CNBC Features Airtrax - 'Reinvention of the Wheel' on May 6, 2005; Broadcast Now Available Online

CNBC Features Airtrax - 'Reinvention of the Wheel' on May 6, 2005; Broadcast Now Available Online

HAMMONTON, N.J., May 10 /PRNewswire-FirstCall/ -- Airtrax, Inc. (BULLETIN BOARD: AITX) , a developer of patented, Omni-Directional Technology with military and commercial applications, announced today that the story behind the Airtrax "Reinvention of the Wheel(TM)" was featured on the Closing Bell Show on CNBC with Maria Bartiromo on Friday, May 6, 2005. In the segment opening, Ms. Bartiromo stated Airtrax "Reinvention of the Wheel" was "a technology that promises to have a profound financial impact on businesses all over the world." The segment is now available for viewing online at http://www.otcfn.com/aitx or http://www.airtrax.com/, the Company website.

The CNBC story focuses on the 10-year development history of the Airtrax wheel, the innovation behind its design and function, the manufacture of the wheels by Timken (NYSE:TKR) and Airtrax's goal to revolutionize the materials 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. We believe 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.

For more information, contact:
Russ Huntley
(201) 824-0117
rgnh@optonline.net

U.S. Investor Relations:
OTC Financial Network
Gary Geraci
617-723-2373
http://www.otcfn.com/aitxgaryg@otcfn.com

Source: Airtrax, Inc.

CONTACT: Russ Huntley of Airtrax, +1-201-824-0117, rgnh@optonline.net;
or U.S. Investor Relations: Gary Geraci of OTC Financial Network,
+1-617-723-2373, garyg@otcfn.com

Web site: http://www.airtrax.com/
http://www.otcfn.com/aitx

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