Sirit Appoints Pioneering RFID Engineer to Lead Development Team

TORONTO, Nov. 23 /CNW/ - Sirit Inc. (TSX: SI), a leading provider of
radio frequency identification (RFID) reader technology, today announced the
appointment of Bruce Roesner to the position of Chief Technology Officer and
Vice President of Engineering, effective immediately. In this role, Mr.
Roesner will manage the Company's RFID product and solutions development
across all application areas.
"Earlier this year, we began a working relationship with Bruce on a
development project during which we realized that with his broad and extensive
RFID acumen, Bruce was the logical fit to head our overall corporate
development team," said Norbert Dawalibi, President and CEO of Sirit Inc.
"Bruce has been a forerunner in the RFID market for years and is well
respected among industry leaders for his vision and ability to translate it
into leadership products and solutions. I am joined by the entire Sirit
management team in welcoming him to his new role."
After starting his career with industry leaders like Hughes Aircraft
Company, Burroughs Corporation and Applied Micro Circuits, Bruce has been an
entrepreneur and technologist in the domains of IC design and RFID. He was the
founder of a number of technology companies including Instant Circuit
Holdings, SCS Corporation and ClarIDy Solutions. He was instrumental in the
development of low-cost RFID tags used in inventory tracking and control
applications which won him "Most Innovative Product" and "Entrepreneurial Team
of the Year" awards. Mr. Roesner is the author of numerous publications and
presentations on the subject of high technology electronics including RFID. He
is also the holder of over 25 patents and earned a M.S.E.E. and Ph.D. in Solid
State Electronics from Purdue University.
"Sirit has made important contributions to the RFID industry for years
and in particular over the past 9 months with the introduction of the INfinity
510 UHF fixed reader and the IDentity MaX reader solutions," said Bruce
Roesner, Chief Technology Officer and Vice President, Engineering for Sirit
Inc. "Now is the time to take Sirit to the next level; to expand our current
product offerings, leverage our core technology and to advance the adoption of
RFID across multiple application areas. With an impressive team of talented
and dedicated engineers, I am looking forward to the many opportunities
ahead."

About Sirit Inc.
Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency
Identification (RFID) technology 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 12 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 RFID market
applications including Supply Chain & Logistics, Cashless Payment (including
Electronic Tolling), Access Control, Automatic Vehicle Identification,
Inventory Control & Management, Asset Tracking and Product Authentication. For
more information, visit www.sirit.com.

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", 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.