TSX Venture Exchange Symbol: SNA
TORONTO, Dec. 20 /CNW/ - Star Navigation Systems Group Ltd. (TSX: SNA-V)
("Star" or the "Company") is pleased to announce that it has entered into a
strategic partnership with Kestral Holdings Private Limited, a world leader in
aviation and defense consulting. Kestral provides in-country consultancy
services to a number of multinational corporations based in the USA, Canada,
Europe and China.
With offices located in Canada, the U.K, Dubai, Pakistan, Malaysia,
Sri-Lanka and China, Kestral also provides, through its partners, services to
both State agencies and the private sector in Bangladesh, Sri Lanka, Malaysia,
Brunei and Afghanistan. Its client list includes Pratt & Whitney Canada, Pratt
& Whitney LCE USA, Lockheed Martin Missile and Fire Control, Lockheed Martin-
Aeronautics Company, Maritime Systems and Centers, Raytheon Space & Aerospace
Systems (SAS), Sikorsky Helicopters, L-3 Communications, Aero Precision
Industries, IAE (International Aero Engines) and Gulf Stream Aerospace
Star is currently in discussions with the defense establishments of
several countries that have shown a keen interest in Star Navigation's
diversified line of products including the In-Flight Safety Monitoring System
("ISMS(TM)"), ISMS LITE(TM), and the new security features added to its
tracking solutions for Real-Time monitoring.
"We expect positive developments in the military and defense sectors, and
look forward to a long and mutually beneficial relationship with Kestral."
said Amir Bhatti, VP Sales and Marketing at Star.
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
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
For further information:
For further information: please visit www.star-navigation.com or Viraf
Kapadia, CEO, email@example.com