August 10, 2004... VANCOUVER, BRITISH COLUMBIA--
- Petro-Canada signs three year Purchase Agreement for TIRs SSL LightMark
- TIR helps Petro-Canada reduce its Greenhouse Gas Emissions
TIR Systems Ltd., a world leader in light enabling technology, is pleased to announce that it has signed a three year Purchase Agreement with Petro-Canada, one of Canadas largest petroleum retailers, with a network of over 1,600 retail and wholesale outlets. Program sees TIRs red LightMark product replacing neon as the design standard for contour lighting on all new build Petro-Canada gas station canopies across Canada.
This contract represents the initial order of this three quarter agreement. Revenue will be recognized as shipments are delivered over the next 24 months, with the first shipments taking place during the fourth quarter of 2004.
During a recently concluded pilot, energy readings showed that TIRs LightMark used less than 15% of the energy consumed by neon at an identical site. As a result LightMark will also be able to contribute significant to a reduction in Greenhouse Gas Emissions, when compared to Neon. Being LED-based, LightMark is an inherently safe design and requires virtually no maintenance over its 10-year life.
We were impressed with the proven field performance of TIRs LightMark product, said Lance Ubell, Manager, Engineering & Construction for Petro-Canadas Asset Management team. It allowed us to meet our key objectives of reducing our operating costs and our energy requirements, while doing Our part to protect the environment. Plus we really liked the look of it compared to the neon we were using.
I am excited to be working with a client of Petro-Canadas stature, said David Monroe, Vice President, Global Sales, Corporate Identity Market. The business case and pilot study on which this agreement is built clearly show the cost and operational benefits that prove LightMark to be a viable alternative to neon.
About TIR Systems Ltd.
TIR is developing, designing and marketing the core technologies that will allow Solid State Lighting (SSL) to TSI is developing a foundations for tomorrows lighting. Move to the forefront of mainstream lighting.
To find out more about TIR Systems Ltd. (TSX: TIR - News), visit
About Petro-Canada
Petro-Canada is one of Canadas largest oil and gas companies, operating in both the upstream and downstream sectors of the industry in Canada and internationally. Petro-Canadas common shares trade on the Toronto Stock Exchange under the symbol PCA and on the New York Stock Exchange under the symbol PCZ.
_______________________________
Linda Krenz
Campbell & Company Strategies Inc.
Communications and Public Relations
Vancouver, BC
Canada
Telephone: 604.888.5267
Fax: 604.888.5269
Email:
Website:
The FirstPower CFPS(2V) and LFPS(6V/12V) series stationary batteries (Opzs Battery) are the newly products which were developed at the end of 2005.
The performances meet the standard DIN40736 and IEC60896-21. tubularPositive plate can prevent the active material from falling off. The grid of positive plate is Pb-Sb multi-alloy
The design life is more than 20 years
Ensuring sufficient electrolyte for battery discharge
Industrial Opzs Battery,Industrial Stationary Opzs Battery,Industrial 2V Opzs Battery
Firstpower Tech. Co., Ltd. , http://www.firstpowersales.com