AirIQ Announces AEMP Telematics Integration with AirIQ Fleet

TORONTO, ON / ACCESSWIRE / May 8, 2019 / AirIQ Inc. (“AirIQ”) (TSXV: IQ), a supplier of wireless asset management services, today announced the integration of the AirIQ Fleet solution with a major construction customer’s AEMP Telematics software solution provider.

The Association of Equipment Management Professionals (“AEMP”) developed an ISO approved telematics standard by creating a common data format that facilitates combining mixed fleet data together on a single portal, enabling fleet operators to manage their whole fleet across different OEMs and machine types. By pulling data from AirIQ Fleet™ through AirIQ’s API (“Application Programming Interface”), the customer’s software solution provider aggregates the information to create a single source of unified operational data. The customer can then access dynamic, real-time data from multiple applications – including AirIQ Fleet™ – for fleet management and maintenance, field tracking, estimating, employee management, scheduling, data capture, analysis and more.

“We are very pleased that we were able to participate in this collaboration with our customer and their software solution provider,” stated Mike Robb, President and Chief Executive Officer of AirIQ. “This integration of AirIQ Fleet™ with another software application is a further example of the value of our solution, which we expect will open doors to other similar opportunities down the road,” continued Mr. Robb.

About AirIQ

AirIQ currently trades on the TSX Venture Exchange under the symbol IQ. AirIQ is an intuitive web-based platform that provides fleet operators and vehicle owners with a suite of asset management solutions to reduce cost, improve efficiency and monitor, manage and protect their assets. Services are available online or via a mobile app, and include: instant vehicle locating, boundary notification, automated inventory reports, maintenance reminders, security alerts and vehicle disabling and unauthorized movement alerts. AirIQ’s office is located in Pickering, Ontario, Canada. For additional information on AirIQ or its products and services, please visit the Company’s website at www.airiq.com.

Forward-looking Statements

This news release contains forward-looking information based on management’s best estimates and the current operating environment. These forward-looking statements are related to, but not limited to, AirIQ’s operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains statements with words such as “hope”, “goal”, “anticipate”, “believe”, “expect”, “plan” or similar words suggesting future outcomes. These statements are based upon certain material factors or assumptions that were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking statements, including AirIQ’s perception of historical trends, current conditions and expected future developments as well as other factors management believes are appropriate in the circumstances. Such forward-looking statements are as of the date which such statement is made and are subject to a number of known and unknown risks, uncertainties and other factors, which could cause actual results or events to differ materially from future results expressed, anticipated or implied by such forward-looking statements. Such factors include, but are not limited to, changes in market and competition, technological and competitive developments and potential downturns in economic conditions generally. Therefore, actual outcomes may differ materially from those expressed in such forward-looking statements. Forward-looking statements are provided for the purpose of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Other than as may be required by law, AirIQ disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of such information, future events or otherwise.

For more information please contact:

AirIQ Inc., Michael Robb, President and Chief Executive Officer, (905) 831-6444, [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: AirIQ Inc.

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