Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) ("Star" or the "Company"), is very pleased to announce that Transport Canada has granted it a Supplemental Type Certificate ("STC") with respect to the installation of its STAR-ISMS® system on the Boeing 737-800 aircraft.
This is the first STC granted for the recently completed Second Generation ("G2") STAR-ISMS® system, and is a significant milestone in the commercial evolution of the G2. The G2 offers enhanced functionality, and is smaller, lighter and more cost effective to the user than the original system.
The Boeing 737 series is the bestselling jet airliner in history. 737-800's are operated by Quantas, KLM Royal Dutch Airlines, American Airlines and United Airlines, amongst many others.
Viraf S. Kapadia, Chairman and CEO of Star said,
"We are very pleased to receive this STC for the 737-800. To us at Star, it is a significant event with respect to both the ongoing refinement of the STAR-ISMS® system and the new G2, as well as our Company's progress towards full commercialization."
Source: Star Navigation Systems Group Ltd.
Date: Mar 26, 2012