Airtrax's SIDEWINDER(TM) Featured in Industrial-Utility Vehicle & Mobile Equipment Magazine
Thursday March 3, 8:03 am ET

HAMMONTON, N.J., March 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 the January/February 2005 issue of Industrial-Utility Vehicle & Mobile Equipment Magazine (IUV), a publication serving engineers, Original Equipment Manufacturers (OEMs), dealers, managers and technical professionals involved in the design, manufacture, sales, service and fleet management of lift trucks, material handling equipment, special purpose vehicles and mobile equipment. To access the article entitled "Airtrax SIDEWINDER ATX-3000 Utilizes Omni-Directional Vehicle Technology," visit http://www.otcfn.com/aitx. (Photo:

http://www.newscom.com/cgibin/prnh/20040824/PHTU001-b )

An excerpt from the article states, "Airtrax SIDEWINDER ATX-3000 industrial forklifts utilize a unique technology to perform tasks in which tight maneuvering is a necessity. The SIDEWINDER's Omni-directional movement allows it to travel in all directions, making it useful in tight spaces where turns are not possible and finite control is a must. The truck features 48 volt transistor controls with infinitely variable travel, lift and lower speeds, ergonomic controls and operator comfort ... The unique design of the four 21 by 12, independently driven drive wheels further enable the SIDEWINDER's Omni-directional capabilities."

Airtrax CEO Peter Amico stated, "The momentum for our SIDEWINDER ATX-3000 lift truck continues to build. Professionals in our industry are citing the uniqueness of our Omni-Directional Technology design and giving praise to the SIDEWINDER's mobility and control. We are excited to be on the fast track to making Omni-Directional Technology commercially viable for the first time in the global materials handlings industry."

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 Airtrax-MEC Cobra (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 Cobra AWP can turn 360 degrees in its own footprint, travel sideways or move in any direction, allowing warehouses to increase storage density up to 20 - 30%. The nearly maintenance-free design also reduces maintenance costs, delivering cost efficiencies to companies both large and small. The Airtrax patented Omni- Directional wheel is manufactured exclusively for Airtrax vehicles. For more information and to view a must-see product demonstration, visit http://www.airtrax.com.

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.

CONTACT: U.S. Investor Relations: Gary Geraci, OTC Financial Network, +1-781-444-6100 x629, garyg@otcfn.com; or European Investor Relations: Herbert Strauss, EU-IR.com, +43 316 296 316, Herbert@eu-ir.com, both for Airtrax.

Source: Airtrax, Inc.

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