STAR NAVIGATION - Placement Update and Appointment of Secretary



    TSX Venture Exchange Symbol: SNA

    TORONTO, July 9 /CNW/ - Star Navigation Systems Group Ltd. (TSX-V: SNA)
("Star" or the "Company") wishes to correct its announcement dated May 16,
2008. The gross proceeds of the placement were in fact $1,222,485.76. Total
units issued were 7,640,536 at $0.16 per unit. Each unit consists of one
Common Share of the Corporation and one-half of one common share purchase
warrant. One full warrant entitles the holder to purchase one additional
common share of the Corporation at $0.50 per share during the one year period
from the date of issue. In addition, 279,375 common shares were issued by way
of finder's fees. Securities issued are subject to four month hold expiring
September 28, 2008.
    The Company is also pleased to announce that Adam Szweras has been
appointed Secretary of the Company, effective May 15, 2008. Mr. Szweras is a
partner at Fogler, Rubinoff LLP, Toronto, Ontario, legal counsel to the
Company. Mr. Szweras joined Fogler, Rubinoff LLP in 2006, and prior thereto
practiced securities and corporate law with another major Canadian firm. Prior
to that he was the managing partner of a prominent Bay Street securities law
boutique where he represented public issuers and investment dealers. His legal
practice and investment bank activities have been focused on corporate finance
and going public transactions. In connection with his appointment as
Secretary, the Company has granted to Mr. Szweras incentive stock options for
the purchase of a total of 200,000 common shares of the Company at a price of
$0.13 each until June 30, 2012. The options are being granted pursuant to the
terms of the Company's stock option plan.

    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.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news
    release.

    %SEDAR: 00009078E




For further information:

For further information: Corporate Inquiries: www.star-navigation.com,
Viraf Kapadia, CEO, e-mail: viraf.kapadia@star-navigation.com; Investor
Relations: AGORACOM Investor Relations, SNA@agoracom.com,
http://www.agoracom.com/IR/StarNavigation

Organization Profile

STAR NAVIGATION SYSTEMS GROUP LTD.

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