Tirex Announces Retirement of Outside Auditor Principal; Change to New Firm for Fiscal 2009

The Tirex Corporation (OTC:TXMC) late yesterday filed an 8-K “current report filing” form with the Securities and Exchange Commission noting the change in its outside auditing firm from Moore & Associates, Chtd. to Seale and Beers, CPAs.

“Tirex was recently informed that Michael Moore, principal of Moore & Associates, was retiring from auditing and that Seale and Beers will be taking over all clients and employees,” according to Tirex President and CEO John L. Threshie Jr.

The filing points out that “there have been no disagreements between The Tirex Corporation and Moore & Associates, Chtd. on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of Moore & Associates, Chtd., would have caused it to make a reference to the subject matter of disagreement in connection with its reports.”

Seale and Beers has been engaged to perform audit activities for the fiscal 2009 year ended June 30.

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. 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.)