TORONTO, ONTARIO--(April 14, 2015) - Star Navigation Systems Group Ltd. ("Star "or "the Company") ($SNA:CA)($SNAVF) is pleased to announce that it attended the recent 2015 Canadian Forces Outlook industry days in Ottawa.
Held periodically, these sessions allow Canada's top Military leadership to brief industry participants on the requirements of Canada's military going forward and to discuss their goals for tomorrow's Navy, Army & Air Force.
Star, through its STAR MMI Division, is actively promoting its Canadian owned and managed high- tech capabilities in the area of ruggedized Flat Panel displays, workstations and associated electronics. STAR MMI displays are already present on-board military air, sea and land platforms around the world, including those of the United States, in Europe and Japan.
STAR MMI is confident that this proven, mission ready, Canadian capability meets the stringent requirements of the Canadian forces in a cost effective and efficient manner. In particular STAR MMI is able to bring to the Royal Canadian Navy large mission displays with proven and fielded technologies on-board several major European surface and underwater platforms.
We are very aware of the budget restraints facing military forces worldwide, and are pleased to be able to offer both new equipment as well as the ability to repair and refurbish existing units.
About Star Navigation: (www.star-navigation.com)
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 may 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.
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