Sirit's IDentity MaX Arrives in Europe

    ETSI compliant version of Parking and Access Control solution aimed at
    new market

    BIRMINGHAM, UK, April 17 /CNW/ - Sirit Inc. ("Sirit") (TSX: SI), a
leading provider of radio frequency identification (RFID) technology, today
introduced the European (ETSI compliant) version of its market leading
IDentity MaX UHF RFID reader for use in secure parking and vehicle access
control deployments.
    Offering superior performance characteristics, the European version of
the IDentity MaX' integrated reader and antenna design operates at the 865-868
MHz band and delivers solid Automatic Vehicle Identification ("AVI")
performance for single-lane read applications.
    Encased in a weather-proof enclosure, weighing approximately 5.5 kg and
measuring 31 centimetres by 25 centimetres, the IDentity MaX fits into the
smallest installation footprints and seamlessly integrates into commercially
available third party access systems. With Power over Ethernet capabilities, a
single cable can carry both power and data communications making the IDentity
MaX well suited for either retrofit or new facility installations. The MaX
delivers read ranges of up to ten feet using the new IDentity MaXpass
transponder (credit card form factor) allowing access permission without
having to stop the vehicle.
    "Answering calls from our distributors and system integrator partners for
a European version of the IDentity MaX, we are pleased to introduce Sirit and
our Parking and Access solutions to a new market," said John Freund, Vice
President, AVI Solutions, Sirit Inc. "Sirit has received tremendous interest
within North and South America even expanding beyond traditional parking and
access control applications and we are confident that the ETSI version will be
equally successful."
    Early production units are now available through Sirit's global
distribution network of leading parking and access control integrators and
service providers. Sirit will showcase the IDentity MaX as well as its global
suite of AVI products at Parkex 2007 Conference, National Exhibition Centre -
Booth A115, Birmingham, UK from April 17 - 19, 2007.

    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 13 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.

    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 16, 2006 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.

    %SEDAR: 00002711E

For further information:

For further information: Lorelei L. Luchkiw, Sirit Inc., (416) 367-1897

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