Star Navigation Systems Part of CSE25 Index
September 19 2017 - 12:17PM
Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) ("Star"
or the "Company"), is pleased to announce that Star will be a part
of the CSE25, a new index just introduced by the Canadian
Securities Exchange (“CSE” or the “Exchange”). This index is
comprised of the securities of the largest companies by market
capitalization trading on the Exchange.
The CSE25 Index is a subgroup of the CSE Composite Index. The
composite index was launched in 2015 and includes almost half of
the Exchange’s listed companies and covers over 75% of the trading
activity on the Exchange. The new index includes the top
twenty-five securities by market capitalization contained in the
composite index. These companies account for over 50% of the
weighting in the larger index and are typically stocks that attract
considerable trading volume.
Mr. Viraf S. Kapadia, Star’s CEO said:
“Our listing on the CSE in April of this year has been a very
positive move for our Company and we look forward to working with
the Exchange as Star moves forward.”
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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