AirIQ Announces Consolidation of Management

Steve Willey, President and Chief Executive Officer said,"We thank Mark for his contribution to the Company overthe past five years and wish him all success in future endeavours."

The Company also announced that Michael Robb has been appointedto the position of Vice President, Finance and Administration.

Steve Willey added, "Michael has played an important roleover the past year and is ready to lead the finance teamat AirIQ. This type of consolidation of executive role togetherwith fundamental organizational re-alignments, are consistentwith our commitment to move to a leaner, more focused andmore effective enterprise."

About AirIQ

AirIQ trades on the Toronto Stock Exchange under the symbolIQ. A leader in Wireless Location Services, specializingin Telematics and Security, AirIQ is headquartered in Pickering,near Toronto, Canada, with an office in San Diego, California,U.S.A. The Company operates as a wireless Internet applicationsservice provider specializing in location-based services.AirIQ's services are offered to three primary markets: CommercialFleets; Consumer; and Marine Fleets. AirIQ gives vehicleand vessel owners the abilities to manage and protect theirmobile assets. AirIQ's services include: vehicle locating,boundary notification, automated inventory, maintenancereminders, security alerts, vehicle disabling, unauthorizedmovement alerts and many more features. For additional informationon AirIQ or its products and services, please visit theCompany's website at .

Forward-looking Statements

This news release contains forward-looking information basedon management's best estimates and the current operatingenvironment. These forward-looking statements are relatedto, but not limited to, AirIQ's operations, anticipatedfinancial performance, business prospects and strategies.Forward-looking information typically contains words suchas "anticipate", "believe", "expect", "plan" or similarwords suggesting future outcomes. Such forward-looking statementsare as of the date which such statement is made and aresubject to a number of known and unknown risks, uncertaintiesand other factors which could cause actual results or eventsto differ materially from future results expressed, anticipatedor implied by such forward-looking statements. Such factorsinclude, but are not limited to, changes in market and competition,technological and competitive developments and potentialdownturns in economic conditions generally. Therefore, actualoutcomes and results may differ materially from those expressedin such forward-looking statements. Other than as may berequired by law, AirIQ disclaims any intention or obligationto update or revise any such forward-looking statements,whether as a result of new information, future events orotherwise.