Megadata Announces Contract With Ronald Reagan Washington National Airport for Multiple PASSUR(R) Products
GREENWICH, Conn., May 15 /PRNewswire-FirstCall/ -- Megadata Corporation (OTC: MDTA) announced today that Ronald Reagan Washington National Airport has contracted for several PASSUR web products, to include PASSUR Portal(TM), PASSUR Pulse(TM), and PASSUR inSight(TM). Key applications of the PASSUR suite at the airport will be landing fee reconciliation and gate reallocation.
'Ronald Reagan Airport has the vision and understands the importance of a single source of comprehensive, accurate flight information which can be used throughout many different areas of their business, such as managing landing fee revenue and negotiating gate leases,' said Jim Barry, Megadata president and CEO. 'The airport is already using several PASSUR products for noise management and operations, and we're very pleased we can expand our value to the airport with these additional new Web products.'
PASSUR Portal reinvents the way the aviation industry accesses timely, accurate and complete information for tasks such as gate and connections management, airfield optimization, and landing fee management. It provides a web dashboard onto the one-of-a-kind PASSUR database of live flight information affordably and simply, and is also the access point for all other PASSUR web services.
PASSUR Pulse gives airports easily distributed access to landing fee and operations reports from the unique PASSUR database of flight information, through a secure web site.
PASSUR inSight is the only web-based flight following program that combines national en-route flight tracking with precision, terminal-area tracking from the PASSUR network of radar, along with a next-generation graphics engine for real motion tracking and aircraft movement and the renowned PASSUR ETA.
About Megadata
Megadata owns and operates PASSUR, a national network of multiple, live flight information sources feeding a single, integrated database that is becoming the de facto standard of independent, complete, timely, and accurate information for the aviation industry. It includes the unique network of PASSUR radar installations in the US, Canada, Europe, and Asia. The company's principal business is the delivery of flight information, application software, and web-delivered collaborative decision tools to the aviation industry and organizations that serve, or are served, by the aviation industry. Megadata distributes its products through a direct sales force, and through premier aviation decision-support technology firms.
Visit Megadata's web site at www.passur.com for updated products, solutions and PASSUR news.
The forward-looking statements in this news release relating to management's expectations and beliefs are based on preliminary information and management assumptions. Such forward-looking statements are subject to a wide range of risks and uncertainties that could cause results to differ in material respects, including those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of the Company's owned PASSURs located at major airports, the Company's maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect the Company's results is contained in the Company's SEC filings, including the October 31, 2005 Form 10-K and January 31, 2006 Form 10-Q.
SOURCE Megadata Corporation
Source: PR Newswire (May 15, 2006 - 8:02 AM EST)
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