June 20, 2008

AirIQ Appoints Interim Chief Financial Officer

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TORONTO– AirIQ Inc., a provider of wireless location-based services, specializing in telematics and security, has appointed Donald Gibbs to the position of interim chief financial officer, effective June 13. Gibbs has also been appointed as a director nominee for consideration at the upcoming Annual Meeting of Shareholders of the company on June 25.

Gibbs is a Certified Management Accountant with the Canadian Society of Management Accountants. He has held numerous CEO and CFO positions in high technology companies during his career.

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