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AirIQ Inc (2)
Symbol IQ
Shares Issued 29,517,574
Close 2024-03-11 C$ 0.47
Market Cap C$ 13,873,260
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AirIQ appoints Lawless as chief revenue officer

2024-03-12 10:26 ET - News Release

Mr. Michael Robb reports

AIRIQ ANNOUNCES APPOINTMENT OF CHIEF REVENUE OFFICER

AirIQ Inc. has appointed Michael T. Lawless as chief revenue officer. With over 20 years of sales leadership experience in technology and wireless industries, Mr. Lawless has a record of generating new revenue streams through strategic partnerships and business development. Mr. Lawless will be responsible for the expansion of customer segments and business partnerships and will be influential in creating a strategic plan for boosting revenue streams.

"We are very excited that Mr. Lawless has agreed to join AirIQ effective March 25, 2024, to lead our sales, marketing and account management teams to drive recurring revenue growth," said Mike Robb, president and chief executive officer of AirIQ. "Mr. Lawless is based in San Diego and brings extensive wireless carrier and industry connections to AirIQ in a geographic region that will generate new opportunities. We believe that Mr. Lawless is a key element in delivering exceptional organic recurring revenue growth. In addition, Mr. Lawless will play a key role in identifying M&A [merger and acquisition] targets to drive inorganic growth in the future," continued Mr. Robb.

Mr. Lawless has held senior sales positions at Direct Communication Solutions Inc., Metrum Technologies, Kyocera and NexAira prior to joining the team at AirIQ.

"When I first met the AirIQ leadership team, I could tell that there was something special there. AirIQ's core company values, passion to provide best-in-class customer service, combined with an award-winning, mature IoT [Internet of Things] platform is a solid foundation to build upon. I am humbled and look forward to applying my 20-plus years of experience to the next chapter of the AirIQ story. I couldn't ask for a better fit," said Mr. Lawless.

About AirIQ Inc.

AirIQ celebrated its 27th anniversary of its founding 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.

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