AirIQ Revenues Rise

AirIQ Inc., Pickering, Ont., Canada, reported increased revenues for the second quarter ended June 30, 2004.

AirIQ provides mobile communications and asset tracking services.
Revenues to $2,681,260 from $1,990,100 for the same quarter last year. The net loss for the quarter was $2,357,033, or $0.03 per share compared with $2,051,222, $0.04 per share for the same period in 2003.
According to AirIQ, the net loss can be attributed primarily to increased operating expenses required to facilitate initiatives in consumer markets.
For more information, visit www.airiq.com.