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SNAVF Star Navigation Systems Group Ltd (PK)

0.0033
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Star Navigation Systems Group Ltd (PK) USOTC:SNAVF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0033 0.0001 0.0126 0.00 22:00:00

Star Navigation Announces Progress with ICG Interface Testing

16/04/2014 11:30am

Marketwired


Star Navigation Systems (PK) (USOTC:SNAVF)
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Star Navigation Announces Progress with ICG Interface Testing

TORONTO, ONTARIO--(Marketwired - Apr 16, 2014) - Star Navigation Systems Group Ltd. (TSX-VENTURE:SNA)(OTCBB:SNAVF) ("Star" or the "Company") and International Communications Group, Inc., ("ICG") of Newport News, Virginia are pleased to announce that they have concluded successful interfacing tests between their main lines of products, namely the ICG DataLink and the STAR-ISMS®.

This important validation step now allows the two companies to offer to the market, and to their customers, a combined solution with both DataLink and Real-time flight and maintenance data processing capabilities.

The combined solution brings to the operators a complete, end-to-end, real time stream of information that is transformed into added-value data, for improved fleet and operations management.

The two companies are pleased to build on their already existing reciprocal Dealer agreement, (See Press Release Oct. 21/13) which entitles each party to market and sell the products of the other.

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.

About ICG: (www.icg.aero)

International Communications Group, Inc. (ICG) of Newport News, Virginia is a recognized leader in the development of aerospace communications integration, automation and data management systems. Since 1994, ICG has built a very successful business by providing corporations, governments and individuals with an array of efficient and cost-effective solutions to meet their growing airborne global communications needs. ICG provides next generation communications systems for a range of Business, Military, Air Transport and Aftermarket aircraft.

ICG's products provide seamless satellite-based global voice and data telecommunications services for both flight deck and cabin. From CTU systems to multi-channel Iridium systems to data management devices, ICG continuously delivers innovative products and superior technologies to the aerospace industries.

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.

Star Navigation Systems Group Ltd.Viraf KapadiaCEO(416) 252-2889 Ext. 230viraf.kapadia@star-navigation.comwww.star-navigation.comInvestor Relations:Frontier Merchant Capital Groupinfo@frontiermcg.comPublic Relations & Media interviews:Hudes Communications InternationalNelson Hudes(905) 660-9155nelson@hudescommunications.com

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