TORONTO, May 27 /CNW/ - Star Navigation Systems Group Ltd. (TSX-V: SNA)
("Star" or the "Company"), a leading edge technology company focused on
providing Aerospace Solutions to assist aviation operators worldwide, is
pleased to announce a further sale of 2 of its TERRASTAR: RTM(TM) Lite Flight
Tracking and Communication technology units to SkyLink Aviation Inc.
(www.skylinkaviation.com). When added to a previously unannounced activation,
this brings the total SkyLink order to 31.
Based on Star's patented ISMS(TM) system, TERRASTAR: RTM(TM) Lite
provides Flight Tracking, Asset Management, Two-way Data/Voice Communications,
and Backup Emergency SOS/Distress Capabilities.
Revenue generated is as set forth in our press release of August 29,
2008, on a pro-rata basis.
Dale F. Sparks, Star's Chief Technology Officer said, "SkyLink Aviation
Inc. operates in Afghanistan, an extremely challenging environment. Our
relationship with SkyLink started in late 2007, and the continuing addition of
TERRASTAR: RTM(TM) Lite units to their fleet is most gratifying. To me, it
speaks to both the quality of the units themselves, and to the dedication of
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.
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
For further information:
For further information: Please visit www.star-navigation.com or Viraf
Kapadia, CEO, (416) 252-2889, email@example.com; AGORACOM
Investor Relations, IR HUB http://www.agoracom.com/ir/StarNavigation, E-mail
all questions and correspondence SNA@agoracom.com,