TIREX’S PARTNER, SIMPRO S.p.A., EXTENDS PREVIOUSLY-ANNOUNCED

$20.8M MEMORANDUM OF UNDERSTANDING WITH MALYASIAN GROUP

Westport, CT, July 21, 2009 – The Tirex Corporation (OTC: TXMC) today announced that the Simpro S.p.A. $20.8 million tire recycling Memorandum of Understanding with Enchantex Solutions of Malayasia was reaffirmed recently without change to terms, however, was extended to coordinate and cooperate with the financial facilities of the other participants in this large-scale, multifaceted industrial project.

“Simpro’s Project Manager, Mauro Gallo Rosso, confirmed its recognition of the financial commitment of the project and assured its progress.” according to CEO, John L. Threshie Jr.

Simpro is licensed by Tirex to manufacture, install, commission, warrant and offer a performance bond guarantee of turnkey tire recycling facilities utilizing Tirex’s patented technology, The TCS System.

Tirex reaffirms that other proposed TCS technology agreements with Simpro, as well as other potential customers and joint venture partners, both domestically and internationally, are being negotiated.

Simpro http://www.simpro.it/home.php?argid=49&pagid=18&lang=en), is headquartered in Turin, Italy.  It is ISO 9001 (Quality Management), ISO 14001 (Environmental Management) and EMAS (Environmental Management and Audit System) accredited.  

            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 its patented “fracturing mill” instead of cutting and shredding it, as it separates it from the marketable strands of steel and fiber in a “green,” environmentally-friendly, economically-attractive process.  For more information go to www.tirex-tcs.com.

(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.)