Star Navigation Systems Announces New Sales Agency
August 30 2017 - 5:00PM
Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) ("Star"
or the "Company"), announces that it has entered into a new sales
partnership with Big Data Avionics Corp (“BDA”), which will hold
"non-exclusive" international sales rights to the sales of Star's
STAR-A.D.S.® System. The agreement has an initial term of one year,
with two further five year renewals possible if performance
benchmarks are attained.
Big Data Avionics Corp is powered by 35 years of seasoned
marketing and sales experience in the technology sales field.
Sales access to all of Star’s products (Star-ISMS ®,
Star-M.M.I.™, V-trk ™ and MEDEVAC ) will be part of
future discussions.
Prabhjeet Singh, CEO of BDA said:
"We are extremely proud that Star Navigation has put their trust
upon BDA Corp for the sales of their amazing products. We would
like to establish a fruitful relationship with Star and develop an
increased trust between buyers and Star's products. We are excited
for this endeavour to begin and connect with our contacts in the
aviation, and shipping industries while bringing success to BDA as
well as Star."
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. 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 constitute
forward-looking statements. When used in this document, the words
“may”, “would”, “could”, “will”, “expected” 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 the Canadian Securities Exchange nor
its Market Regulator (as that term is defined in the policies of
the Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of the content of this release.
Please visit www.star-navigation.com or
Jean-Louis Larmor, (416) 252-2889 Ext. 221
Jean-louis.larmor@star-navigation.com
Gold Feather Marketing Group
Attn.: Anahadjeet Garewal (647) 409-3434
info@goldfeathermarketing.com
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