AirIQ Announces Agreement to Provide End-to-End Consumer Telematics Services to LoJack.

TORONTO -- AirIQ Inc. (TSX:IQ), a leader in the Telematics industry, announces an agreement to provide licensed, private labeled Consumer Telematics services to LoJack Corporation. AirIQ's consumer services will be tailored and branded to meet the specific requirements of LoJack. AirIQ will provide its end-to-end Consumer Telematics solution, including: in-vehicle equipment, wireless provisioning services, and hosted Internet and telephone interfaces, which consumers will use to access their vehicles directly.

"This agreement demonstrates that AirIQ has developed the Consumer Telematics engine of choice," explains Donald Simmonds, President and CEO of AirIQ. "We had to outperform our competition and surpass significant scrutiny. It was gratifying that our consumer Telematics offering proved to be the most comprehensive solution to meet the needs of LoJack."

AirIQ expects to earn the revenues associated with this agreement commencing in the first quarter of 2005.

About AirIQ

AirIQ trades on The Toronto Stock Exchange under the symbol IQ. A leader in the Telematics marketplace, AirIQ is headquartered in Pickering, near Toronto, Canada. The Company operates as a wireless Internet applications service provider specializing in Telematics. Telematics is the name given to information and control messages sent wirelessly to and from vehicles. AirIQ's services are offered primarily to three large commercial markets (rental vehicle, commercial transport and heavy equipment fleets) and to the consumer market. AirIQ gives vehicle owners the abilities to manage and protect their mobile assets. AirIQ's services include: vehicle locating, boundary notification, automated inventory, maintenance reminders, security alerts, vehicle disabling, unauthorized movement alerts and many more features. For additional information on AirIQ, its products and services, and the recent acquisition of Aircept.com, LLC, please visit the Company's website at www.airiq.com or call 1(888)606-6444.

Forward-looking Statements 

This news release contains forward-looking information based on management's best estimates and the current operating environment. These forward-looking statements are related to, but not limited to, AirIQ's operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains words such as "anticipate", "believe", "expect", "plan" or similar words suggesting future outcomes. Such forward-looking statements are as of the date which such statement is made and are subject to a number of known and unknown risks, uncertainties and other factors which could cause actual results or events to differ materially from future results expressed, anticipated or implied by such forward-looking statements. Such factors include, but are not limited to, changes in market and competition, technological and competitive developments and potential downturns in economic conditions generally. Therefore, actual outcomes and results may differ materially from those expressed in such forward-looking statements. AirIQ disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.