|By Marketwired .||
|June 2, 2014 01:47 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 06/02/14 -- Star Navigation Systems Group Ltd. (TSX VENTURE: SNA)(OTCBB: SNAVF) ("Star" or the "Company") announces that it recently accepted an invitation from the Malaysian Minister of Communications and Multimedia, and the International Telecommunication Union ("ITU"), to attend the Expert Dialogue on Real-time Monitoring of Flight Data Conference in Kuala Lumpur, Malaysia, May 26 and 27.
The conference was convened following the recent International Civil Aviation Organization ("ICAO") meetings in Montreal, which the Company also attended. Organized in response to the complex investigation into the disappearance of Malaysia Airlines flight MH370, the ICAO meetings addressed the matter of how modern technologies could help put in place a more efficient system for worldwide tracking and monitoring of aircraft.
Under ICAO guidance, and hosted by the Malaysian Minister of Communications and Multimedia, over 50 industry experts from all over the world including official representatives of many countries, regulatory bodies, airlines (IATA) and the industry in general, including Airbus and Boeing, were invited. In addition, innovative new companies such as Star Navigation, met in Kuala Lumpur to review and comment on available technologies and their implementation, so that aircraft can actually and efficiently be tracked, increasing the safety of all passengers.
The Star STAR-A.D.S. system already provides accurate, continuous tracking information, relayed through satellite, through minute by minute "heart beats", giving position, altitude, speed and heading of an aircraft to the airline's operations center, in addition to real time Black Box flight data streaming.
Mr. Amir Bhatti, P. Eng., Star's Chief of Technology and a former Certified Aircraft Accident Investigator and Flight Safety Specialist, delivered a presentation entitled "Real Time Flight Data Monitoring, Tracking and Communication". He expanded on Star's views and the benefits of real time streaming of Flight data. The presentation was well received by the selected audience of experts, and was followed by several specific discussions with attending airlines and various representatives of attending institutions, as well as the Minister, Ahmad Shabery Cheek, who said:
"Malaysia is pleased to be able to host this meeting as the outcome may potentially bring a positive change to the aviation industry."
Mr. Viraf Kapadia, CEO of Star, said:
"We are understandably pleased with the response to the presentation made at the conference by our Chief of Technology. Our flagship product, the STAR-A.D.S. system, precisely addresses the concerns of those hosting the Conference and it addresses them today, not in 2020. Aside from the Safety and Search and Rescue ("SAR") considerations, our system offers fuel management and other operational enhancement benefits that can make the installation of the System a revenue positive one."
Star looks forward to attending the Aircraft Tracking Task Force, (planned at the Kuala Lumpur conference), which will meet in Montreal on the 11th and 12th days of this month, and trust that results will be generated in an expeditious manner.
About Star Navigation: (www.star-navigation.com)
Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. System. It is 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.
Star's MMI Division designs and manufactures high performance mission critical flight deck, flat panel displays for defence and commercial aviation industries worldwide. Some of the Star MMI Division's current customers include;
-- Lockheed Martin - USA -- Raytheon - USA -- BAE - UK -- Jepico - Japan -- IRTS - France
Certain statements contained in this News Release may 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.
Star Navigation Systems Group Ltd.
(416) 252-2889 Ext. 230
Frontier Merchant Capital Group
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