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

Star Navigation Systems Group Ltd.

February 25, 2016 13:04 ET

Star Navigation Announces Launch of New Products for 2016

TORONTO, ONTARIO--(Marketwired - Feb. 25, 2016) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA)(OTCBB:SNAVF) ("Star" or the "Company") is pleased to announce that it has commenced the final certification process for its new STAR-T.T.T.™ and STAR V-trk™ products. Transport Canada has approved Star's STAR-T.T.T.™ certification plan, which is being implemented by Star's Engineering Department in Canada and by Star's Chinese partners for approval by the Chinese regulatory authorities. The STAR V-trk™ certification process is also underway.

STAR-T.T.T.™ (Talk, Text and Track), is a simple, cost effective, easy to install tracking and two way communications system, offering worldwide, satellite based coverage. Designed by Star in cooperation with Chengdu Spaceon Technology Co. Ltd. of China, STAR-T.T.T.™ is expected to be fully certified in both Canada and China in the second quarter of 2016.

Star also plans to shortly roll out its STAR V-trk™ product to the market. This product is even smaller in size, and is ideal for quick installation across a wide range of platforms. It provides automatic, real-time, worldwide tracking and flight data analysis, with sat-com transmission capability. Full certification is also expected in Q2, 2016.

Star is now accepting pre-booking orders for these products, which will address both the fixed wing and rotary wing aircraft market segments.

Both these products will provide web based, customized, value added services in addition to improved situational awareness.

Viraf S. Kapadia, Star's CEO mentioned:

"With the launch of these new products, Star's patented technology is continuing to offer customers technologically advanced and effective solutions, not only for commercial aerospace but for air, sea, and land transportation as well as for defense requirements."

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 facilitating incident-occurrence prevention 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.

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