TORONTO, ONTARIO--(Marketwire - July 19, 2012) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) ("Star" or the "Company"). Star Navigation Systems Group Ltd. is pleased to announce that it has received a Statement of Compliance for the STAR-ISMS® software from a Design Approval Representative of Transport Canada. The Statement of Compliance certifies that the STAR-ISMS® software complies with Airworthiness Manual Chapter 511 (AWM Chapter 511) issued by Transport Canada and Level E guidelines of the DO-178B standard issued by RTCA, Inc.
This approval is the final step in the software development process and approves the latest version of STAR-ISMS® software (2.0). Installation will be subject to the normal Supplementary Type Certificate process.
About Star Navigation:
Star Navigation Systems Group Ltd. (www.star-navigation.com) owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, 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, except as required by law.
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