FOR IMMEDIATE RELEASE

          Airtrax Releases Preliminary First Quarter 2006 Revenues

     ---Preliminary First Quarter Revenues Up 20% over Fourth Quarter 2005---

Date & Time Stamp

BLACKWOOD,  NJ, April 26, 2006 -- Airtrax,  Inc. (OTCBB:  AITX ), a developer of
patented, omni-directional technology with military and commercial applications,
today announced  preliminary,  unaudited revenues of approximately  $657,593 for
the first quarter ending March 31, 2006.  Revenues  increased  approximately 20%
sequentially  versus  revenues of $547,000  in the fourth  quarter of 2005.  The
Company sold and delivered 16 SIDEWINDER(TM) Omni-Directional Lift Trucks in the
first quarter of 2006,  versus 14 vehicles in the fourth  quarter of 2005.  Full
results are available by  referencing  the  Company's  Form 10-QSB for the three
months ended March 31, 2006 to be filed with the SEC.

Peter Amico,  Airtrax  President and CEO  commented,  "We believe that our first
quarter  results   reflect  real  market   interest  in  Airtrax's   proprietary
omni-directional  vehicles.  In  addition,  we believe  that our  manufacturing,
systems and supply chain operations have shown improvements so far this year. We
remain  focused on  refining  these  efficiencies.  Our  production  capacity is
steadily increasing and demand remained steady in the current quarter."

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 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 and virtual plant
tour, 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 further information, contact:
At the Company:

Airtrax


Peter Amico
President
856-232-3000
pamico@airtrax.com
http://www.airtrax.com

Investor Relations:
The Equity Performance Group
Gary Geraci
617-723-2373
gary@equityperfgp.com
http://www.equityperfgp.com


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