AirIQ Interfaces Location-Based Services with Bluebird Auto Rental Systems.

Business Editors

TORONTO--(BUSINESS WIRE)--March 9, 2004

Interface combines the power of AirIQ and Bluebird 

for the Rental Vehicle industry

AirIQ Inc. (TSX: IQ), a leader in the Telematics industry, announces the development of an interface with Bluebird Auto Rental Systems using AirIQ's universal interface protocol, IQ-X. AirIQ's IQ-X interface provides a low latency and high performance Internet protocol that enables AirIQ clients to:

1. receive automated alerts from their fleet vehicles;

2. initiate action requests to their fleet vehicles; and,

3. obtain action responses from their operating software.

"Mutual customers of Bluebird and AirIQ will now benefit by accessing AirIQ's fleet management information from their Bluebird reservation and billing software," says Anne Taylor, Vice President, Sales for AirIQ.

Bluebird RentWorks(TM) is Windows-based software for the rental vehicle industry, which helps operations with reservation sales, fleet utilization, rate management and accounting. AirIQ's interface with Bluebird enables Bluebird RentWorks users to:

1. seamlessly query AirIQ for last known location information, providing real-time fleet information to the end user;

2. automatically receive notification when a rented vehicle leaves a pre-defined boundary, ensuring the correct rental rate is applied to the contract;

3. generate a fleet inventory report with AirIQ's vehicle location information; and,

4. display the street-level locations of vehicles that are due back from a renter, providing more detailed information to help manage the timely return of rented vehicles.

"With AirIQ's interface, we can offer more fleet information on a timely basis, synthesizing business processes for our clients," explains Angela Margolit, President of Bluebird Auto Rental Systems. "With the additional information from AirIQ, Bluebird can offer a comprehensive software solution to the rental vehicle industry from reservations and billing to fleet management."

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 to three large commercial markets (rental vehicle, commercial transport and heavy equipment fleets) and 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 more information, please call 1(888) 606-6444 or visit www.airiq.com.

About Bluebird Auto Rental Systems:

Bluebird Auto Rental Systems (BARS) is a provider of cost-effective, turnkey computer systems to vehicle rental operations worldwide. Founded in 1982, the original auto rental division of Bluebird Systems of Carlsbad, CA was spun off into its own company in 1993 as Bluebird Auto Rental Systems. BARS offers a wide variety of fully integrated software and hardware products, all designed to increase the efficiency and profitability of any size vehicle rental operation. BARS is committed to keeping pace with technology in order to offer the most advanced line of products possible, as well as providing top-notch customer support. Bluebird Auto Rental Systems is a privately held company headquartered in Parsippany, NJ with regional sales and support offices located in Florida, Texas, Wisconsin, Arizona, Canada, England, and the UAE. For more information, please visit www.barsnet.com.

Forward-looking Statements 

This news release contains certain forward-looking statements that involve a number of known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in our forward-looking statements. Factors that could cause actual results to differ materially include, without limitation, 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. Furthermore, a forward-looking statement speaks only as of the date on which such statement is made. The Company assumes no obligation to update or revise them to reflect new events or circumstances.