HAMMONTON, N.J., Dec. 3 /PRNewswire-FirstCall/ -- Airtrax, Inc. (OTC Bulletin Board: AITX - News), a developer of patented, omni-directional technology with military and commercial applications, announced today that the Company was featured in a December 2, 2004 article in the Atlantic City Press entitled, "Reinventing the wheel to pay off for local firm," by Michael Baker. To view the article, visit http://www.otcfn.com/aitx.

An excerpt of the article states, "Developers of an omni-directional forklift say they'll start seeing revenues this quarter once commercial production begins on the trucks later this month.

"November was a busy month for Airtrax. Along with the impending production, the company announced a five-year agreement with distributors in Dubai, United Arab Emirates. Under the terms of the agreement, the distributors will promote Sidewinder(TM) sales in United Arab Emirates, Qatar and Bahrain. It could mean recurring sales of more than $2 million beginning in 2005, according to (Airtrax President Peter) Amico."

About Airtrax, Inc.

A U.S.-based developer of omni-directional technology, Airtrax designs and manufactures omni-directional vehicles. A patented wheel was designed and developed by Airtrax after receiving a technology transfer from the US Navy in the form of a Cooperative Research and Development Agreement (CRADA). The Sidewinder(TM) Omni-Directional Lift Truck and the MEC-Airtrax Phoenix(TM) aerial work platform (AWP) are the first omni-directional vehicles using omni- directional technology and the patented Airtrax wheel to be commercially produced. Unlike any other lift truck, the Sidewinder or the Phoenix AWP can turn 360 degrees in its own footprint, allowing warehouses to utilize 20 to 30% more of existing space. The nearly maintenance-free design also drastically reduces maintenance costs, delivering tremendous cost efficiencies to companies both large and small. The omni-directional wheel is manufactured under exclusive production rights to Airtrax. For more information and to view a must-see product demonstration, visit .

The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

 For more information, contact:

 OTC Financial Network

 Gary Geraci

 Investor Relations

 781-444-6100 x629

 garyg@otcfn.com

 See also http://www.otcfn.com/aitx

Source: Airtrax, Inc.

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