AirIQ Expands Presence in the U.S. with New San Diego Location

TORONTO, ON / ACCESSWIRE / April 30, 2024 / AirIQ Inc. ("AirIQ") (TSXV:IQ), a leader in IoT based asset management solutions since 1997, is pleased to announce the opening of its new U.S. based location in San Diego, California.

The new San Diego location will serve as a sales and marketing hub for AirIQ's operations, allowing the company to better cater to the needs of its existing customers and new opportunities on the West Coast. By establishing a physical presence in this key region, AirIQ aims to accelerate its market penetration efforts through fostering collaboration with industry partners located in the area to drive growth in recurring revenue.

This strategic expansion marks a significant milestone in AirIQ's growth trajectory as part of its investment phase, further solidifying its commitment to providing solutions to a broader customer base.

"San Diego's vibrant tech landscape and commitment to innovation make it the perfect home for the next chapter of the AirIQ story. This move represents a pivotal step forward in our growth strategy and highlights our dedication to meeting the growing demand for IoT solutions across the United States" said Mike Robb, President and Chief Executive Officer of AirIQ. "With our new presence in San Diego, we look forward to deepening our relationships with customers and partners in the region while driving continued growth and success for AirIQ. Our new IoT hub will not only tap into the city's rich talent pool but also contribute to its reputation as a leading smart city. We're excited to connect and create in a community that's as forward-thinking as our technology" continued Mr. Robb.

AirIQ invites customers, partners, and stakeholders to join in celebrating the opening of its San Diego location and looks forward to building lasting relationships within the local community.

About AirIQ

AirIQ (TSXV: IQ) 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. For additional information on AirIQ please visit the Company's website at www.airiq.com or follow us on LinkedIn, Facebook, and Twitter and Instagram.