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Hi Guys,

This is an interesting little Canadian Company that I have owned for a short while (five weeks). I like the technology and think it has a great future. I also would not be surprised if some of the big US guys were looking to buy the company.

I own some. ;-)

Tim

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AirIQ Selected To Provide Telematics Systems To Directed Electronics: Plans Include Rapid Deployment Of Four Leading Vehicle Security Brands
NEWS RELEASE TRANSMITTED BY CCNMATTHEWS

AirIQ Inc.

June 29, 2005 - 07:10:32 ET

AirIQ Selected To Provide Telematics Systems To Directed Electronics: Plans
Include Rapid Deployment Of Four Leading Vehicle Security Brands


TORONTO, ONTARIO--(CCNMatthews - June 29, 2005) - AirIQ Inc. (TSX:IQ), a
leader in the Telematics industry, announces that it has entered into a
definitive agreement with Directed Electronics Inc. to supply its end-to-end
consumer Telematics solution designed for four (4) of Directed Electronics'
market leading consumer brands.

Directed Electronics is one of the largest ISO 9001 registered suppliers of
consumer branded vehicle security and convenience systems. Directed
Electronics will market the AirIQ built Telematics system to consumers through
its distribution channels under the well known brands; Viper(R), Clifford(R),
Python(R) and Automate(R). AirIQ will supply the in-vehicle equipment,
wireless provisioning services, hosted Internet and telephone consumer
interfaces, and customer call centre support.

"Directed's consumer electronics brands are widely recognized and respected in
the vehicle security industry," says Don Simmonds, President and CEO of AirIQ.
"It is an honour to be selected as the solution provider for such an
aggressive market thrust. In addition to their dominance within North America,
Directed's network of dealers and agents extends internationally as well."

"Telematics is one of our targeted emerging markets and we are pleased to be
aligned with AirIQ, who we consider to be the foremost provider of such
services to the consumer market," explains Jim Minarik, President and CEO of
Directed Electronics. "Our evaluation of new products and services has led us
to a leading Telematics offering that will provide a strong business
opportunity for our customers."

Revenue from the definitive agreement does not carry a specific value but
commences with an initial shipment of 2,000 vehicular devices in June 2005.
The value of the agreement will arise from the mutual market success of the
parties.

About Directed Electronics

Directed Electronics is a market leader for vehicle security devices across
multiple channels including regional retailers, national retailers, car
dealers and OEMs, and "Mom & Pop" independent retailers. International
distribution of Directed Electronics' products and services covers 58
countries in total. Directed Electronics owns and markets such well-known
security and remote start brands as Viper, Clifford, Hornet, Python, Avital
and Valet, and offers five branded GPS tracking products. Directed is also a
prominent supplier of car audio equipment with its Directed Audio line, as
well as a/d/s/ Mobile, Precision Power (PPI) and Orion brands. The company
also markets a/d/s/ Home & Architectural products, as well as a full line of
mobile entertainment products including LCD monitors and DVDs in the Directed
Video line. Directed Electronics is proud to be the supplier of select SIRIUS
products in the retail mobile electronics aftermarket, including the
Sportster, Starmate and Starbase, SiriusConnect tuners, and a variety of
accessories. In 2004, Directed acquired Definitive Technology, one of the
world's premier designers and marketers of home audio loudspeakers. For more
information please visit www.definitivetech.com. Directed is registered in the
ISO 9001 international quality standard.

Directed Electronics is a portfolio company of Trivest, Inc., a private equity
firm based in Miami, Florida. Since its founding in 1981, Trivest has
sponsored more than 105 acquisitions and recapitalizations totaling more than
$2 billion in value. For more information, please visit
http://www.directed.com/ and http://www.trivest.com/.

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 and
vessels. AirIQ's services are offered to five primary markets: Commercial
Fleets; Consumer; Vehicle Finance; Indirect Distribution; and Marine Fleets.
AirIQ gives vehicle and vessel 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, its products and services, please visit the
Company's website at www.airiq.com.



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