AirIQ Introduces Automobile Dealerships That Offer MobileIQ Consumer Telematics

TORONTO--Sept. 28, 2004--AirIQ Inc. (TSX:IQ), a leader in the Telematics industry, announces that it has secured agreements with automobile dealerships in Ontario, Canada to sell its Consumer Telematics service, MobileIQ(TM), Intelligent Vehicle Protection. This marks the first stage in AirIQ's North American rollout of MobileIQ(TM). AirIQ intends to continually add automobile dealerships to its MobileIQ(TM) distribution program.

"The automobile dealerships that have committed to offer MobileIQ(TM) are dedicated to adding value to the sale of new and used cars. They are expecting a demand for this type of service and see the importance of it," says Miguel Gonsalves, Vice President, Consumer Division of AirIQ. "The first group of automobile dealerships selling MobileIQ(TM) is located within the GTA (Greater Toronto Area). Our strategy is to start in our local market as the first step in our launch throughout North America."

MobileIQ(TM), Intelligent Vehicle Protection, is a security and safety service for Consumers that also offers convenience and savings. Once the MobileIQ OnBoard(TM) device is installed in a MobileIQ(TM) subscriber's vehicle, the owner can access the service via the Internet or a touch-tone phone. A MobileIQ(TM) subscriber can keep in touch with his or her vehicle (with its real-time street-level location) from virtually anywhere at anytime. MobileIQ(TM) also offers a variety of automatic notifications including Early Theft Vehicle Warning Alerts. Specifically, MobileIQ(TM) provides consumers with the following security, safety, convenience and savings benefits:

- Realize potential vehicle insurance reductions from leading insurers.

- Receive an unauthorized movement alert when a vehicle is towed from its parked position.

- Receive an early warning notification of a possible vehicle theft.

- Locate and disable a vehicle if it is stolen.

- Provide valuable location-based information to the appropriate authorities to help recover a stolen vehicle.

- Remotely unlock a vehicle virtually anytime, anywhere without keys.

- Be notified if the driver (i.e. your teenage son or daughter) of your vehicle is driving at excessive and unsafe speeds.

- Obtain peace of mind while loved ones (i.e. your elderly parent) are on the road with the ability to access their vehicle's location 24/7.

The following automobile dealerships are currently offering MobileIQ(TM), Intelligent Vehicle Protection, for sale:

Listed in Alphabetical Order:                                     
-----------------------------                                        

Brampton 
 Chrysler        Brampton     www.bramptonchrysler.ca  (905) 459-1810
Durham Dodge 
 Chrysler          Oshawa      www.durhamchrysler.com  (905) 404-0525
Fines 
 Ford              Bolton            www.finesford.ca  (905) 857-1252
Formula 
 Honda            Toronto        www.formulahonda.com  (416) 754-4555
Markham Dodge 
 Chrysler Jeep    Markham        www.markhamdodge.com  (905) 471-1500
Markham 
 Mitsubishi       Markham    www.markhammitsubishi.ca  (905) 415-0080
Mazda 
 of Brampton     Brampton      www.mazdaofbrampton.ca  (905) 459-0290
Mississauga
 Honda        Mississauga    www.mississaugahonda.com  (905) 828-1650
Morningside
 Mazda            Toronto    www.morningsidemazda.com  (416) 283-7100
North 
 Markham Honda    Markham        www.markhamhonda.com  (905) 477-2451
Ready 
 Honda        Mississauga          www.readyhonda.com  (905) 896-3500
Scarboro 
 Mazda            Toronto                              (416) 752-0970
Whitby 
 Mazda             Whitby         www.whitbymazda.com  (905) 686-2256

Please check www.mobileiq.ca or www.mobileiq.us for regular updates about automobile dealerships offering MobileIQ(TM).

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 primarily to three large commercial markets (rental vehicle, commercial transport and heavy equipment fleets) and to 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 additional information on AirIQ and its products and services please visit the Company's website at www.airiq.com or call 1(888)606-6444.

Forward-looking Statements