TORONTO, April 7 /CNW/ - Star Navigation Systems Group Ltd. (TSX-V: SNA) ("Star" or the "Company"), a leading edge technology company focused on providing Aerospace Solutions, both hardware and software platforms to assist aviation operators worldwide, announces that Aeromechanical Services Ltd. (TSX-V: AMS) has filed a Motion for Sanctions (the "Motion") against Star in the U.S. District Court for the Northern District of California, claiming $750,000 USD. Star had previously dismissed a complaint against AMS for infringement of Star's U.S. Pat. No. 7,113,852. (See Press Release March 17, 2009). In the Motion, AMS claims that Star's actions in prosecuting its claim were unreasonable.
Star believes the AMS Motion to be without merit and will vigorously defend the action. As well, Star continues to assert its right to refile the patent infringement complaint at such time as AMS's sales improve, and AMS is on notice of Star's continued allegation of AMS's continued infringement of its patent.
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.
This press release is available on the company's official on-line investor relations site for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com/ir/StarNavigation and view the Star Navigation IR HUB. Alternatively, investors are asked to e-mail all questions and correspondence to SNA@Agoracom.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.
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