Mr. Michael Robb reports

AIRIQ ANNOUNCES MAJOR CUSTOMER WIN ACCELERATING GROWTH IN RECURRING REVENUE

AirIQ Inc. has secured a significant customer win with a global leader in the transportation logistics and compliance technology space. This customer is expected to generate approximately $300,000 in annual recurring revenue (ARR) over a period of several years, marking a significant lift to AirIQ's recurring revenue base. Future growth in hardware and recurring revenue is also anticipated as additional solutions are rolled out to this customer, leveraging previously announced strategic partnerships.

The new customer, a prominent North American provider of fleet compliance, telematics and safety solutions, was secured through AirIQ's strategic partnership with Phillips Connect, a recognized leader in smart trailer and fleet technology. Through this collaboration, AirIQ delivered a seamlessly integrated solution designed to help large fleet operators enhance visibility, safety and operational efficiency.

"This major customer win is a significant step in validating that our investments in sales and marketing are starting to have the desired effect of increasing recurring revenue immediately and in the future," commented Michael T. Lawless, AirIQ chief revenue officer. "It reflects the growing demand for our solutions while demonstrating our ability to secure high-value customers. As we continue to execute our strategy, we remain focused on driving sustainable growth and expanding our recurring revenue base," continued Mr. Lawless.

About AirIQ Inc.

AirIQ was founded in 1997 and is a pioneer in IoT-based (Internet of things) 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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