Star Navigation Systems Group Ltd.
TSX VENTURE : SNA

Star Navigation Systems Group Ltd.

December 10, 2014 07:11 ET

Star Navigation Attends Aeromart 2014

TORONTO, ONTARIO--(Marketwired - Dec. 10, 2014) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) ("Star" or the "Company") is pleased to confirm its attendance at the latest Aeromart forum, held in Toulouse last week.

Aeromart is an annual International Convention for the Aerospace Industry, this year attracting over 2,300 participants from 45 countries. Over the past 20 years, AEROMART has grown into a major aerospace event, offering outstanding networking opportunities to manufacturers, tier 1 suppliers, subcontractors, service providers and clusters from around the globe.

Star, together with its French partner, IRTS, exhibited its flagship STAR-A.D.S. ™ System, together with a selection of on-board flat panel displays produced by its STAR-M.M.I. Division. These displays, designed to meet the needs of both commercial and defense airborne applications, are becoming an important part of the Star product lineup.

The STAR-A.D.S. ™ System was demonstrated to several international OEMs visiting the joint IRTS -STAR booth. Several follow up meetings have been arranged and will be pursued jointly to ensure increased penetration of the market place worldwide. It was particularly gratifying to see the level of interest generated by our STAR-A.D.S. ™ solution, as well as in the development of its Medevac variant (see Press Release December 2, 2014). Star's solid capabilities in aerospace, augmented by the STAR- MMI LCD displays exhibited, are resulting in a complete family of systems, products and services that for the aerospace community.

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.

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