Signs Memorandum of Understanding with TAP Maintenance and Engineering
SINGAPORE, Feb. 27 /CNW/ - Singapore Air Show - Star Navigation Systems
Group Ltd. ("Star Navigation") (TSX.V - SNA) is pleased to announce it has
entered into a Memorandum of Understanding (M.O.U) with TAP Maintenance and
Engineering, a wholly owned subsidiary of TAP Grupo of Lisbon Portugal.
TAP Maintenance and Engineering, from its facilities at the Lisbon
Airport, employs about 1,900 professionals, trained and qualified to provide
maintenance and engineering services for aircraft, engines and components,
with a quality that is internationally recognized, in a very demanding market
where safety is the prime value. Upon execution of a definitive agreement with
Star, TAP will market Star's flagship patented product the ISMS(TM) - the
In-Flight Safety Monitoring System to TAP's existing client base, and install
the ISMS(TM) on all aircraft from its base in Lisbon, Portugal. It is
anticipated that the definitive agreement will be signed within 90 days.
TAP Maintenance and Engineering is a subsidiary of TAP Grupo, and is the
MRO of TAP Portugal, the Lisbon based Portuguese airline market leader, which
recently celebrated its 60th anniversary on March 14th; the date on which it
also became part of the Star Alliance, the largest global alliance of airlines
in the world.
With its Hub in Lisbon, Portugal TAP Portugal currently flies to 43
destinations, throughout 25 countries in Africa and North and South America; a
region in which TAP stands out as being the leading operational European
transportation company to Brazil.
Continuing a strategic direction whose priority is Client expectation
satisfaction, TAP continuously seeks to provide its clients with the best and
easiest solutions for their trips, continuously adding additional value to the
product they offer.
For more information about TAP Portugal visit www.flytap.com
"We are delighted to have established this strong strategic relationship
with TAP Maintenance and Engineering. Not only does it represent tremendous
opportunity for Star to capture significant European sales, but also provides
our airline customers an end-to-end solution offering direct installation of
the system on-board from the Lisbon based maintenance facilities. This truly
enhances both the speed and ease of the sales delivery cycle of our
revolutionary patented product", reports Viraf Kapadia, Chairman and CEO.
More about the ISMS(TM) patented technology...
The ISMS(TM) product features in-flight data-analysis, and monitoring
with a real-time connection between aircraft and ground. Unlike a Black Box,
this technology is proactive and monitors an aircraft's systems as the
aircraft flies.
The ISMS(TM) picks up data from various data-buses (data points within
the aircraft) analyzes the data, checks for exceedences from the manufacturer
preset norms (and when required the Aircraft operators preset norms) and
constantly trend monitors the information comparing it against the norm or
laid levels.
All the data is processed into English readable information, transmitted
via Satcom and Data Radio to Star's ground station and sends an alert if a
problem is anticipated or an incident has occurred. This enables the airlines
personnel to monitor the aircraft via the Internet and to suggest a course of
action to be taken. If there are no alerts or no abnormalities, then no one
needs to be informed. However, an end of flight report along with other
pertinent reports are automatically generated and sent to predetermined
departments and/or individuals for their review.
In case of an emergency or when there is an alert, the ground station
will notify the pre-designated individuals or departments of that airline via
a pager, SMS-text message, and email or by phone of the situation. From
anywhere in the world, via Internet, that person's input can be put to good
use in avoiding a possible crises situation.
Current legacy systems inform pilots of an incident after it happens
which is "reactive" but the Star system is constantly hunting for differences,
sudden changes from the norm in the form of spikes or alerts as a proactive
tool, not reactive.
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.
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