TSX Venture Exchange Symbol: SNA
TORONTO, Dec. 12 /CNW/ - Mr. Viraf Kapadia, C.E.O. of Star Navigation Systems Group Ltd. ("Star"), developer of Flight Safety and Fleet Monitoring Systems, announces that Star has been advised by PIA of the rescheduling of downtime in respect of the Five Year maintenance check for its designated Airbus A-310 aircraft, tail number "AP-BEG". Therefore, the previously announced installation of Star's In-Flight Safety Monitoring System ("ISMS (TM)") is now expected to take place in late February.
As previously noted, installation of the ISMS(TM) takes a number of days to complete and is wholly dependent upon aircraft maintenance scheduling.
About Star Navigation.
Star Navigation Systems Group Ltd. (www.star-navigation.com) owns the worldwide license to 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.
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responsibility for the adequacy or accuracy of this press release.
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