capability to deliver Six Sigma
performance, will be developed for UHF item-level applications powered by
Sirit's reader technology.
    "We are pleased to reach an agreement with TAGSYS that leverages each
company's strengths and core competencies," stated Tony Sabetti, vice
president, RF Solutions for Sirit. "The INfinity 510 has proven to provide
outstanding performance in the types of implementations in which TAGSYS is
involved due to its strong feature-set and proprietary tag acquisition
algorithms. TAGSYS leads the way in RFID applications for several key markets,
such as fashion and pharmaceuticals, and we look forward to further developing
this solutions-based relationship."
    "Bringing together complementary technologies from Sirit and TAGSYS
represents an important milestone in our ability to bring the best technology
to our customers, which leads to integrated, application-specific systems that
exceed customer expectations," said Fred Kohout, chief marketing officer for
TAGSYS. "We performed extensive testing and evaluation of various readers, and
Sirit's INfinity 510 platform is clearly the type of product we want to
deliver to our customers in terms of performance, reliability, and reader
management capabilities."
    The technology partnership also includes e-connectware(TM), the
innovative software from TAGSYS that remotely manages and optimizes RFID
networks in real-time. e-connectware enables high-quality service levels and
ensures data accuracy and integrity in item-level tagging. Sirit will certify
the INfinity 510 and the RXU-400 from TAGSYS for compatibility with
    "The INfinity 510 continues to live up to its 'best in class' reputation
as is evidenced by customer field tests, the ODIN technologies European Reader
Benchmark(TM) report, and now the selection by TAGSYS as its primary UHF
reader platform," continued Sabetti. "Along with outstanding field performance
with large tag populations in challenging environments, our customers also
tell us the broad portfolio of configuration and enterprise management tools
set the INfinity 510 apart from competitive readers."
    TAGSYS will display the RXU-400 and its UHF product family at Euroshop in
Dusseldorf, Germany, from Feb 23 through Feb 27, 2008 in booth D11, Hall 7A.
Sirit will also exhibit their reader solutions for the retail market in
booth D20, Hall 7A at Euroshop.

    About Sirit

    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 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 TAGSYS

    TAGSYS is the global leader in item-level RFID infrastructure. TAGSYS
provides RFID systems and tags for end-to-end item-level tracking that
automates labor-intensive processes, authenticates and safeguards goods, and
enables real-time inventory and asset visibility. With a proven track record
of delivering Reliable, Accurate and Secure (R.A.S.) RFID systems and tags,
TAGSYS has deployed over 100 million tags and 60,000 reader systems to over
500 customers in more than 40 countries. TAGSYS' RFID solutions are currently
being deployed in a range of highly specialized vertical markets that include
pharmaceutical, fashion apparel, libraries, and textile rental. The company is
headquartered in Cambridge, Massachusetts with offices and R&D Centers in
France, in Pennsylvania and in Hong Kong. More information on TAGSYS can be
found at e-Connectware is a registered trademark of

    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 x2134,

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