Business
Star Navigation cross lists on Frankfurt Stock Exchange
Star Navigation cross lists on Frankfurt Stock Exchange.
About this update from Star Navigation Systems Group Ltd.
[{"type":"text","content":"\n\n\n\n\nTORONTO, March 14 /CNW/ - Star Navigation Systems Group Ltd.\n(\"Star Navigation\") (TSX.V - SNA), is pleased to announce that its common\nshares are now listed for trading on the Frankfurt Stock Exchange, under the\nsymbol 's3o'.\nWith its headquarters and research and development facilities in Toronto\nCanada, Star Navigation's current market focus is in Europe, the Middle East,\nIndia, Pakistan and Asia. International recognition has resulted in signed\ncontracts, marketing agreements, and multiple Memorandums of Understanding\nwith customers and strategic partners around the world.\nStar has also recognized a strong demand for it's common shares from\nretail and institutional investors in Europe and the Middle East. As a result\nStar Navigation has chosen to cross list on the Frankfurt Stock Exchange to\nfurther enhance the company's investor base and provide liquidity to an\nincreasing number of foreign investors.\n\nAbout Star Navigation...\n\nStar Navigation Systems Group Ltd. (www.star-navigation.com) owns the\nworldwide license to a product without peer, its proprietary, patented \nIn-flight Safety Monitoring System - ISMS(TM), the first system in the world\nto feature in-flight data-analysis, -monitoring and -diagnostics with a \nreal-time connection between aircraft and ground. Its real-time capability of\ntracking performance-trends and predicting incident-occurrence enhances\naviation safety and improves fleet management while reducing costs for the\noperator.\n\nMore about the ISMS(TM) patented technology...\n\nThe ISMS(TM) product features in-flight data-analysis, and monitoring\nwith a real-time connection between aircraft and ground. Unlike a Black Box,\nthis technology is proactive and monitors an aircrafts' systems as the\naircraft flies.\nThe ISMS(TM) picks up data from various data-buses (data points within\nthe aircraft) analyzes the data, checks for exceedences from the manufacturer\npreset norms (and when required the Aircraft operators preset norms) and\nconstantly trend monitors the information comparing it against the norm or\nlaid levels.\nAll the data is processed into English readable information, transmitted\nvia Satcom and Data Radio to Star's ground station and sends an alert if a\nproblem is anticipated or an incident has occurred. This enables the airlines\npersonnel to monitor the ai...