AirIQ Announces Repayment of Outstanding Loan

AirIQ Announces Repayment of Outstanding Loan

TORONTO, ONTARIO — (Marketwired) — 02/26/15 — AirIQ Inc. ("AirIQ" or "the Company") (TSX VENTURE: IQ), a supplier of wireless location-based services, today announced that it has repaid the outstanding amount due on its loan to Mosaic Capital Partners LP ("Mosaic").In December 2013, the Company entered into a credit facility with Mosaic and executed a promissory note in favour of Mosaic in the amount of $100,000. The loan had a maturity date of June 17, 2015 an

AirIQ Announces Profitable Results for the Third Quarter; Revenue Growth of 12%

AirIQ Announces Profitable Results for the Third Quarter; Revenue Growth of 12%

TORONTO, ONTARIO — (Marketwired) — 02/04/15 — AirIQ Inc. ("AirIQ") (TSX VENTURE: IQ), a supplier of wireless asset management services, today announced its financial results for the three months and nine months ended December 31, 2014."The Company is pleased to announce that it achieved profitable results for the third quarter in a row," said Michael Robb, President and Chief Executive Officer of AirIQ, "once again hitting all three targets of positive EBITDAS, posi

AirIQ Announces Enhanced Map Overlay Features

AirIQ Announces Enhanced Map Overlay Features

TORONTO, ONTARIO — (Marketwired) — 01/08/15 — AirIQ Inc. ("AirIQ" or "the Company") (TSX VENTURE: IQ), a supplier of wireless asset management services, today announced the launch of two new enhanced map overlay features for Customers. The new overlays include third party traffic information and GPS oilfield locations and road information for Canadian oil and gas companies. These enhancements, combined with AirIQ–s existing asset tracking information, offer improved ass

AirIQ Announces New Banking Relationship Including Credit Facility

AirIQ Announces New Banking Relationship Including Credit Facility

TORONTO, ONTARIO — (Marketwired) — 12/15/14 — AirIQ Inc. ("AirIQ" or "the Company") (TSX VENTURE: IQ), a supplier of wireless asset management services, today announced the establishment of a new banking relationship with Royal Bank of Canada (the "Bank"), including new credit facilities to assist AirIQ in its growth strategies."AirIQ has been seeking a banking partner that understands the Company–s business potential and can support us in our growth stra

AirIQ Announces Profitable Results for Second Quarter in a Row; Revenue Growth of 11%

AirIQ Announces Profitable Results for Second Quarter in a Row; Revenue Growth of 11%

TORONTO, ONTARIO — (Marketwired) — 11/06/14 — AirIQ Inc. ("AirIQ") (TSX VENTURE: IQ), a supplier of wireless asset management services, today announced its financial results for the three months and six months ended September 30, 2014."The Company is pleased to announce that it achieved profitable results for the second quarter in a row," said Michael Robb, President and Chief Executive Officer of AirIQ, "positive EBITDAS of $89,403, net income of $51,856 and positi

AirIQ Announces Stock Option Grant

AirIQ Announces Stock Option Grant

TORONTO, ONTARIO — (Marketwired) — 09/17/14 — AirIQ Inc. ("AirIQ" or "the Company") (TSX VENTURE: IQ), a supplier of wireless asset management services, today announced that effective September 17, 2014, the Board of Directors granted stock options to each of the non-executive Board members in consideration for acting on the Company–s Board. A total of 250,000 options for common shares were granted with an exercise price of $0.08 per share, in lieu of any cash compensat

AirIQ Announces $485,000 Financing

AirIQ Announces $485,000 Financing

TORONTO, ONTARIO — (Marketwired) — 12/12/13 — AirIQ Inc. ("AirIQ" or "the Company") (TSX VENTURE: IQ), a supplier of wireless asset management services, today announced that it has signed a non-binding term sheet for a non-brokered $485,000 financing comprised of a $100,000 loan and the issuance of 7,700,000 common shares of the Company for consideration of $385,000."Three major customer opportunities are driving the need for working capital to execute on revenue gr

AirIQ Announces New Board Member

AirIQ Announces New Board Member

TORONTO, ONTARIO — (Marketwired) — 09/18/13 — AirIQ Inc. ("AirIQ" or "the Company") (TSX VENTURE: IQ), a supplier of wireless asset management services, today announced that George Christopoulos was elected to the Company-s Board of Directors at the Company-s annual meeting of shareholders held earlier today.Mr. Christopoulos replaces former director, Emmanuel Mounouchos, who chose not to stand for re-election as a director at the Company-s annual meeting of shareholders