$20.8M Memorandum of Understanding with Malaysian Group Signed by Tirex`s "Green" Tire Recycling System Manufacturer, Simpro S.p.A. of Italy

WESTPORT, Conn.--(Business Wire)--
The Tirex Corporation (OTCBB:TXMC) today announced that Simpro S.p.A. of Torino,
Italy recently signed an approximate $20.8 million Memorandum of Understanding
with Enchantex Solutions of Malaysia to manufacture, deliver, commission and
warrant a turnkey tire recycling facility utilizing Tirex`s patented, state of
the art, tire recycling technology, the TCS System.

"This is a major milestone for Tirex and our TCS technology as it begins the
production of the first commercial tire recycling system to freeze tire rubber
with cold air as opposed to using expensive liquid nitrogen," according to
Tirex`s CEO John L. Threshie Jr.

"The completion of the TCS purchase agreement(s) will allow us to offer reduced
price points of its higher value-added crumb rubber ideally suited as infill in
the expanding and lucrative synthetic turf industry," Threshie pointed out.

Tirex anticipates announcing other TCS technology agreements currently in the
discussion phase that would expand its technological reach internationally.

Simpro (http://www.simpro.it/home.php?argid=49&pagid=18&lang=en), is ISO 9001
(Quality Management), ISO 14001 (Environmental Management) and EMAS
(Environmental Management and Audit System) accredited. Simpro is licensed by
Tirex to manufacture, install, commission and warrant turnkey TCS facilities and
offer a performance bond guarantee.

The Memorandum of Understanding is subject to the approval of the boards of
directors of all parties, among other things, and is subject to change. The MOU
must be ratified by all parties in its final form by July 20, 2009 at a
scheduled meeting to close and sign a TCS purchase agreement.

(The statements which are not historical facts contained in this news release
are forward-looking statements that involve certain risks and uncertainties
including, but not limited to, risks associated with the uncertainty of future
financial results, additional financing requirements, development of new
products, government approval processes, the impact of competitive products or
pricing, technological changes, the effect of economic conditions and other
uncertainties detailed in the Company's filings with the Securities and Exchange
Commission.)

Company
John L. Threshie Jr., 203-292-6922
threshiejr@yahoo.ca
or
Greg McAndrews & Associates
Gregory A. McAndrews, 310-804-7037
greg@gregmcandrews.com

Copyright Business Wire 2009