Airtrax Names Former GM Production Manager to Head Up New Assembly Facility

Wednesday July 27, 8:00 am ET

HAMMONTON, N.J., July 27 /PRNewswire-FirstCall/ -- Airtrax, Inc. (OTC Bulletin Board: AITX - News), a developer of patented, omni-directional technology with military and commercial applications, announced today it has signed a three-year lease for a 30,000-sq.-ft. assembly operations in Blackwood, New Jersey. The Company has appointed Frank E. Cooper as Plant Manager, who will be responsible for spearheading the Company's new facility for the assembly of SIDEWINDER(TM) Omni-Directional Lift Trucks and Airtrax-MEC Cobra(TM) Aerial Work Platforms. The Company anticipates that the plant will employ 40 people and be operational and producing lift trucks in the Fall of 2005.

Since 2004, Mr. Frank Cooper has served as the President and Owner of LaBisc Corporation, a management consulting company, where he is focused on improving efficiencies and ISO-9000 protocols. From 1980 to 1998, Mr. Cooper served as Production Manager with the Delphi Automotive Division of General Motors (GM). In this capacity, Mr. Cooper directed all manufacturing activities of the $300 million component parts division of this GM plant, which had more than 1,600 employees. From 1998 to 2004, he was Director of Sales and Marketing at L&Z Tool and Engineering, an injection mold building company with annual revenues of $8 million. Mr. Cooper is a member of the Board of Directors of the New Jersey Manufacturing Extension Program, Inc. He holds a Bachelor of Science degree in Mechanical Engineering from the General Motors Institute in Flint, Michigan.

Peter Amico, President of Airtrax, stated, "We believe that Frank's knowledge and experience gained as a production manager at GM, as well as his direct experience in management consulting, ISO-9000 protocols and operational efficiencies, makes him an ideal fit to head up production at the new plant. We anticipate that the new assembly facility, with Frank as Plant Manager, will enable us to continue to fill our strong backlog of orders. We expect deliveries on our vehicles to increase substantially in the third quarter with full production of the lift truck before year's end."

Frank Cooper, Airtrax Plant Manager, stated, "I'm excited by the opportunity to bring the Company's technologies to the market. I believe the capabilities of the SIDEWINDER and Airtrax-MEC Cobra aerial work platform (AWP) can positively transform the global material handling industry."

About Airtrax, Inc.

A U.S.-based developer of omni-directional technology, Airtrax designs and manufactures omni-directional vehicles. The Airtrax 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. 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 .

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 involve 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 further information, contact:
At the Company: Investor Relations:
Airtrax The Equity Performance Group,
Peter Amico an affiliate of OTC Financial Network
President Gary Geraci
609-567-7800 617-723-2373
pamico@airtrax.com gary@equityperfgp.com
http://www.otcfn.com/aitx
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Source: Airtrax, Inc.

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