TORONTO, Oct. 17 /CNW/ - Star Navigation Systems Group Ltd. (TSX.V: SNA and OTC: SNAVF) is pleased to announce it has signed a memorandum of understanding "M.O.U." with Northern Airborne Technology Ltd 'NAT Seattle Inc' based in Seattle, Washington. This agreement promises to expand Star Navigation's business and increase sales through a definitive co-operative marketing agreement that focuses on leveraging each Company's regional advantages throughout the world. The agreement includes the NAT-S JetLAN line of on board servers and computing systems, and the CMS/ACARS product line. Additionally, Star Navigation's flagship product - the ISMS (In-flight Safety Monitoring Systems) is featured in the agreement. NAT provides the potential for Star Navigation to significantly expand its global reach to include North America, South America, Japan, Egypt and Europe. Currently, Star Navigation is involved in marketing its own product in China, India, Australia, Russia, C.I.S, Africa and the Middle East. NAT www.northernairborne.com, has a strong presence in commercial avionics, that include data interfaces, data communication, on-board computing and data acquisitions systems. The M.O.U. provides Star Navigation the opportunity for further global penetration by expanding its product offering through closer integration with NAT's on-board computers. "This partnership is a great win-win. It immediately creates the potential for North American, South American, and European penetration of Star Navigation's In-flight Safety Monitoring System. The global reach for Star Navigation has now been expanded to include almost all of the world's major airlines. We look forward to a mutually beneficial and profitable relationship with NAT," reports Viraf Kapadia, Chairman and CEO. Star Navigation is in discussions with airline operators worldwide for the sale and installation of it flagship product, the ISMS (TM) - In Flight Safety Monitoring System. About NAT - Company Profile Northern Airborne Technology Ltd. (NAT) is a leading manufacturer of specialized aircraft communication equipment for Air Ambulance, Law Enforcement, SAR, EMS, Electronic News Gathering, Military and Marine applications. OEMs such as Bell, Eurocopter, MD Helicopters, Raytheon and Cessna have Northern Airborne Technology products installed as standard equipment on numerous production aircraft. NAT's products include Audio Management Systems, Tactical FM Communication Systems, Intercom Systems, PA & Loudhailer Systems, Data Interface Accessories and Satellite Communication Systems. NAT Audio Management Systems are widely recognized for their superior performance and reliability in high noise, heavy workload cockpits, with the flexibility to be customized to suit individual requirements. Tac/Com(TM) FM Radio Systems offer a flexible and versatile series of control heads and transceivers. A Tac/Com II(TM) control head can simultaneously support up to four NAT transceivers and/or a selection of other FM radios with features such as high speed scanning, encryption, guard channels and CTCSS/DPL operation. About Star Navigation... Star Navigation Systems Group Ltd. (www.star-navigation.com) owns the worldwide license to a product without peer, its proprietary, patented In-flight Safety Monitoring System - ISMS(TM), 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. 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. Star does not assume any obligation to update these forward-looking statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release. 50,570,284 shares outstanding %SEDAR: 00009078E
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