Sirit Hits Market Milestone

250,000th RFID reader rolls off production line

TORONTO, Sept. 7 /CNW/ - Sirit Inc. (TSX: SI), a leading provider of
radio frequency identification (RFID) technology, today announced that it has
achieved a market milestone as over a quarter of a million of its leading RFID
readers have been shipped to date, including readers from both the IDentity
and INfinity series of products.
During the second quarter of 2005, Sirit surged into the number one
market share spot worldwide for EPC UHF handheld modules, with total shipments
year to date of over 1,500 units including an order of 1,000 units for
deployment by a major OEM for a retail application. Cited by OEM customers
worldwide for reliability, ease of integration and high level of technical
design support, Sirit's range of RFID readers are available in several
different configurations with varying frequency and protocol capabilities. The
Sirit readers have been applied to applications in supply chain, logistics,
product verification, cashless payments & retail inventory control, to name a
few.
"Sirit has been integral to Belgravium's success in bringing our RFID
products to market," commented Mike Turner, Marketing Manager, Belgravium Ltd.
"Today, Sirit provides the RFID engine in every Belgravium hand held device.
Their expertise in RF design and exceptional engineering support translated
into reduced costs to our design process and faster time to market of our
products."
"Sirit's go to market strategy is unique in the industry. Reaching the
250,000 mark demonstrates Sirit's market leadership in assisting our partners
to enable their data collection & data management solutions with RFID," said
Norbert Dawalibi, President and CEO, Sirit Inc. "Sirit will continue to
develop and market innovative RFID readers to address many emerging and
traditional applications such as cashless payments, supply chain & logistics,
access control, inventory control & management, asset tracking and product
authentication that allow our OEM partners to get to market faster, with lower
engineering costs and the confidence in knowing that their products are
powered by best of breed RFID capabilities."

About Sirit Inc.
Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency
Identification (RFID) reader technology to OEMs and solution providers
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, Access Control, Inventory Control & Management, Asset
Tracking and Product Authentication. For more information on Sirit, 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 Initial
Annual Information Form dated March 22, 2005 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.