Star Navigation Systems Group Ltd.

Star Navigation Systems Group Ltd.

June 01, 2005 15:39 ET

Star Navigation Debuts First Instalation of in Flight Safety Monitoring System

TORONTO, ONTARIO--(CCNMatthews - June 1, 2005) - Star Navigation Systems Group Ltd. ("Star Navigation") (TSX VENTURE:SNA), is pleased to announce the debut of the world's first In Flight Safety Monitoring System - the ISMS™ now installed on two SpiceJet aircraft used for commercial passenger operation.

Previously announced, Star Navigation has signed a $9.0M contract with SpiceJet of India.

"This is a true milestone for our company, our employees and shareholders alike. We have successfully migrated Star's ISMS™ product from conception to development and now, after millions of dollars in research and years of hard work, to commercial sales. We believe our product is without peer and feel Star's shareholders are very well positioned as the In Flight Safety Monitoring Systems has the potential to be adopted world-wide as the new industry standard for all commercial and private aviation operators." Reports Viraf Kapadia, Chairman and CEO.

Currently, Star is in discussions with several airlines worldwide for the sale and installation of its ISMS™ product.

About Star Navigation...

Star Navigation Systems Group Ltd. ( owns the worldwide license to a product without peer, its proprietary, patented In-flight Safety Monitoring System - ISMS™, 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.

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.

46,694,451 shares outstanding.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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