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SNA

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Share Name Share Symbol Market Type
TSXV:SNA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Star Navigation's MMI Division Receives Order From Major Aerospace Company

11/06/2014 12:00pm

Marketwired Canada


Star Navigation Systems Group Ltd. (TSX VENTURE:SNA)(OTCBB:SNAVF) ("Star" or the
"Company") announces that it's STAR MMI Division has received a purchase order
for upgrades of displays from a major Fortune 100 Aerospace Company. 


The order, valued at approximately CDN $ 200,000, covers repair and upgrades of
legacy displays for military transport aircraft.


The MMI Division was set up in April, 2014, following the Company's purchase of
the assets of Luxell Quebec Technologies Inc. (See press Release April 1, 2014).
Its primary role is the consolidation of the Company's supply chain through the
manufacture the STAR-A.D.S.(TM) G2 System. It serves the secondary role of
design, manufacture and repair of high performance mission critical flight deck,
flat panel displays for defence and commercial aviation industries worldwide.
Closely following the IRTS contract (see Press Release April 28, 2014), this
contract is a further validation of Star's decision to expand control of its
supply chain, its product line and revenue streams. 


Mr. Tom Dudek, Engineering Manager of Star stated: 

"This second significant contract within two months is a good indication of
industry acceptance of STAR MMI and its design and repair capabilities. We are
confident that our involvement with displays and man-machine interface will
increase for both military and commercial aerospace applications."


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(R), the
heart of the STAR-A.D.S.(TM) 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Star Navigation Systems Group Ltd.
Viraf Kapadia
CEO
(416) 252-2889 Ext. 230
viraf.kapadia@star-navigation.com


Frontier Merchant Capital Group
Investo Relations
info@frontiermcg.com


Hudes Communications International
Nelson Hudes
Public Relations & Media Interviews
(905) 660-9155
nelson@hudescommunications.com

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