SmarTire Systems Inc. announced today that it has retained Hawk Associates, Inc. to provide the company with investor relations and financial media relations services.
SmarTire’s president and CEO, Robert Rudman said, “Hawk Associates is one of the premier providers of investor relations services for Microcap companies. Julie Marshall and Frank Hawkins are highly regarded throughout the industry for having developed one of the most effective programs for helping small companies communicate successfully with investors. They are well known for the highly ethical manner in which they run their programs and for their extensive reach throughout the investment community. We look forward to working with them.”
Hawk Associates CEO, Frank Hawkins said, “Real time tire pressure monitoring is an automotive technology that will show explosive growth over the next few years. Following the legal chaos created by the highly publicized series of accidents involving the Ford Explorer and Firestone Tires, Congress passed the TREAD Act that requires that tire pressure monitoring systems become standard equipment on all light vehicles in a staged manner over the next five years. Other market segments including recreational vehicles, motorcycles, buses and commercial vehicles are beginning to adopt the technology. This has created an industry that is expected to become a multi-billion dollar market by 2007. SmarTire is extremely well positioned to benefit from this growth because of its experience and proprietary technology. We believe the next few years could be very exciting for SmarTire and the company’s shareholders.”
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