TSX Venture Exchange Symbol: SNA
TORONTO, Sept. 25 /CNW/ - Star Navigation Systems Group Ltd. ('Star"), a
developer of In-Flight Safety and Fleet Monitoring Systems, announced today
that it has received a positive report from its recent technology audit,
conducted by Cionex, a Mississauga-based technology consulting company.
"As part of Star's ongoing effort to provide the aviation industry with a
leading safety and monitoring technology, we offered to provide a
pre-installation proof statement for an upcoming customer trial. The report
confirms the excellent capabilities of the ISMS(TM) technology and helps
solidify its standing as a world leader in commercially available aircraft to
ground situation monitoring and reporting", reports Viraf Kapadia, Chairman
and CEO. "This report is part of our continued sales and customer service
initiatives and further demonstrates our level of preparedness for the
installations that are online for the 4th quarter of 2006."
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.
About Cionex
Cionex, a technology consulting development company, has access to
extensive expertise in software development, engineering and the aviation
industry (on an international level). Cionex consultants have also conducted
strategic consulting for major manufacturing and distribution companies, have
performed methodology and process audits and have conducted numerous systems
and integration audits.
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.
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