RICHMOND , British Columbia, June 14 /PRNewswire-FirstCall/ -- SmarTire Systems Inc. (OTC Bulletin Board: SMTR) today announced that it has signed an agreement to supply its Smart Wave tire pressure monitoring system (TPMS) to Deere & Company, maker of the well-known John Deere vehicles.

"We're very pleased to be working with Deere & Company, a leading global manufacturer of vehicles in the construction, mining and forestry sectors," SmarTire CEO Dave Warkentin said. "The off-road (OTR) market is a key part of our business strategy and we believe that our agreement to supply Deere &Company is a major step forward in our effort to penetrate the OEM segment of that market. We are excited that the engineering phase has been successfully completed and expect production to begin soon."

Smart Wave TPMS is a real-time electronic system that actively and accurately measures the air pressure and temperature for each tire on a vehicle. The system transmits data wirelessly to a receiver mounted on the vehicle, and displays the information in the cab. Smart Wave TPMS simplifies the tire maintenance process resulting in an overall reduction of fleet operating costs. Whether it's alerting the driver to a specific under-inflated tire or providing fleet maintenance staff with the capability to quickly and accurately measure tire pressure, Smart Wave TPMS is an invaluable tool for fleets. Suitable for all wheel and tire types, Smart Wave TPMS can be installed at any point in the vehicle's life.

About SmarTire Systems Inc.

SmarTire develops and markets proprietary advanced wireless sensing and control systems worldwide under the Smart Wave(TM) trademark. SmarTire has developed numerous patent-protected wireless technologies and advanced tire monitoring solutions since it was founded in 1987. Its proprietary Smart Wave(TM) platform provides a foundation for the addition of multiple wireless sensing and control applications. The initial product release on the SmartWave platform is Smart Wave(TM) TPMS, which leverages on SmarTire's background and knowledge in tire monitoring solutions. SmarTire has offices in North America and Europe .

For more information, visit http://www.smartire.com