Megadata Corp. (PSSR)

[RonnieD]

August 28, 2006:
Central Flying Service Selects PASSUR(R) FBO Product Suite
GREENWICH, Conn., Aug. 28 /PRNewswire-FirstCall/ -- Megadata Corporation (OTC: MDTA) announced today that Central Flying Service, Arkansas' oldest general aviation business, has purchased PASSUR FBO, to include PASSUR Portal(TM), PASSUR Pulse(TM), and PASSUR inSight(TM) to manage operations and marketing.

'Central Flying is an innovator -- we have a list of firsts dating back to 1939, and we believe PASSUR FBO is an innovative product suite,' said Dick Holbert, Central Flying's CEO. 'PASSUR appeals to us because it provides a number of ways to further improve service to our customers, through the best arrival information, as well as marketing information that's otherwise very difficult and time-consuming to access.'

'Central Flying has a premier reputation and we're on the same sheet when it comes to working with customers -- introduce continuous innovations to thrill them at every turn,' said Jim Barry, Megadata President and CEO. 'Working with Central Flying also marks our first entrance to Arkansas, and we're pleased to be working with the largest full-service fixed-base operation in the world measured by square feet under roof, over 570,000 in 22 buildings.'

PASSUR Portal is at the heart of the PASSUR Collaborative Decision Making approach, providing an instant, live snapshot of vital operational information on a 'web dashboard' of multiple information sets derived from the one-of-a-kind PASSUR database, and tools for instant information sharing and communication among all users. Portal is the main access point for all other PASSUR web services.

PASSUR Pulse gives aviation organizations access to the most complete, accurate and timely activity reports based on the PASSUR database of flight information, including detailed owner/operator information.

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 U.S., 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 http://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 April 30, 2006 Form 10-Q.

Contact:
Ron Dunsky
[phone]
(917) 587- 9672
[e-mail]

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE Megadata Corporation



Source: PR Newswire (August 28, 2006 - 8:00 AM EST)

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