Star Navigation Awarded U.S. Patent
TSX Venture Exchange Symbol: SNA
TORONTO, Oct. 18 /CNW/ - Mr. Viraf Kapadia, C.E.O. of Star Navigation
Systems Group Ltd. ('Star"), developer of the In-Flight Safety Monitoring
System ("ISMS(TM)"), is very pleased to announce that the United States Patent
& Trademark Office has just granted it a patent entitled "Systems and Method
for Transportation Vehicle Monitoring or Analyzing." Star holds the worldwide
aviation license to use and commercially exploit this particular patent, as
well as similar patents previously issued by the United Kingdom, Australia,
and Hong Kong.
Mr. Kapadia stated:
"This patent is important for Star because it significantly enhances the
protection of our In-flight Safety Monitoring System - ISMS (TM) and the
proprietary technology behind it. This patent award also confirms Star's
intention to vigorously protect the intellectual property rights with respect
to both its products, and to its groundbreaking technology."
About Star Navigation
Star Navigation Systems Group Ltd. (www.star-navigation.com) owns the
worldwide license to its proprietary, patented In-flight Safety Monitoring
System - ISMS(TM), 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.
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Source: Canada NewsWire (October 18, 2006 - 6:11 AM EST)
