Auto Q International Inc. to Finalize Acquisition of Radicom Ltd.

LONDON, Dec. 15, 2003 -- Auto-Q International Inc. (BULLETIN BOARD: AUTQ) , a leading provider of vehicle tracking and monitoring systems for trucking fleets and consumers, announced today that it has signed a letter of intent to acquire Radicom Ltd.

Radicom Ltd. is a profitable telematics company located in the UK, specialising in GPRS (general packet radio switch) communications that provide end users with high-speed data transmission. Radicom Ltd reported sales in the last 9 months of over $866,000 with a gross profit of $524,000 (60%) and a net profit of $83,000 (9%).

Over the next few years it is forecast that telematics applications will develop as quickly as sales of PCs did in the 1980s. Innovation, particularly in software interfaces, will be the key to success in a fast growing and rapidly changing market for telematics products, which is forecast to grow to $47 billion by 2009. The management of Auto-Q International and Radicom see this acquisition as essential to gaining the strategic mass to be a brand name in the telematics market.

Auto Q International Inc. and Radicom expect to close the acquisition in early 2004 with announcements about new management and other strategic partners to come.

Tom Lam, Auto Q International Inc. Chairman, commented: "The synergies between us have already demonstrated the ability to provide the best of both companies products to each others' customers and to be able to bid for larger contracts. We look forward to sharing our progress with our shareholders in the New Year."

"This acquisition greatly strengthens our product portfolio and engineering capabilities and will give our sales, marketing and operational teams the tools to target a much greater portion of an exciting growth market. We look forward to a successful future for Auto Q and its shareholders" commented David Foden, Radicom CEO.

About Radicom Ltd.

Radicom's communication base uses GPRS, the new data communication network operating over the current GSM framework and supported by the all the major GSM operators. GPRS provides high-speed data transmission (packet switched at speeds of up to 54Kbps) permanently connected to transfer at a fraction of the current GSM price and much more reliably using Radicom's GPRS telematics modem technology. For example, Radicom's GPRS system combined with Internet technology enables the user to see and monitor vehicles moving in real time anywhere in the world.

Please visit Auto Q International Inc. www.auto-q.com.

Certain statements contained herein are "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995) Because such statements include risks and uncertainties actual results may differ materially from those expressed or implied by such forward looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements include but are not limited to, economic conditions, market acceptance of products, risks in technology, and product development.