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Star Navigation Systems Group Ltd.
Star Navigation Files Re-stated Management Discussion & Analysis
Published Sep 16 2005
4 min read

Star Navigation Files Re-stated Management Discussion & Analysis

TORONTO, Sept. 16 /CNW/ - Star Navigation Systems Group Ltd. ("Star
Navigation") (TSX Venture: SNA) announces that it has filed restated
Management Discussion and Analysis's for the periods ending September 30,
2004, December 31, 2004 and March 31, 2005.
The re-filing of the MD&A's for the periods does not change the financial
statements filed by the Company.
The re-filing of the MD&A's was undertaken at the request of the Ontario
Securities Commission (the "OSC") after completion by the OSC of a continuous
disclosure review of the Company's filings. The restated MD&A's more fully
comply with disclosure requirements including increased discussion and
clarification regarding the development of Star Navigation's flagship product
the ISMS (TM) (the In flight Safety Monitoring System), along with the
Company's operations and the Company's liquidity and capital resources.
Related party transactions and changes in accounting policies are also
discussed.
Interested parties can view the expanded reports by visiting the Star
Navigation Company profile at www.sedar.com.

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.

47,136,951 shares outstanding.
%SEDAR: 00009078E