Star Navigation Provides India Update
November 20 2017 - 2:50PM
Star Navigation Systems Group Ltd.
(CSE:SNA) (CSE:SNA.CN) ("Star" or the "Company"), is
pleased to provide an update with respect to ongoing discussions
being held with Indian regulators concerning the opening of
the Indian market for sale and activation of the STAR-A.D.S. ®
System.
Star’s Indian distributor recently concluded a series of
meetings with the office of the Indian Directorate General of Civil
Aviation (“DGCA”). The DGCA is the Indian governmental
regulatory body for civil aviation, operating under the Ministry of
Civil Aviation.
A meeting with the Ministry of Civil Aviation of India
also took place. The Indian equivalent of Transport Canada, the
role of the Ministry is to formulate national policies and
programmes for the development and regulation of Civil Aviation and
for devising and implementing schemes for the orderly growth and
expansion of civil air transport. Star’s unique technology and its
ability to enhance both air safety and operational efficiency was
discussed thoroughly and has created significant interest with the
Indian authorities. Letters were accepted by the regulators
initiating the formal process. The next step is a formal technical
presentation of the features and benefits of the STAR-A.D.S. ®
System, to be provided by Star’s engineering and sales staff at a
date to be confirmed.
Star’s CEO, Viraf S. Kapadia said:
“We have been working with the authorities in India on this
initiative for several years and are most encouraged by the
response to the proposals made during our recent meetings. The
Indian aviation market is growing at a very rapid pace and we are
convinced that our products can contribute to that growth by
enhancing air safety.”
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@goldfeather.ca
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