Airtrax - 'Reinvention of the Wheel' CNBC Story Re-Scheduled

HAMMONTON, N.J., April 25 -- Airtrax, Inc. (BULLETIN BOARD: AITX) , a developer of patented, Omni-Directional Technology with military and commercial applications, announced that the story behind the Airtrax "Reinvention of the Wheel(TM)" did not air on the Closing Bell Show on CNBC as originally scheduled on April 22, 2005. As with any news program, schedules are extremely flexible and can change at the last minute.

CNBC has indicated that the story featuring the Airtrax SIDEWINDER(TM) Omni-Directional Lift Truck will be re-scheduled. Airtrax will provide information on the new schedule when it becomes available.

About Airtrax, Inc.

A U.S.-based developer of omni-directional technology, Airtrax designs and manufactures omni-directional vehicles. The Airtrax patented wheel was designed and developed by Airtrax after receiving a technology transfer from the US Navy in the form of a Cooperative Research and Development Agreement (CRADA).

The SIDEWINDER(TM) Omni-Directional Lift Truck and the Airtrax-MEC Cobra (TM) aerial work platform (AWP) are the first omni-directional vehicles using omni-directional technology and the patented Airtrax wheel to be commercially produced. The nearly maintenance-free design also reduces maintenance costs, delivering cost efficiencies to companies both large and small. The Airtrax patented Omni-Directional wheel is manufactured exclusively for Airtrax vehicles. For more information and to view a must-see product demonstration, visit http://www.airtrax.com/.