Feeling gooder. Nope, not in red. But I haven't been watching what is now being imported either. As far as I can remember (which isn't far), these were the only two folders in the XT series by Imperial Schrade. Unless we count the three black lightweights. But they weren't X-Timers, were they?
If OP's knife is like the first one above, depress the lock on the back of the knife and it will close.