TORONTO, Oct. 26 /CNW/ - Sirit Inc. (TSX: SI), a leading provider of radio frequency identification (RFID) technology, announced today that the Company has received ISO 9001:2000 registration for its operations following an extensive and comprehensive audit by British Standards Institution (BSI), Inc., a quality management systems registrar. This important distinction confirms the Company's commitment to quality, and serves as acknowledgement of Sirit's customer-first focus. The scope of the registration includes design, development and manufacture of RFID technology and products. The ISO 9001:2000 standard, is an internationally recognized quality management system standard developed by the International Organization for Standardization (ISO). To be certified to the standard, companies must implement a quality management system (QMS) embracing the activities of the company from customer input, order entry, design and development of products, the purchasing of materials and services and the delivery of products and services. Certification to ISO 9001:2000 reinforces to customers, through an independent third-party, that Sirit's operational processes are in accordance with the standard. "I am very proud of Sirit and our achievement of this important milestone and wish to congratulate the entire Sirit team. ISO 9001:2000 registration is compelling evidence of Sirit's ongoing commitment to be the best in our industry," said Norbert Dawalibi, President and CEO, Sirit Inc. "I believe Sirit's achievement furthers our aim to develop long-term customer relationships by earning their confidence in our ability to consistently deliver superior quality and reliable products and services." "Establishing an ISO 9001:2000 registered quality system is a significant accomplishment, and we are extremely proud to have obtained this distinguished certification," commented Don Bergeron, Vice President, Operations, Sirit Inc. "Our operational processes have been measured against a standard which has been accepted by the international community and has lasted the test of time. Obtaining the certification satisfies the essential requirements on which we can continually improve all our business processes and gain efficiency to meet our customer expectations." About BSI, Inc. BSI is the world's leading quality management systems registrar. Founded in 1901, BSI has issued more than 50,000 registration clients in over 90 countries. More than 112 'Global 500' companies have chosen BSI as their preferred ISO 9000, QS-9000, ISO 14000, TickIT, or EMAS registrar. BSI's registration experience covers virtually every industrial and commercial sector (i.e. automotive, aerospace, chemical and allied processes, IT/software, service). BSI's other services include standards facilitation, training, product certification, product testing, and CE Marking. To serve its customers in North America, BSI, Inc. was established in 1991 and is headquartered in Reston, Virginia, with nine offices throughout the U.S., four in Canada, and two in Mexico to serve the North American market. BSI is truly a pioneering organization. It was the world's first national standards body, and a founding member of the International Organization for Standardization (ISO). BSI facilitated and published the first commercial standards to address quality management systems, environmental management systems, occupational health and safety management systems, project management and information security management. 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.