American Aires Announces Study Aimed at Using Lifetune Technology to Reduce Negative EMF Impacts on Honey Bees

Toronto, Ontario--(Newsfile Corp. - October 29, 2021) - American Aires Inc. (CSE: WIFI) (the "Company" or "Aires") today announced a new field study aimed at observing the effectiveness of their Lifetune technology as a solution for reducing the harmful effects of exposure to electromagnetic fields ("EMF") on honey bees. This study will be open to small-scale commercial and hobbyist beekeepers in the US and Canada.

Existing research indicates that long term exposure to electromagnetic fields (EMF) may cause harmful biological effects in honey bees¹. Exposure to EMFs creates environmental stressors for honey bees, impacting cognitive and motor abilities, reducing the ability to learn, altering flight dynamics, as well as reducing the success of foraging flights, feeding and reproduction. The aim of this study is to observe the reduction or elimination of the aforementioned negative effects in the presence of Aires Lifetune technology.

"Beekeepers are in an ideal position to provide valuable, first-hand observations about the health of their colonies and the effect of this environmental stressor. The data that beekeepers will contribute is expected to be an immensely useful addition to our research. Moreover, their findings could lead to further product innovation and additional improvements in EMF protection for affected species such as honey bees," commented Josh Bruni, Chief Revenue Officer at Aires. "We are thrilled to build on our previous work with honey bees where we will be able to positively contribute to an industry that is experiencing an increasing number of environmental challenges. This move also hints at the multitude of non-consumer applications that our technology has, and is the start of that expansion into these new and innovative channels of business."

This research will complement Aires' earlier laboratory studies that also showed the effectiveness of Lifetune technology in reducing the negative effects of EMF exposure on honey bees.

About American Aires Inc.

American Aires Inc. is Canadian-based nanotechnology company which has developed proprietary silicon-based microprocessors that reduce the harmful effects of electromagnetic radiation (EMR). The technology was developed by a team of highly accredited scientists and confirmed by independent third-party validation including peer reviewed studies and publications in scientific journals. Aires' Lifetune products specifically target EMR emitted by consumer electronic devices such as cellphones, computers, baby monitors, Wi-Fi radiation, including the rapidly expanding next-generation high-speed 5G networks. Aires is listed on the CSE under ticker 'WIFI'. Learn more at www.airestech.com.

On behalf of the board of directors

Company Contact:

Dimitry Serov, CEO
Email: dimitry@airestech.com
Telephone: (905) 482-4667
Website: www.airestech.com

For further information please contact:

5 Quarters Investor Relations, Inc.
Cindy Gray, CEO & Managing Director
Email: wifi@airestech.com
Telephone: (403) 705.5076

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

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¹ Previous research on this area of study is available online in the following reports: Report 1, Report 2, Report 3, and Report 4.

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