11:30:25 EST Thu 26 Dec 2024
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AirIQ Inc (2)
Symbol IQ
Shares Issued 29,360,074
Close 2024-08-26 C$ 0.45
Market Cap C$ 13,212,033
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AirIQ signs partnership agreement with TD Synnex

2024-08-27 15:51 ET - News Release

Mr. Michael Robb reports

AIRIQ AND TD SYNNEX ANNOUNCE STRATEGIC PARTNERSHIP TO BOOST CHANNEL ACCESS

AirIQ Inc. has entered a strategic partnership with TD Synnex, a leading global distributor and solutions aggregator for the IT (information technology) ecosystem. This alliance is set to enhance the distribution of AirIQ's IoT (Internet of things) solutions across North America.

This partnership aims to leverage TD Synnex's robust distribution network so AirIQ can forge further partnerships with different large channels. These various partnerships create opportunities for additional sales through distribution partners by offering combined products. This strategy will expand AirIQ's reach, leading to greater market penetration.

"This partnership with TD Synnex allows us to expand our market reach through further channel partnerships," said Mike Robb, president and chief executive officer of AirIQ. "Channel partnerships will come with their own team of various sales representatives who will sell the combined product offerings to a wider audience than before. Together, we will deliver a comprehensive solution that meets the dynamic needs of businesses across an expanded market that has not been accessible to AirIQ in the past," continued Mr. Robb.

"TD Synnex is committed to uniting IT solutions that deliver business outcomes today and unlock growth for the future," said Marcie Stout, vice-president of product management at TD Synnex. "With AirIQ added to our vast portfolio of vendor partners, we're able to enrich the breadth and depth of our IoT offerings so customers can do great things with technology."

AirIQ plans to continue to enhance its product offerings, with upcoming initiatives aimed at further integrating into TD Synnex's distribution channels to expand AirIQ's reach. Both companies are dedicated to driving innovation in the IoT space, ensuring that their customers stay ahead in a rapidly evolving technological landscape.

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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