Air-Q Initiates Joint Development of Wi-Fi Hotspot Access Points Targeting Fortune 500 Companies.

Business Editors/High-Tech Writers

BATON ROUGE, La.--(BUSINESS WIRE)--Jan. 29, 2004

Air-Q Wi-Fi Corporation (OTCBB:AQWF), a Wi-Fi (wireless fidelity) Internet access provider, is pleased to announce that it is initiating a Wi-Fi hotspot joint development program for all businesses, including Fortune 500 companies. Air-Q is specifically focused on securing Wi-Fi hotspot locations with a dense potential user base, such as major hotel chains and franchises.

Air-Q is growing in a market that has attracted attention from a wide range of companies and industries including Nextel (Nasdaq:NXTL), Motorola (NYSE:MOT), McDonalds (NYSE:MCD), Starbucks (Nasdaq:SBUX) and many non-profits, as well as small businesses.

About Air-Q Wi-Fi Corporation

Air-Q Wi-Fi Corporation is a development-stage company that develops and operates wireless Internet access systems. Its first Wi-Fi Internet access system is located in Baton Rouge, LA, and its second Wi-Fi system is located in Phoenix, AZ. Air-Q's "Wi-Fi" (hotspot) Internet access system operates on a platform comprised of Wi-Fi standard equipment that has been configured in a proprietary manner. The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra, such as 2.4 and 5.8 Ghz. Air-Q's business plan focuses on the marketing of its wireless Internet access services to businesses and residential customers, as well as to visitors to its markets with Wi-Fi compatible laptop computers and other wireless devices.

Forward-Looking Statements

Some information in this release is forward looking. These forward-looking statements may be affected by the risks and uncertainties in Air-Q's business. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Air-Q's Securities and Exchange Commission filings. Air-Q wishes to caution readers that certain important factors may have affected and could in the future affect its actual results and could cause actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of Air-Q. There are many factors that will determine whether Air-Q will be successful in its wireless Internet endeavors, including, without limitation, access to adequate capital, consumer acceptance of its products and services and the ability of Air-Q to provide timely customer installation services. Air-Q undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.