LG Electronics Inc. Chooses Airbiquity Inc.'s aqLink Software Modem for Use in Telematics Products

BAINBRIDGE ISLAND, Wash.--Sept. 24, 2004--Airbiquity(R) Inc., a leading provider of mobile data communications software solutions, and LG Electronics, a major global player in electronics, information and telecommunications, today announced that LG Electronics will use Airbiquity's patented aqLink(R) software modem in their telematics products.

Telematics refers to automobile systems that combine Global Positioning System, or GPS, satellite tracking and wireless communications for automatic roadside assistance and other services. LG Electronics supplies telematics platforms to some of the world's largest auto manufacturers for installation in a wide range of vehicles. Airbiquity's aqLink technology is currently widely deployed and used by some of the largest automotive manufacturers in their telematics services.

Telematics providers can "go digital" by implementing Airbiquity's aqLink technology to transport high value information from the automobile to the Telematics Service Provider (TSP) through any cellular network. Whether the content is location data, automatic crash notification, or remote diagnostics, using aqLink provides the widest possible coverage and an efficient means of transporting such data. By integrating aqLink into the telematics platform, customers can reliably transmit critical data through any wireless network (GSM, CDMA, TDMA, iDEN or AMPS).

"Airbiquity is pleased to be working with LG Electronics," said Kamyar Moinzadeh, chief technology officer (CTO) for Airbiquity. "LGE's leadership position in the telematics market coupled with our aqLink technology will create value for telematics service providers and automotive manufacturers."

"We are also pleased to work with Airbiquity," said Soung Hyun Um, vice president of Digital Media Research Laboratory. "From the origin of the word 'Telematics', we are able to surmise how important telecommunication feature is in this telematics business. In particular, data transportation technology through wireless modem is one of the key features. Hence, we expect that Airbiquity's technology leadership will enhance the quality of our product."

About Airbiquity

Airbiquity provides software solutions that enable product suppliers and service providers in the M2M and telematics industries to deliver reliable and ubiquitous data communications by leveraging existing wireless networks. Headquartered in Bainbridge Island, Washington, Airbiquity's aqLink(R) software modem is used by some of the largest automotive manufacturers in their telematics service offerings.

About LG Electronics, Inc.

LG Electronics, Inc. (CEO: S.S. Kim, 06657.KS) was established in 1958 as the pioneer in the Korean consumer electronics market. The company is a major global force in electronics and information and communications products with more than 64,000 employees working in 75 overseas subsidiaries and marketing units around the world. With annual total revenues of more than US$29.9 billion (consolidated), LG Electronics comprises three main business companies: Digital Display & Media, Digital Appliance and Telecommunication Equipment & Handset.

The LG Digital Display & Media Company provides core technologies for cutting-edge digital products and is a world leader in digital display products including plasma TVs, LCD TVs and monitors, and digital high-definition televisions (HDTV). The Digital Display & Media Company also provides digitally integrated products such as AV systems, optical storage, set-top boxes and home servers and is focusing on next-generation businesses such as home and mobile networks.

LG Electronics' goal is to enable the intelligent networking of digital products that will make consumers' lives better than ever. For more information, please visit www.lge.com

For additional information, contact contact@airbiquity.com or 206-842-9262 Ext. 2816. Airbiquity and aqLink are registered trademarks of Airbiquity Inc.

The press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because these statements apply to future events, they are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could affect actual results include: the company's limited operating history, the need for additional financing, variable economic conditions and customer tastes, regulatory risks, and restrictions imposed by existing debts and future payment obligations.