Mr. Michael Robb reports

AIRIQ AND PHILLIPS CONNECT ANNOUNCE STRATEGIC PARTNERSHIP

AirIQ Inc. has formed a strategic partnership with Phillips Connect, a renowned technology company specializing in Internet of Things devices and solutions.

This collaboration represents a significant milestone for AirIQ as it continues to broaden its portfolio of offerings and deliver value-driven solutions to businesses across diverse industries. By joining forces with Phillips Connect, AirIQ aims to enhance its IoT offerings available to customers in North America. Furthermore, this alliance opens up an exciting new market expansion opportunity for AirIQ: trailer tracking. With Phillips Connect's expertise in this area, AirIQ can now address the specific needs of trailer fleet operators, providing tailored solutions that enhance safety, security and operational efficiency.

"Teaming up with Phillips Connect is a big step for AirIQ as we grow and offer more helpful solutions to businesses in different fields," said Mike Robb, president and chief executive officer of AirIQ. "This partnership means we can give our customers a wider range of solutions for all sorts of needs. In addition to that, it's a chance for us to expand within the existing trailer tracking market segment with Phillips Connect's history and expertise in this area," continued Mr. Robb.

AirIQ eagerly anticipates showcasing its enhanced IoT solutions at upcoming industry events and encourages stakeholders to connect and explore partnership opportunities.

About AirIQ Inc.

AirIQ was founded in 1997 and is a pioneer in IoT-based asset management solutions. AirIQ's solutions allow commercial businesses to reliably, effectively and efficiently monitor assets in near real time. The company develops iOS and Android mobile and Web-based applications, and cloud-based solutions that stand alone or that can be readily integrated with existing software. AirIQ solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery powered solution for non-powered assets.

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