AirIQ Inc.
TSX : IQ

AirIQ Inc.

April 24, 2007 10:00 ET

Pyramid Corporation Selects AirIQ's Field Service Solution

Over 600 Service Vehicles to be equipped

TORONTO, ONTARIO--(CCNMatthews - April 24, 2007) - AirIQ Inc. ("AirIQ") (TSX:IQ), a leader in wireless enabled location-based services, today announced that Pyramid Corporation has selected AirIQ's digital Field Service solution, ServiceIQ™for it's large fleet of field service vehicles. ServiceIQ™ provides fleet owners like Pyramid with enhanced fleet safety and security features along with tools to improve operating efficiencies and customer service performance. Pyramid Corporation is a privately held Canadian company serving Western Canada and the United States.

Headquartered in Nisku, Alberta, Pyramid Corporation is equipping over 600 vehicles with AirIQ's ServiceIQ™ solution. Among other divisions, Pyramid's Construction Services Division is comprised of specialized mobile project teams. "With a mobile fleet, employee safety is an ongoing concern. Since installing our vehicles with the AirIQ solution, we have seen a significant decrease in speed violations and collisions. Safety of employees and security of our assets are of the utmost importance to Pyramid and by the application of technologies like ServiceIQ™, we see continuous improvements", states Tim Kolsmith, Corporate Security.

ServiceIQ™ provides a client with the ability to see when their vehicles arrive and leave a location, be notified of speed violations, and locate vehicles on-demand, as well as other functions and reporting tools. More interactive information enables a company to better understand fleet vehicle movements throughout the day, improving operating efficiencies and promoting safe driving practices.

"Since launching our new digital ServiceIQ™ solution in the fall of last year, our customers are benefiting from enhanced functionality," says Anne Taylor, Vice President of AirIQ's Commercial Fleet Division. "The AirIQ digital solution will enable Pyramid to strengthen their safety record, better protect their assets, improve customer service and improve their ability to manage their fleet."

About AirIQ

AirIQ trades on the Toronto Stock Exchange under the symbol IQ. A leader in global wireless security, AirIQ is headquartered in Pickering, near Toronto, Canada, with offices in San Diego, California, U.S.A. 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 and vessels. AirIQ's services are offered to both Consumer and Commercial markets which include Commercial Fleets; Consumer; and Marine Fleets. AirIQ gives vehicle and vessel 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, please visit the Company's website at www.airiq.com.

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. Other than as may be required by law, AirIQ disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of such information, future events or otherwise.

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