SOURCE: Northstar Electronics

January 23, 2008 11:57 ET

Media Reports Expect Northstar Network to Win Future Military Contracts

VANCOUVER, BC--(Marketwire - January 23, 2008) - Northstar Electronics, Inc. (OTCBB: NEIK) announces that its wholly owned subsidiary, Northstar Network Ltd., has been mentioned in media reports as a company expected to be awarded contracts on the Canadian military's recent purchases of military transport planes from two aerospace giants. To view story:

Lockheed Martin and Boeing announced on January 22, 2008 that they are committing to provide more than Cdn$290 million in contracts to Atlantic Canadian firms on Lockheed Martin's C130J Super Hercules contract and on Boeing's C-17 transport plane contract, both recently awarded by the Canadian Department of Defense.

Northstar Network was specifically identified in media reports as a company expected to win contracts.

Dr. Wilson Russell, CEO of Northstar Electronics, Inc., said, "This is excellent news for Northstar Network Ltd. and our Canadian affiliates. We have expanded our talents and abilities and are now part of global supply chains. These two major aeronautics projects present great opportunities for our growth in this field."

For further information contact Rich Kaiser Investor Relations, YES INTERNATIONAL,, #800-631-8127 and/or Ms. Beverly Jedynak, Media Relations, Martin Janis & Co, Inc.,, (312) 943-1000 Ext. 12.

About Northstar Network Ltd.

Northstar Network Ltd. is a system integrator and supply chain manager that, together with its Canadian affiliated companies and educational institutions, offers industry leading capabilities in systems integration, design engineering, precision machining, electronic contract manufacturing, e-learning and information technology.

About Northstar Electronics, Inc.

Northstar Electronics, through its subsidiaries, Northstar Technical Inc. and Northstar Network Ltd., provides electronics products to the marine industry and provides engineering, prototyping and production services to the defense and Homeland Security industries.

Safe Harbor: Included in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor created by those sections. Although the Company believes such expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove correct. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain internal and external factors.

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