TSX Venture Exchange Symbol: SNA
TORONTO, Jan. 25 /CNW/ - Star Navigation Systems Group Ltd. (TSX: SNA-V) ("Star" or the "Company"), learned today that the U.S. Patent Office has granted Star's request to reconsider the patentability of AeroMechanical Services Ltd.'s (TSX: AMA-V) ("AMA") U.S. patent, U.S. 7,203,630. (See Star Press Release dated September 6, 2007).
The reexamination of AMA's patent was requested and granted by the USPTO based on Star's exclusively licensed U.S. Patent No. 7,113,852 (the "Kapadia Patent"), issued in the name of the inventors, including Viraf Kapadia, Star's Chairman and Co-CEO. Star has also sued AMA for patent infringement related to that patent in a recently filed lawsuit in the Northern District of California.
In ordering the reexamination of AMA's patent, the U.S. Patent Office recognized that the relevant merits and teachings of the Kapadia patent were not considered when the U.S. Patent Office issued AMA's patent. Thus, in ordering a reexamination of AMA's U.S. patent, the U.S. Patent Office confirmed that the Kapadia patent raised a substantial new question of patentability with respect to AMA's patent.
Star will continue to protect its intellectual property rights and is gratified that the U.S Patent Office has taken this position.
About Star Navigation: Star Navigation Systems Group Ltd. (www.star-navigation.com) owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, 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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