Star Navigation Systems Group Ltd.

Star Navigation Systems Group Ltd.

April 06, 2010 14:56 ET

Star Navigation and Astrium Announce Technical Partnership Agreement

TORONTO, ONTARIO--(Marketwire - April 6, 2010) - Star Navigation ("Star" or the "Company") (TSX VENTURE:SNA), is pleased to announce the signing of a Technical Partnership Agreement (TPA) with Astrium, a wholly owned subsidiary of EADS, to enhance and implement the patented In-flight Safety Monitoring System (ISMS™) – the next generation of aircraft data transmission systems that provides commercial aircraft operators with a capable, reliable, cost-effective solution to greatly enhance awareness of aircraft performance, status and location.

The Agreement has been forged to maximise the excellent and complementary capabilities that both teams provide, building a stronger product and infrastructure, to increase value to the operator and other industry stakeholders.

Star Navigation will supply airborne systems and installations, developed over ten years, which will provide customized and comprehensive independent data processing and intelligent monitoring facilities of the aircraft systems.

Astrium will supply satellite communication systems expertise, networking facilities, and will lead marketing and sales activities. Further enhancements will involve Astrium's data tracking research and development activities.

Viraf S. Kapadia, Star CEO stated: "We are very pleased with this technical partnership, as it provides an excellent path for Star and Astrium to enhance the overall ISMS™ system and implement a leading edge, global satellite and ground station infrastructure and supporting services."

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 €4.8 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 €42.8 billion and employed a workforce of more than 119,000.

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.

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