Business
Star Navigation Announces Additional Sale of its TERRASTAR Lite(TM) to SkyLink Aviation
TORONTO, Aug. 29 /CNW/ - Star Navigation Systems Group Ltd. (TSX-V: SNA) ("Star" or the "Company"...
About this update from Star Navigation Systems Group Ltd.
[{"type":"text","content":"\n\n\n\nTORONTO, Aug. 29 /CNW/ - Star Navigation Systems Group Ltd. (TSX-V: SNA)\n("Star" or the "Company"), a leading edge technology company focused on\nproviding Aerospace Solutions, both hardware and software platforms to assist\naviation operators worldwide, is pleased to announce an additional sale of its\nTERRASTAR Lite(TM) system to SkyLink Aviation.\n\n\nThe sale includes six units for SkyLink Aviation, and because of the\nsuccess of the TERRASTAR Lite(TM) units in international operations, SkyLink\nUSA has also ordered two units. This brings the total number of units sold to\nsixteen for SkyLink (see Press Release June 6, 2008). Gross hardware and\nairtime revenue over a five year period for all sixteen units, in normal use,\nis in a range of approximately a minimum of $322,000 to a maximum of $430,000.\n\n\nThe TERRASTAR Lite(TM) provides Flight Tracking, Asset Management,\nTwo-way Data/Voice Communications, and Backup Emergency SOS/Distress\nCapabilities.\n\n\nMr. Dusko Lekic, Country Manager, SkyLink Afghanistan said:\n\n\n"I would like to take this opportunity and thank you and all your team\nfrom Star Navigation for your support.\n\n\nHaving in mind all difficulties, different time zones and your readiness\nto listen and dedication to solve the problem I think we accomplish a huge\nsuccess and improve our Flight Operations and Security in volatile environment\nsuch as Afghanistan. Also, I would like to emphasize the relationship which we\nbuilt up in last couple of months...it passed the classical Customer-Client\nrelations far beyond and I'm really happy about that.\n\n\nOnce again, on behalf of all our Crews who are using your system on our\naircraft, we want to thank you for such a "communication" improvement, which\nis vital in this environment and looking forward to continue our mutual\ncooperation."\n\n\nMr. Dale F. Sparks, Chief Technology Officer of Star Navigation Systems\nstated: "We are very proud to be working with SkyLink Aviation and to\nsupporting their humanitarian efforts and related programs. We were intrigued\nby the challenges of having our technology operating in Afghanistan, one of\nthe toughest environments in the world, and the statement by Mr. Lekic is a\ntestament to the significance and the capabilities of Star's aviation\ntechnologies."\...