Star Navigation Systems Group Ltd.
TSX VENTURE : SNA
OTCBB : SNAVF

Star Navigation Systems Group Ltd.

May 04, 2016 07:11 ET

KF Aerospace and Star Navigation Announce Distribution Agreement

TORONTO, ONTARIO--(Marketwired - May 4, 2016) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA)(OTCBB:SNAVF) ("Star" or the "Company") and KF Aerospace (formerly Kelowna Flightcraft Ltd.) ("KF") are pleased to announce the appointment of KF as Canadian distributor of Star's STAR-A.D.S. ® In-Flight Safety Monitoring System.

KF will be promoting the STAR-A.D.S. ® System and after-sales services to their customers and prospect base, while Star will provide value-added services.

Mr. Viraf S. Kapadia, Star's CEO said:

"We are very pleased to expand our long-standing relationship with one of the top aviation service providers in Canada. Together with KF, this agreement will allow us to bring our newest technologies and services to a large base of customers and operators."

The STAR-A.D.S. ® System provides solutions to the needs of all operators, whether they are passenger airlines, business aircraft, commercial or cargo transporters. Ideally suited for the retrofit market, STAR-A.D.S. ® brings direct access to analyzed flight information, in real-time, for use by all departments, from Operations and Maintenance to Finance, and provides tangible and measurable direct Return on Investment.

The STAR-A.D.S. ® System already complies with all current relevant air transport regulations and with the expected worldwide tracking recommendations from NTSB, FAA, and ICAO. These new recommendations are the result of extensive industry consultations following the losses of AF-447 and MH-370. Star contributed its expertise to this consultation process.

About KF Aerospace:

Founded by Barry Lapointe and Jim Rogers since 1970, KF began providing maintenance services to Canadian Operators and now provides a wide range of aviation services to corporate, commercial and military customers worldwide from operations in Kelowna, BC and Hamilton, ON. KF Aerospace is extremely proud to have been a strong contributor to the Canadian Aviation community for 45 years.

Headquartered in British Columbia's Okanagan Valley, KF is privately owned and one of the most comprehensive aviation service providers in Canada, with expertise in engineering, avionics and structures modifications. With 750 highly skilled employees across Canada, the Company provides air cargo operations, aircraft leasing services, heavy maintenance and modifications, and pilot training. KFL Defense Programs trains 80% of Canada's Royal Canadian Air Force pilot's in Multi-Engine and Rotary Wing, and oversees all aspects of training and facilities management at a location in Portage La Prairie, MB.

Visit KFAero.ca for more details.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. It is 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.

Star's MMI Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide.

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, except as required by law.

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.

Contact Information