RICHMOND, B.C. — SmarTire Systems has signed a contract with Dana’s Commercial Vehicle Systems group to market and sell SmarTire’s tire pressure and temperature monitoring systems to the commercial truck, bus and RV markets.

Under the contract Dana — a leading manufacturer of heavy and medium duty vehicle components — will market and sell B.C-based SmarTire’s tire monitoring systems to OEM customers throughout North America, Australia, and New Zealand. The companies will collaborate on marketing opportunities to meet the needs of their global customers and markets.

“Aligning with a strong Tier 1 supplier of Dana’s caliber is the central building block in our corporate strategy for succeeding in the commercial vehicle market,” Al Kozak, president and CEO of SmarTire. “The interest and demand for tire monitoring systems for commercial vehicles is strong and growing.

“Being recognized as one of Dana’s trusted partners greatly enhances the company’s ability to bring products to market quickly and to provide support for the products in the field.”

Steve Slesinski, director of product management and systems marketing for Dana, said, “SmarTire’s vision of a wireless network for vehicles aligns with our strategy of tire management and advanced system solutions for commercial vehicles. In conjunction with their wireless gateway, we anticipate the development of additional wireless sensing and control applications that will benefit commercial vehicles.”