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Mar 1, 2018 - Star Navigation Systems Appoints Salwan Aviation Group As Exclusive Distributor For India - Opens Office In New Delhi

Star Navigation Systems Appoints Salwan Aviation Group As Exclusive Distributor For India - Opens Office In New Delhi

TORONTO, March 01, 2018 (GLOBE NEWSWIRE) -- Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) (OTCQB:SNAVF) ("Star" or the "Company") is pleased to announce the appointment of Salwan Aviation Group as its sole and exclusive Distributor in India for all Star products, as well as the opening of a Star office in New Delhi to provide technical, engineering and sales support. The Salwan agreement provides for an initial term of one (1) year, renewable upon the achievement of sales targets.

The decision to create this partnership with Salwan Aviation and commit resources to India was driven by two important industry reports issued in the fourth quarter of 2017 as follows;

INTERNATIONAL AIR TRANSPORT ASSOCIATION (IATA) REPORT PROJECTS SUBSTANTIAL GROWTH OF INDIAN AVIATION MARKET

A report published by the International Air Transport Association (IATA) in October 2017 concluded the following:

1. India will become the third largest aviation market in the world by 2025.

2. Indian airlines have over 800 planes on order and in the next five years are set to add 350-400 aircraft. Currently, all Indian airlines put together have a fleet of approximately 500 aircraft.

3. By 2036, India air passenger traffic will reach 478 million, surpassing air passenger traffic of Japan and Germany combined. Current India air passenger traffic totals 114 million.

CENTRE FOR ASIA PACIFIC AVIATION (CAPA) REPORT PROJECTS SUBSTANTIAL JOB GROWTH WITHIN INDIAN AVIATION INDUSTRY

A report published by the Centre For Asia Pacific Aviation (CAPA) in November 2017 concluded the following:

1. By 2027, India's aviation market will generate close to 2.6 million direct and indirect jobs.

2. By 2027, India will need 16,800 pilots compared to the current total of 6,772 pilots.

3. By 2027, growth in cabin crew jobs will increase from the current 11,000 to 26,325.

4. By 2027, growth in maintenance engineers will increase from the current 14,420 to 34,972.

Viraf Kapadia, Chairman &CEO said: "The growth figures for aviation in India are massive and irrefutable after reading these reports. However, we believe this level of growth in aircraft, pilots and maintenance engineers will also pose safety and security challenges that will require the assistance of leading products and solutions from Star Navigation. Moreover, the ROI of our solutions will help these airlines reduce costs and run more efficiently in what is bound to be a very competitive market. The appointment of Salwan Aviation will ensure that Star will be part of those conversations from the very beginning."

SALWAN AVIATION

Salwan Aviation is the newly formed division of Salwan Group, a company that has experienced great success in India across multiple industries for more than 30 years. The company's proven management team and extensive network will be invaluable to introducing Star to India's airline industry. Salwan Group will utilize Stars' registered Indian patent #209558 to meet their marketing and sales objectives.

Amit Salwan, Executive Director of Salwan Aviation Group stated "We are deeply honored to be appointed exclusive distributor in India for Star Navigation. We have been aware of Star's efforts in India since 2008 with recommendations for their technology by India's DGCA. India will be one of the fastest growing aviation markets in the world expecting an additional 800 additional aircraft in the next 5 years. We have positioned our company to be a key player in India's aviation industry by retrofitting aircraft with Star's leading technology."

This Press Release Is Available On The Company's CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

About Star Navigation

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the heart of the STAR-A.D.S. (R) 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.

Stars' M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.

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 Viraf S. Kapadia, (416) 252-2889 Ext. 230 viraf.kapadia@star-navigation.com
 


Feb 28, 2018 - Star Navigation Launches Online Marketing Program and “CEO Verified” Discussion Forum on AGORACOM to act as Primary Investo

Star Navigation Launches Online Marketing Program and "CEO Verified" Discussion Forum on AGORACOM to act as Primary Investor Social Media Platform

TORONTO, Feb. 28, 2018 (GLOBE NEWSWIRE) -- Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) (OTCQB:SNAVF) ("Star" or the "Company") is pleased to announce the launch of an online marketing program and "CEO Verified" Discussion Forum on AGORACOM. The forum will serve as the Company's primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environment.

The Company will receive significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of invaluable digital properties such as AGORACOM TV, the AGORACOM home page and the AGORACOM Twitter account will serve to significantly raise the brand awareness of the Corporation among small cap investors. AGORACOM is the only small cap marketing firm in North America with a verified Twitter account.

MODERATED DISCUSSION FOR PUBLIC COMPANY EXECUTIVES AND SHAREHOLDERS

AGORACOM "CEO Verified" provides the first ever identity verification of small cap executives on a finance platform. For the first time ever, small cap CEO's and other company officers can post or communicate within a discussion forum without the risk of impersonation leading to catastrophic consequences. As the ultimate influencers of their own companies, "CEO Verified" Forums will create incredible levels of engagement between companies and investors that have long desired civilized, constructive and factual conversation, with no limitations as to the number of characters.
Posts to AGORACOM are shareable on Twitter, Facebook and LinkedIn, which enables the Company and its shareholders to continue utilizing these channels while making AGORACOM the primary HUB of investor engagement.

