TORONTO, ONTARIO–(Marketwired – December 05, 2014) – Star Navigation Systems Group Ltd. (TSX VENTURE:Â SNA)(OTCBB:Â SNAVF) (“Star” or the “Company”), is very pleased to announce that Transport Canada has granted it a final Supplemental Type Certificate (“STC”) with respect to the installation of its STAR-A.D.S. â„¢ system on a Learjet 45 aircraft operated by Skyservice Business Aviation Inc. (Skyservice”) (see Press Releases July 7 and October 31, 2014). STC’s are required when changes (such as the installation of the STAR-A.D.S. â„¢ system) are made to an aircraft.
This full STC again results from the hard work of Star’s recently formed internal STC Group.
Viraf S. Kapadia, Chairman and CEO of Star said,
“The granting of this operational STC is further validation of our strategic operational plan. By developing our own internal resources instead of relying on external suppliers, we save time, significantly lower our costs and expand our ability to service our customers in the most efficient way possible. We look forward to serving our first North American customer, Skyservice. In the near future, we hope to be able to enhance the service currently offered by the STAR-A.D.S.â„¢ system by providing real time monitoring and reporting of critical medical information of patients in air ambulances while in flight. (see Press Release December 2, 2014). We are excited about the possibilities that we can bring to air ambulance operations, The granting of this certificate can assist us in the penetration of the General Aviation and VIP jets market.”
About Star Navigation: (www.star-navigation.com)
Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ™ System. It is 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.
Star’s MMI Division designs and manufactures high performance mission critical flight deck, flat panel displays for defence and commercial aviation industries worldwide.
Certain statements contained in this News Release may 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.
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.
Daphné Savard occupe le poste d’administratrice du site ou webmestre ainsi que celui de responsable des relations avec les annonceurs et les lecteurs.
Commentaires