Beta Testing Completed for Leading Edge Tire Analytics Technology

By Protreadz Inc. Ll Renaissance Limited, PRNE
Monday, June 20, 2011

TORONTO, June 21, 2011 -


 

LL Renaissance Limited (FRANKFURT: 47R) is pleased to announce
on behalf of its wholly owned subsidiary, Protreadz Inc., the
Worldwide Master Distributor of TekTire’s tire analytics product
developed by Taeros Ltd., that beta testing has recently been
completed on the TekTire product… the revolutionary Tire Pressure
Monitoring System (TPMS).

A predominate leader in the international transportation
industry with 1,000 tractors, 2,100 trailers and over 700 employees
have been using Taeros’ basic telemetry service since 2007 and
testing the new TekTire, TPMS system since January 2011. In
the first three months of testing, they experienced 6 tire events
whereby the TekTire product alerted their decision makers of a
problem with one or more tires. They were able to avoid costly
and time consuming roadside service, avoid any hazardous blowout
situations and direct the driver to the nearest facility to repair
the problem. There testing on one tractor trailer combination has
saved thousands of dollars in reduced operating costs by averting
roadside service, avoiding dispatch rescheduling, reducing downtime
(time that truck is non-operational) therefore assuring on-time
deliveries which in turn keeps customers satisfied.

About the Company:

LL Renaissance Limited (soon to be renamed Global Tire &
Transportation Technologies Limited) is publicly traded on the
Frankfurt Stock Exchange under the Symbol 47R. The Company is the
Worldwide Master Distributor for TekTire products developed by
Taeros Ltd. Also, through its wholly owned subsidiary Protreadz
Inc. located in Ontario Canada the Company operates a commercial
tire sales and service business and is currently in the process of
making strategic acquisitions to gain additional market share in
its trading region.

About Taeros Ltd.:

Taeros Ltd. has its research and development office in the
“Communitech Hub”, located in the Tannery in Kitchener, ON and is a
product development company that has recently completed the
development of the TekTire Tire Pressure Monitoring System (TPMS)
that has completed its “in field” testing and is ready to
market.

SAFE HARBOR STATEMENT

This press release contains forward-looking statements which are
based on certain assumptions and describe future plans, strategies,
and expectations, are generally identifiable by the use of words
such as “believe,” “expect,” “intend,” “anticipate,” “estimate,”
“project,” or similar expressions. These forward-looking statements
relate to, among other things, expectations of the business
environment in which the Company operates, projections of future
performance, potential future performance, perceived opportunities
in the market, and statements regarding the Company’s mission and
vision. The Company and all affiliated parties do not assume any
duty to publicly update or revise the material contained
herein.

For further information:

ir@protreadz.com
Website:
www.protreadz.com

+1-866-901-8473

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