TIR Systems Ranked 3rd Fastest Growing Publicly Listed Company in BC in Top 100 List


October 7, 2004... - Leonard Hordyk nominated as a finalist in the Ernst & Young Pacific Region Entrepreneur of the Year

TIR Systems Ltd. (TSX Symbol: TIR), a world leader in light enabling technology, is proud to announce that it has been ranked 3rd on the ?BC top 100? list commissioned by the Vancouver Sun. The BC 100 list evaluates ?balanced Growth? in a number of key business practices, not just success in one category such as financial performance.

Last year TIR was ranked 17th in the same survey by the same group.

It recognition is very rewarding?, said Leonard Hordyk, President and CEO of TIR. ?It reflects how the company has successfully navigated its way through a period of intense growth in all areas as we launched our new solid state lighting technology, and our Growth is a testament to the passion and commitment of our employees in pursuit of our vision?.

In addition, Leonard Hordyk was nominated as a finalist in the Technology category of the Ernst & Young Entrepreneur of the Year Award. Entrepreneurial finalists from all over the Pacific region attended a gala dinner in Vancouver on September 27th.

About TIR Systems Ltd.

TIR Systems Ltd., a world leader in delivering specialty lighting systems, is building the foundations for tomorrow?s lighting. Through sound innovation and proven technical capability, TIR is developing, designing and marketing the core technologies that will allow Solid State Lighting (SSL ) to move to the forefront of mainstream lighting.

To find out more about TIR Systems Ltd. (TSX: TIR), visit

For more information, please contact:

J. Caren Holtby
Investor Relations Manager
Tel: 604-473-2318
Email: caren.

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