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

Star Navigation Systems Group Ltd.

April 04, 2016 08:03 ET

Star Navigation Updates ICAO Response to Global Climate Agreement

TORONTO, ONTARIO--(Marketwired - April 4, 2016) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) (OTCBB:SNAVF) ("Star" or the "Company") announces that last month, the International Civil Aviation Organization (ICAO) launched a series of regional outreach and education sessions as negotiations continue towards the adoption of a global climate agreement for air transport. In the wake of the recent Paris Agreement on climate change, ICAO is deploying its already well-established program for addressing aviation and climate change and promoting carbon reduction programs for its member states.

Star Navigation is supporting these efforts to set goals for the industry and for airlines, and to reduce aviation's carbon dioxide emissions.

The Company's STAR-A.D.S. ® system for in-service fleets of aircraft, continuously monitors all phases of flight and provides immediate monitoring of data on fuel burn. The system automatically builds, on the ground, a data base of key parameters and indicators for an easy-to-use fuel monitoring and savings program. STAR-A.D.S. ® can assist in carbon tax calculations and at the same time, spread awareness and encourage airlines to introduce initiatives aimed at the reduction of fuel use and thereby, the reduction of carbon tax charges.

Utilizing the STAR-A.D.S. ® system as designed, operators can significantly save on their fuel budget, and meet the new challenges of greenhouse gas emission reduction.

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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