SmarTire Signs With Travel Technology Innovations

SmarTire Systems Inc has announced that it has signed an agreement with Travel Technology Innovations, LLC (TTI) to distribute SmarTire’s active tyre monitoring systems. TTI is a newly formed, Detroit based joint venture between Detroit Chassis LLC and Redmer Industries that was created to market and sell SmarTire products. Both companies bring an extensive and successful track record of supplying original equipment and aftermarket parts and services to the automotive, recreational vehicle and transportation industries.

The agreement includes the distribution, sales, and marketing of SmarTire’s products for the automotive, bus, recreational and commercial vehicle industries. TTI plans to rapidly introduce SmarTire products to both their original equipment and aftermarket target customers. According to SmarTire, this agreement supersedes and the distribution agreement with Redmer Industries that the company announced on 18 October 2004.

“We are very excited to take this important step with SmarTire,” says Carlton Guthrie, CEO of Travel Technology Innovations. “SmarTire’s active tyre monitoring technology is the most advanced and proven in the market and will make a significant improvement to both the safety and performance of vehicles across the entire automotive, RV and transportation industries.”