Star Navigation Systems Group Ltd.

Star Navigation Systems Group Ltd.

August 23, 2010 13:00 ET

Star Navigation Reports Progress at Farnborough International Air Show

TORONTO, ONTARIO--(Marketwire - Aug. 23, 2010) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) ("Star" or the" Company"), is pleased to report on its successful exhibition at the Farnborough International Air Show. Overall attendance was similar to the Berlin ILA, but the volume of business transacted was almost 3 times that of Berlin, which suggests the importance of the Farnborough Show to the aviation industry.

Displaying a prototype unit of its next generation STAR-ISMS™, and again located in the EADS exhibit booth, Star had the opportunity to meet with a significant cross section of the aviation industry, including senior executives from several airlines and manufacturers. Star management also met with system integrators who expressed their own interest in evaluating the STAR-ISMS™ system as a potential component of their aircraft system offerings.

According to Star's Vice President Marketing and Sales, Joel Chotte, "with the Company's technology patents in place, we have spent the past year advancing the hardware and software systems, and in developing the Next Generation (G 2) system. We are now moving forward on several fronts to have the STAR-ISMS™ In-flight Safety Monitoring System adopted by the aviation industry."

Participation at the Farnborough show also allowed Star to position its System as a part of the international trend to develop greener aircraft. Features of the STAR-ISMS™ system include potential reductions in fuel consumption and, consequently, emissions.

Mr. Chotte also said that "another advantage of the STAR-ISMS™ is that it is modular, and not limited to large commercial aircraft. We saw a great deal of interest from operators and manufacturers with respect to very different applications in civilian and military sectors, and to different modes of transportation vehicles. Our Farnborough presence with Astrium clearly illustrated the synergies between Star Navigation and Astrium Services' (See previous release April 6, 2010.)

Viraf S. Kapadia, Star's CEO, reflected that "the development of STAR-ISMS™ has followed a very rigorous path. Significant resources have been allocated in order to ensure that STAR-ISMS™ fully meets or exceeds industry expectations. The response that we had at Farnborough has confirmed that we have taken the right path and we are fully confident that our patented STAR-ISMS™ technology is the right foundation technology in this field. We have been extremely diligent in making sure that it is the best in-flight monitoring and analysis solution available.

About Star Navigation:

Star Navigation Systems Group Ltd. ( 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.

About Astrium

Astrium, a wholly owned subsidiary of EADS, is dedicated to providing civil and defence space systems and services. In 2009, Astrium had a turnover of EUR4.8 billion and more than 15,000 employees in France, Germany, the United Kingdom, Spain and the Netherlands. Its three main areas of activity are Astrium Space Transportation for launchers and orbital infrastructure, Astrium Satellites for spacecraft and ground segment and Astrium Services for the development and provision of secure and commercial satcoms and networks, high security satellite communications equipment, geo-information products and services, and navigation services. EADS is a global leader in aerospace, defence and related services. In 2009, EADS generated revenues of EUR42.8 billion.

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 this release.

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