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NEXIQ Technologies Chairman and CEO, John R. Allard, to Present At the Wall Street Analyst Forum

    STERLING HEIGHTS, Mich.--Feb. 8, 2002--

Leader in Remote Diagnostics and Telematics for Commercial Vehicles to Relay Its Corporate Strategy To Over 850 Analysts and Portfolio Managers

    NEXIQ Technologies (OTCBB: NEXQ), today announced that its chairman and chief executive officer, John R. Allard, will make a presentation to analysts and portfolio managers at the Wall Street Analyst Forum's Institutional Investor Conference in New York City on Wednesday, February 13, 2002 at 2:40 p.m. EST. Approximately 100 public companies will be presenting at the conference from February 11-14, 2002 at the Roosevelt Hotel.
    Mr. Allard's presentation will provide an in-depth review of the company's corporate strategy to leverage its 20 years of diagnostics expertise and intellectual property to link the service bay, vehicles, fleet operations and OEMs through innovative diagnostic-focused telematics solutions and consulting services. He will also discuss the continuing effort to introduce first to market products that support the transportation industry's evolving need for technology solutions.
    Analysts and portfolio managers who wish to attend the presentation should contact The Wall Street Analyst Forum at 802-253-7696 to request additional information. Starting at the time indicated above and running for 30 days thereafter, investors may access an Internet webcast of the presentation at: http://media.corporate-ir.net/media_files/priv/WSAF/event/021102.htm

    EDITOR'S NOTE:

    To receive a NEXIQ Technologies investor kit, please contact Brian Payne, vice president of marketing at 319-545-5400 or brian.payne@nexiq.com.

    About NEXIQ Technologies

    NEXIQ Technologies (OTCBB: NEXQ) is focused on advanced diagnostic and telematics solutions that provide seamless information and operations management capabilities to the commercial and automotive vehicle industry. NEXIQ Technologies is headquartered in Sterling Heights, Mich. with significant operations in Coralville, Iowa. (www.nexiq.com)

    About The Wall Street Analyst Forum

    Gerald Scott, President of The Wall Street Analyst Forum, has conducted forty-two analyst conferences since 1989. These conferences have been conducted in New York, London and other major financial centers involving presentations from 2,500 leading NYSE/NASDAQ/AMEX listed corporations and the attendance of 15,000+ analysts and portfolio managers. His conferences have received coverage on CNBC, Barron's, The Wall Street Journal, Investors' Business Daily and in other financial media. Gerry formally served as President of The Wall Street Forum, Inc., a separate entity from the current company.