Tirex Files Financial Statements Through March 31, 2009

WESTPORT, Conn., Aug 07, 2009 (BUSINESS WIRE) -- The Tirex Corporation (OTC:TXMC) recently filed an amended 10-K annual report for the fiscal year ended June 30, 2008; and amended 10-Q reports for the quarter and the six month period ended December 31, 2008 as well as the quarter and nine-month period ended March 31, 2009.

Other than minor editorial modifications, there were no material changes to the information previously filed. These amended reports provide the independent accountant audit and review reports with respect to the relevant financial statements.

"With these filings, we will once again be eligible to become a fully-reporting company in accordance with U.S. securities laws and regulations," according to President and CEO, John L. Threshie Jr. "This is significant because our next objective is to once again be trading on the OTC Bulletin Board," Threshie said.

"Combined with our progress towards realizing the commercialization of our patented tire recycling system, being current and timely with financial reports underpins our efforts to enhance shareholder value and move our business to the next level," Threshie added.

The Company's independent accountants are currently engaged in audit activities for the fiscal 2009 year ended June 30.

Link to full financial statements: www.sec.gov/edgar/searchedgar/webusers.htm; click on "Company and Other Filings"; then type in TIREX in the "Company Name" box on the next screen.

Tirex's TCS (Tirex Cryo System) process freezes scrap tire pieces with cold air - as opposed to expensive liquid nitrogen - and then "breaks" the rubber into granules in a patented "fracturing mill", instead of cutting and shredding it. This process separates the marketable strands of steel and fiber from the frozen ground rubber with a "green," environmentally-friendly, economically-attractive tire recycling system.

(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.)