AirIQ Doubles Automobile Dealerships Offering MobileIQ'TM' Intelligent Vehicle Protection.TORONTO -- AirIQ Inc. (TSX:IQ): Large Automotive Ownership Group Now Selling MobileIQ(TM) AirIQ Inc. (TSX:IQ), a leader in the Telematics industry, announces that the number of automobile dealerships in Ontario, Canada to sell MobileIQ(TM), the Company's Consumer Telematics service, has doubled. The additional dealerships include the Dilawri Group, a large automotive group that owns several dealerships in Ontario. "MobileIQ(TM) distribution through automotive dealerships is steadily increasing. We are pleased with the rate of adoption and our rollout plans are proceeding according to schedule," states Miguel Gonsalves, Vice President, Consumer Division of AirIQ. "We will continually increase the number of dealerships in our local market and expand our sales force to target key markets in the United States." "We saw the benefits of MobileIQ(TM) for our business and our customers immediately," explains Omar Kahn, General Manager for Markham Honda, a member of the Dilawri Group. "The value propositions of MobileIQ(TM) are compelling for many of our customers." MobileIQ(TM) Intelligent Vehicle Protection is a security and safety service for Consumers that also provides convenience and savings. Once the MobileIQ(TM) device is installed in a subscriber's vehicle, the owner can access the service via the Internet or a touch-tone phone. A MobileIQ(TM) subscriber can keep in touch with his/her vehicle (with its real-time street-level location) from virtually anywhere at anytime. MobileIQ(TM) offers a variety of automatic notifications including Early Theft Vehicle Warning Alerts. Specifically, MobileIQ(TM) provides Consumers with the following security, safety, convenience and savings benefits: --Realize potential vehicle insurance reductions from leading insurers. --Receive an unauthorized movement alert when a vehicle is towed from its parked position. --Locate and disable a vehicle if it is stolen. --Provide valuable location-based information to the appropriate authorities to help recover a stolen vehicle. --Remotely unlock a vehicle without keys. --Be notified if the driver (i.e. your teenage son or daughter) of your vehicle is driving at excessive and unsafe speeds. --Obtain peace of mind while loved ones (i.e. your elderly parent) are on the road with the ability to access their vehicle's location 24/7. The following automobile dealerships are currently offering MobileIQ(TM) Intelligent Vehicle Protection for sale: Acura of North Toronto Thornhill www.acuraofnorthtoronto.com (905) 882-9660 Bessada Kia Pickering www.kiaofpickering.com (905) 421-9191 Brampton Chrysler Brampton www.bramptonchrysler.ca (905) 459-1810 Brampton Mitsubishi Brampton www.bramptonmitsubishi.ca (905) 459-2600 Douglas Ford Lincoln Barrie www.douglasford.ca (705) 728-5558 Durham Dodge Chrysler Oshawa www.durhamchrysler.com (905) 404-0525 Erin Mills Mazda Mississauga www.erinmillsmazda.com (905) 828-0070 Evans Ford Toronto www.evans-ford.com (416) 231-3361 Fines Ford Bolton www.finesford.ca (905) 857-1252 Formula Honda Scarborough www.formulahonda.com (416) 754-4555 Halton Honda Burlington www.haltonhonda.com (905) 632-5371 Markham Dodge Chrysler Jeep Markham www.markhamdodge.com (905) 471-1500 Markham Honda Markham www.markhamhonda.com (905) 477-2451 Markham Mitsubishi Markham www.markhammitsubishi.ca (905) 415-0080 Mazda of Brampton Brampton www.mazdaofbrampton.ca (905) 459-0290 Mississauga Honda Mississauga www.mississaugahonda.com (905) 828-1650 Morningside Mazda Scarborough www.morningsidemazda.com (416) 283-7100 Parkway Honda Toronto www.parkwayhonda.com (416) 752-6666 Ready Honda Mississauga www.readyhonda.com (905) 896-3500 Richmond Hill Chrysler Richmond Hill www.rhchrysler.com (905) 731-3181 Richmond Hill Toyota Richmond Hill www.richmondhill.toyota.ca (905) 889-1189 Scarboro Mazda Toronto www.scarboro.mazda.ca (416) 752-0970 Toronto Dodge Chrysler Toronto www.toronto.fivestardealers.ca (416) 368-7000 Whitby Mazda Whitby www.whitbymazda.com (905) 686-2256 Please check www.mobileiq.ca or www.mobileiq.us for regular updates about automobile dealerships offering MobileIQ(TM). 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 five large commercial markets (rental vehicle, commercial transport, heavy equipment fleets, vehicle finance and marine) 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 the business of Aircept.com, LLC, and Boatracs, 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. There is a picture associated with this release of Omar Kahn (Left), General Manager for Markham Honda, a member of the Dilawri Group, and Miguel Gonsalves (Right), Vice President, Consumer Division of AirIQ. Markham Honda offers MobileIQ(TM), Intelligent Vehicle Protection. The picture can be viewed at http://www2.cdn-news.com/database/fax/2000/iq1207.jpg |
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