Business
Star Navigation Updates SkyLink Aviation Contract - 16 units now installed
TORONTO, Jan. 22 /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, Jan. 22 /CNW/ - Star Navigation Systems Group Ltd. (TSX-V: SNA)\n("Star" or the "Company"), a leading edge technology company focused on\nproviding Aerospace Solutions to assist aviation operators worldwide, is\npleased to announce a further sale of one additional ISMS Lite(TM) system to\nSkyLink Aviation Inc. (www.skylinkaviation.com)\n\n\nThe ISMS Lite(TM) provides Flight Tracking, Asset Management, Two-way\nData/Voice Communications, and Backup Emergency SOS/Distress Capabilities.\n\n\nRevenue generated is as set forth in our press release of August 29,\n2008, on a pro-rata basis.\n\n\nMr. Prakash Noronha, VP Operations & Project Support of Skylink said:\n\n\n"We would like to thank Star Navigation for the excellent support your\ncompany and staff have provided, despite all the logistic difficulties with\ndifferent time zones involved. Skylink has now purchased 23 ISMS (Terrastar)\nLite units, 21 of which have been delivered and 16 of which are installed and\noperational, some starting as early as March 2008. We believe this has been a\nfruitful association and look forward to building further upon our\nrelationship, jointly working to provide success and improve our Flight\nOperations and Security in the hostile environment in which we operate. As our\nAfghanistan Country Manager, Mr. Dusko Lekic had mentioned earlier, "the\nrelationship has far exceeded the classical Customer-Client relations test and\nwe are really happy."\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 diagnostics with a real-time connection between\naircraft and ground. Its real-time capability of tracking performance-trends\nand predicting incident-occurrence enhances aviation safety and improves fleet\nmanagement while reducing costs for the operator.\n\n\nCertain statements contained in this News Release constitute\nforward-looking statements. When used in this document, the words "may",\n"would", "could", "will" and similar expressions, as they relate to Star or\nits management are intended to identify forward-looking statements....