Wi-Tronix and Florida East Coast Railway Team to Improve Operational Efficiency and Service Reliability

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Florida East Coast Railway ("FEC"), the transportation subsidiary of Florida East Coast Industries, Inc. (NYSE: FLA) ("FECI"), and Wi-Tronix, LLC have completed deployment of Wi-Tronix’s wireless remote monitoring solutions on FEC’s entire locomotive fleet.

Florida East Coast Railway ("FEC"), the transportation subsidiary of Florida East Coast Industries, Inc. (NYSE: FLA) ("FECI"), and Wi-Tronix, LLC have completed deployment of Wi-Tronix’s wireless remote monitoring solutions on FEC’s entire locomotive fleet. FEC’s wireless monitoring system is comprised of two core Wi-Tronix products, Wi-Tracker and Wi-DownloadER. Both products utilize Wi-Tronix’s ruggedized onboard Wireless Processing Unit (Wi-PU).

Wi-Tracker is an enhanced locomotive tracking system utilizing differential GPS, commercial cellular technology and an ultra-sonic fuel level sensor. In addition to standard tracking data such as position and speed, FEC is able to view key locomotive operating parameters such as fuel level, throttle position, horsepower, brake pressure and signal aspect. Increasing the visibility of fleet operations enables improved efficiency and locomotive utilization.

Wi-DownloadER allows FEC to wirelessly download locomotive event recorders or “Black Boxes” both periodically and on demand. Data from the locomotive’s event recorder is used to monitor crew performance and investigate incidents. Inefficient operations that waste fuel and increase equipment wear can be identified using data delivered wirelessly by Wi-DownloadER. Additionally, event recorder information can be used to implement predictive maintenance programs that ultimately reduce locomotive operating costs. Wi-Tronix’s Universal Event Recorder Interface technology allows wireless download of event recorders manufactured by several companies including Bach-Simpson, Q-Tron, Pulse, Wabtec, Rockwell, Quantum, EMD and Oregon Technical Products.

“Wi-Tronix gives FEC the ability to integrate technologies that improve the operational efficiency and service reliability of our fleet. After two years of investigating options, we determined that the Wi-Tronix solution is the most economical and versatile while providing a platform for future development,” said Gary Griffiths, Vice President and Chief Mechanical Officer of FEC.

About Wi-Tronix, LLC:

Wi-Tronix, LLC, headquartered in Bolingbrook, IL, provides products and services to wirelessly monitor high-value mobile assets used in rail, marine and other commercial and industrial operations. Wi-Tronix’s mission is to enable businesses to improve the operational efficiency, service reliability and safety of high-value mobile assets. For additional information visit the Wi-Tronix website at http://www.WI-TRONIX.com.

About Florida East Coast Railway:

Florida East Coast Industries, Inc., headquartered in St. Augustine, FL, conducts operations through two distinct businesses, Flagler Development Group (Flagler), its commercial real estate operation, and Florida East Coast Railway, L.L.C. (FECR). Flagler owns, develops, leases and holds in joint ventures, approximately 8.8 million square feet of Class-A office and industrial space, as well as an additional 753,000 square feet under construction. Flagler space consists of Class-A office and industrial properties, primarily in Jacksonville, Orlando, Ft. Lauderdale and Miami. In addition, Flagler provides construction, consulting, third party brokerage and management (approximately 12 million square feet) services and owns 846 acres of entitled land in Florida, which is available for development of up to an additional 16 million square feet and Flagler owns approximately 3,158 acres of other Florida properties. FECR is a regional freight railroad that operates 351 miles of mainline track from Jacksonville to Miami and provides intermodal drayage services at terminals located in Atlanta, Jacksonville, Ft. Pierce, Ft. Lauderdale and Miami. For more information, visit the Company's Web site at http://www.feci.com.

For Further info:

Wi-Tronix Media Contact:

Michael D. Heilmann

(888) 948-7664 X302

FEC Media Contact:

Brian J. Nicholson

(904) 819-2119

Wi-Tronix, Wi-Tracker, Wi-DownloadER and Wi-PU are the trademarks of Wi-Tronix, LLC

Copyright 2006, Wi-Tronix, LLC

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Michael Heilmann
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