Business
Star Navigation Announces Additional Sale of its TERRASTAR Lite(TM) to SkyLink Aviation and wishes all its shareholders and supporters a very Happy and successful New Year 2009
TORONTO, Dec. 31 /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, Dec. 31 /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 4 units\nsale of its TERRASTAR Lite(TM) system to SkyLink Aviation. (See press releases\nJune 6, August 29).\n\n\nThis brings the total number of units sold to twenty for SkyLink. Revenue\nto be generated by this additional sale is, on a pro-rata basis, as set forth\nin our release of August 29th, 2008.\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. Dale F. Sparks, Chief Technology Officer of Star Navigation Systems\nstated: "We continue to work with SkyLink Aviation in support of their\nhumanitarian efforts and related programs. Operating in Afghanistan, one of\nthe toughest environments in the world, is a challenge for all concerned.\n\n\nSkyLink Aviation Inc. is an international aviation group that specializes\nin Project Management, Air Charters, Aviation Support, Aircraft Maintenance,\nAir Courier, Executive Air Charters as well as Flight Planning and Clearance\nServices. SkyLink Aviation has become a global leader in rapid deployment of\npeacekeepers and international humanitarian aid, including food and equipment,\nduring war, major disasters and pandemics for clients such as the United\nNations, World Food Programme, USAID, INS (Homeland Security), IOM, the\nCanadian Government, the Red Cross, the Italian Interior Ministry and other\nnational governments and NGOs.\n\n\nThis press release is available on the company's official on-line\ninvestor relations site for investor commentary, feedback and questions.\nInvestors are asked to visit http://www.agoracom.com/ir/StarNavigation and\nview the Star Navigation IR HUB. Alternatively, investors are asked to e-mail\nall questions and correspondence to [email protected]\n\n\nAbout Star Navigation:\n\n\nStar Navigation Systems Group Ltd.(www.star-navigation.com) owns the\nexclusive worldwide license to its proprietary, patented In-flight Safety\nMonitoring System, the first system in the world to feature in-flight\ndata-analysis, monitoring and...