Nov 5, 2008                                               

TIREX MOVES ONTO THE PINK SHEETS WITH ITS ‘GREEN’ TIRE RECYCLING TECHNOLOGY

The Tirex Corporation (TMXC: OTC) (the “Company”, “Tirex”), the owner of a ‘green’, patented tire recycling technology, the TCS System, today announced its recent listing into the Pink Sheets Over The Counter quotation system. Tirex’s recent restructuring and new listing on the Pink Sheets, was undertaken to facilitate the Company’s plan to return to being quoted on the Over The Counter Bulletin Board (OTCBB), which the Company believes will increase its opportunities to obtain capital financing of its first commercial TCS Facility(s).

According to Tirex’s President, John L. Threshie Jr., “The TCS System prototype demonstrated its economically viable, environmentally friendly, patented process and is positioned to exploit the rapid growth of the ‘green’ recycling industry. The TCS Technology offers  investors a fundamental, manufacturing and recycled products business you can build on worldwide.”

Tirex’s TCS System international manufacturing contractor, Simpro S.p.A. of Torino, Italy (www.simpro.it), 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 and commission a turn-key TCS Facility and offer a Performance Bond guarantee.       

To make possible Tirex’s planned move onto the Bulletin Board the Company hired Moore & Associates, Chartered Accountants and Advisors, PCAOB Registered, of Las Vegas, Nevada, who completed audits of Tirex’s 2004, ’05, ’06 and 2007 annual reports. With these audited statements, Tirex filed amended year end 2004, ’05, ’06 and 2007 10-KSB annual reports with the SEC. The Company is currently undergoing its fiscal year end 2008 audit and, once complete, will then amend its already filed fiscal 2008 10-KSB annual report in order to once again become a fully reporting company.

Threshie added, “We believe that our acceptance into the ‘Pinks’ market, combined with the recent audits, will put us in position to once again be traded on the Bulletin Board and to offer an equity position in Tirex to TCS Facility investors in order to further enhance the already attractive projected returns of the TCS Facility’s operations.  

In the meantime, we continue to actively pursue TCS Facility projects in North and South America, as well as Simpro, continues its negotiations with companies in Europe, the Middle East, Asia and Australia.”

The statements which are not historical facts contained in this press 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