AIRESURF NETWORKS HOLDINGS INC.
121 Richmond Street West, Suite 501
Toronto, Ontario M5H 2K1
Tel: (416) 368-9411
Fax: (416) 861-0749

PRESS RELEASE FOR IMMEDIATE RELEASE

Canadian Trading and Quotation System Inc.
April 19, 2006, Toronto, Ontario
Symbol: AIRE
Shares Outstanding: 26,576,328

AIRESURF ANNOUNCES SETTLEMENT OF DEBT

Airesurf Networks Holdings Inc. (the “Company”) (CNQ - AIRE) announces that it has agreed to settle an aggregate of $148,642 of indebtedness through the issuance of an aggregate of 743,210 Class A Voting Shares in the capital of the Company at a price of $0.20 per share. The indebtedness represents half of the unpaid management fees owing to a former director of the Company and his management company.

In addition, the Company has issued convertible promissory notes in the principal amount of $148,642 to evidence the balance of unpaid management fees owing. The notes bear interest at prime plus 5% and mature on the earlier of: (i) January 1, 2008; and (ii) the month following the Company achieving consolidated net earnings of $750,000. Each $0.20 of principal owing under the notes may be converted into one Class A Voting Share.

New management will continue its efforts to strengthen the financial condition of the Company by reducing existing indebtedness and continuing to source additional funds.

For further information, contact: Mr. Paul Brent, President at (416) 368-9411.