AirIQ Announces Results for March 31, 2013
Improved Annual Operating Cash Flow and 4th Consecutive Quarter of Revenue Growth
AirIQ Announces Closing of Shares for Debt Transaction
TORONTO, ONTARIO — (Marketwired) — 06/14/13 — AirIQ Inc. (the "Company" or "AirIQ") (TSX VENTURE: IQ), a supplier of wireless location-based services, today announced the closing of the previously announced issuance of 3,300,000 common shares at a price of $0.05 per share to settle outstanding debts in the aggregate amount of $165,000.A total of 3,300,000 shares were issued; 2,000,000 to Mosaic Capital Partners LP ("Mosaic"), and 1,300,000 to 2204671 Ontario Lt
AirIQ Announces Shares for Debt Transaction
TORONTO, ONTARIO — (Marketwired) — 06/12/13 — AirIQ Inc. (the "Company" or "AirIQ") (TSX VENTURE: IQ), a supplier of wireless location-based services, today announced that it has reached an agreement whereby the Company will issue 3,300,0000 common shares at a price of $0.05 per share to settle outstanding debts in the aggregate amount of $165,000.The Company-s lenders, Mosaic Capital Partners LP ("Mosaic") and 2204671 Ontario Ltd. ("2204671"), have a
AirIQ Signs Contract With Major Rental Company
TORONTO, ONTARIO — (Marketwired) — 05/21/13 — AirIQ Inc. (TSX VENTURE: IQ) is pleased to announce that an existing major North American rental customer has selected AirIQ to provide its wireless location and asset management solution for its commercial operations."We are extremely pleased that we have been awarded this blanket contract," said Donald Gibbs, President and Chief Executive Officer of AirIQ. "We believe that our robust technology, proven ROI and superior level of
AirIQ Changes Auditors
TORONTO, ONTARIO — (Marketwired) — 05/08/13 — AirIQ Inc. (TSX VENTURE: IQ) today announced a change of auditors.The Board of Directors of AirIQ Inc. (the "Company") have appointed McGovern, Hurley, Cunningham, LLP ("MHC") as auditors of the Company, replacing the firm, BDO Canada LLP ("BDO").The decision to change auditors was not the result of any disagreement between the Company and BDO on any matter of accounting principals or practices, financial statement
AirIQ Announces Results for Quarter Ended December 31, 2012
TORONTO, ONTARIO — (Marketwire) — 02/25/13 — 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, 2012."The Company delivered a small sequential growth in quarterly revenue," said Donald Gibbs, President and Chief Executive Officer of AirIQ. "However, the potential increase could have been greater were it not for delays from two large cu
AirIQ Customer Recognizes 145% Return on Investment Utilizing AirIQ-s Products
TORONTO, ONTARIO — (Marketwire) — 01/21/13 — AirIQ Inc. (TSX VENTURE: IQ) is pleased to announce that a large rental car customer located in Texas achieved a 145% return on investment in just one year after implementing AirIQ-s solution in their fleet. In the previous year the customer reported losing a total of six vehicles and wrote off more than $100 thousand dollars in losses. The President of the rental car company said, "Since implementing AirIQ-s Plug and Track device in our fle
AirIQ Announces Director Resignation
TORONTO, ONTARIO — (Marketwire) — 11/26/12 — AirIQ Inc. ("AirIQ" or "the Company") (TSX VENTURE: IQ), a supplier of wireless location-based services, today announced that Mathew Wilson has resigned from the Company-s Board of Directors.Mr. Wilson has been a member of the AirIQ Board since April, 2011, and held several positions on various committees of the Board of AirIQ. "We have appreciated Mat-s support and contribution and wish him success in his future endeavou
AirIQ Settles Legal Claim
TORONTO, ONTARIO — (Marketwire) — 07/03/12 — AirIQ Inc. (TSX VENTURE: IQ) is pleased to announce the signing of a settlement agreement in connection with a product liability claim filed by a former customer in the District Court, East Central Judicial District in Fargo, North Dakota.Pursuant to the settlement agreement, the parties agreed to release all claims against each other in consideration of the Company paying the former customer a total of US$97,500. Approximately one third of the s
AirIQ Announces Q2 Fiscal 2012 Interim Results
TORONTO, ONTARIO — (Marketwire) — 11/28/11 — AirIQ Inc. ("AirIQ" or "the Company") (TSX VENTURE: IQ), a supplier of asset management services, today announced its financial results for its second quarter ended September 30, 2011.Q2 Fiscal 2012 Highlights:"We are pleased to report these improving quarterly results," said Don Gibbs, President and Chief Executive Officer of AirIQ. "Our continuing commitment to supply small to medium size fleets with economica