Star Navigation Announces Completion of Air North Pilot Project
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 05/30/13 -- Star Navigation Systems Group Ltd. (TSX VENTURE: SNA) ("Star" or the "Company"), announces that the Pilot Project utilizing an Air North Boeing 737-500 aircraft (see Press Release July 10, 2012) is now complete.
The Company wishes to thank Air North and its management for their very valuable assistance during the successful Pilot Project. Although the target aircraft was in dedicated charter service, and thus provided a relatively limited number of flight hours per month for analysis and customization purposes, suggestions, comments and guidance from Air North throughout the Project were most helpful. They allowed the Star development team to further refine and enhance the utility of the STAR-ISMS®System, and in addition, allowed the Airborne Data Service ("ADS") personnel at Astrium Services to utilize regular data provided by the Project to complete its Final Design System Review and the customer service modules of the ADS, which is now market ready for delivery to customers.
Air North has advised the Company that, given the present composition of their fleet, the full ADS offering of real-time in flight monitoring and detailed reporting of all flights is not appropriate to their current requirements. However, they do wish to utilize the tracking equipment and services supplied by the Company.
About Star Navigation: ()
Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the first system in the world to feature in-flight data-analysis, monitoring and diagnostics with a real-time connection between aircraft and ground. Its real-time capability of tracking performance-trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.
Forward Looking Statements
Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words "may" "would", "could", "will" and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star's actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.
Contacts:
Star Navigation Systems Group Ltd.
Viraf S. Kapadia
CEO
(416) 252-2889
Renmark Financial Communications Inc.
Bettina Filippone
(416) 644-2020 or (514) 939-3989
Renmark Financial Communications Inc.
Maurice Dagenais
(416) 644-2020 or (514) 939-3989
Renmark Financial Communications Inc. - Media
Guy Hurd
(416) 644-2020 or (514) 939-3989
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Datum: 30.05.2013 - 15:00 Uhr
Sprache: Deutsch
News-ID 1232320
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Aircraft
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