Star Navigation Update
TORONTO, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Star Navigation Systems
Group Ltd. (CSE:SNA) (CSE:SNA.CN) (OTCQB:SNAVF) ("Star” or the
“Company”) is pleased to provide shareholders with the following
comprehensive update.
BOMBARDER JOINT RESEARCH AND DEVELOPMENT PROGRAM
Star is pleased to confirm that the joint research and development program with Bombardier and other industrials and universities of Canada is progressing very positively. The STAR-A.D.S. ® system which is at the heart of the program, after having been validated and extensively used by the aircraft manufacturer, has now been transferred to another flight test vehicle to complete the flight testing and the data collection.
EMERGENCY MEDICAL SERVICES APPLICATIONS
Star’s Land System Aided Medical Monitoring system (“STAR-LSAMM™”) for ground ambulance applications has undergone a series of demonstrations by a care organization in North America. Its airborne parent system, the In-Flight System Aided Medical Monitoring system (STAR-ISAMM™”), has now been demonstrated to several stakeholders of the commercial and civil air ambulance market.
STAR-A.D.S. ® KINGDOM OF SAUDI ARABIA
The STAR-A.D.S. ® system, which recently earned its FAA certification, has been validated on an Airbus aircraft and is now expecting its General Authority of Civil Aviation of the Kingdom of Saudi Arabia. The first flying system in the Gulf becomes our local ‘showcase on real-time tracking, monitoring and GADSS compliance.
STAR M.M.I. ™ ASIA AND FURTHER QUALIFICATIONS
STAR M.M.I. ™ has successfully submitted a proposal to a new Asian customer for military displays retrofit program to start in November this year.
STAR which is already ASI9100D qualified - the latest standard for aerospace activities - and authorized to work on military programs under the Canadian Controlled goods program, is undertaking steps to have its quality management system qualified for medical equipment.
This Press Release Is Available On The Company's CEO Verified Discussion
Forum, A Moderated Social Media Platform That Enables Civilized
Discussion and Q&A Between Management and Shareholders.
https://agoracom.com/ir/StarNavigationSystems/forums/discussion
About Star Navigation:
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. 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.
Stars’ M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.
Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” 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, except as required by law.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.
Please visit www.star-navigation.com or
Jean-Louis Larmor, (416) 252-2889 Ext. 221
C.O.O.