There are no log-in requirements for investors to visit the forum and read posts. Those wishing to post questions, comments and interact with company officers can quickly log-in using their Facebook or LinkedIn accounts, or create an anonymous new user account.
The Star Navigation Discussion Forum can be found at:

https://agoracom.com/ir/StarNavigationSystems
Verified officers at launch are:

o Viraf Kapadia, Chairman and CEO o Jean-Louis Larmor COO o Roger S. Peacock Viraf Kapadia stated, "We believe the time is right for Star Navigation to begin reaching a larger audience of investors that has a strong interest in small cap technology companies. At the same time, we are now taking control of our online messaging by providing shareholders with a moderated social media platform that creates intelligent discussion. To our knowledge, AGORACOM is the only firm capable of providing both of these critical elements. The combination of these two elements will help us create an online community of Star Navigation investors that will benefit the company for years to come."

George Tsiolis, AGORACOM Founder, stated, "The Star Navigation client roll of companies such as Lockheed Martin, Raytheon, Northrop Grumman Italy and others provides the third party validation necessary for AGORACOM to confidently include the company in our online marketing channels reaching millions of investors. The Company's willingness to be accessible and engage with online investors through its CEO Verified Discussion Forum is a strong sign of confidence in its future."

SHARES FOR SERVICES

The Company intends to issue shares for services to AGORACOM in exchange for the online advertising, marketing and branding services ("Advertising Services"). Pursuant to the terms of the agreement, the company will be issuing:

o $39,000 (plus HST) worth of Common Shares upon commencement and initial set up of the Services on February 28, 2018; o $9,000 (plus HST) worth of Common Shares at end of third month of the Agreement being May 28, 2018; o $9,000 (plus HST) worth of Common Shares at end of sixth month of the Agreement being August 28, 2018; o $9,000 (plus HST) worth of Common Shares at end of ninth month of the Agreement being November 28, 2018; o $9,000 (plus HST) worth of Common Shares at end of twelfth month of the Agreement being February 28, 2019.

The number of common shares to be issued at the end of each period will be determined by using the closing price of the common shares of the Company on the CSE on the first trading day following each period for which the Advertising Services were provided by AGORACOM.

In addition, AGORACOM has been granted options to purchase 1,500,000 shares of Star at a price of seven cents ($0.07) per share.
The agreement/arrangement is subject to exchange approval and applicable securities regulations.

The term of the Agreement is for 12 months effective February 28.
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.

Stars' M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.

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 Viraf S. Kapadia, (416) 252-2889 Ext. 230 viraf.kapadia@star-navigation.com

About AGORACOM

AGORACOM is the pioneer of online marketing, broadcasting, conferences and investor relations services to North American small and mid-cap public companies, with more than 300 companies served. AGORACOM is the home of more than 767K investors that visited 5.2 million times and read 53 million pages of information every year. The average duration of visit of 8min 43sec is more than double that of global financial sites, which can be attributed to the implementation and enforcement of the strongest moderation rules in the industry (All Metrics Average 2008 - 2017).

AGORACOM traffic ranks within the top 0.5% of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion, as well as, implementation of the first ever Investor Controlled Stock Discussion Forums in 2007. 10 years later, in 2017, AGORACOM launched the first ever "CEO Verified" Discussion Forums to allow Small Cap CEO's and Company officers to post comments in a fully verified, moderated and social media shareable environment.


Jan 29, 2018 - Star Navigation Announces Option Grants

Star Navigation Announces Option Grants

TORONTO, Jan. 29, 2018 (GLOBE NEWSWIRE) -- Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) (OTCQB:SNAVF) ("Star” or the “Company”) is pleased to announce that pursuant to its 2006 Incentive Stock Option Plan, as amended, the Board of Directors of the Company has approved the grant of incentive stock options to purchase 1,850,000 common shares in the capital stock of the Company to certain employees, consultants and an officer of the Company (the “Grantees”). The options expire January 1, 2020, and are exercisable at a price of $0.10 per common share.

The Board of Directors of the Company utilizes stock options as long-term incentives to certain directors, officers, employees and consultants of the Company as part of its overall strategy.  The Compensation and Corporate Governance Committee of the Board of Directors believes that stock option grants serve the Company's compensation philosophy in two ways: firstly, it helps attract, retain, and motivate talent; secondly, it aligns the interests of those granted stock options with those of the shareholders by linking a specific portion of that person’s compensation to share price.

The stock options granted to an officer of the Company replace stock options that have expired or are expiring February 17, 2018, and all options vest four months after the date of issue.

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.

Stars’ M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.

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

Viraf S. Kapadia, (416) 252-2889 Ext. 230

viraf.kapadia@star-navigation.com\


Jan 11, 2018 - Star Navigation Announces Completion of Private Placement

Star Navigation Systems Group Ltd. (CNSX:SNA.CN) (CNSX:SNA-CN.CN) (OTCQB:SNAVF) ("Star" or the "Company") is pleased to announce that it will close a non-brokered private placement on January 12, having issued 4,000,000 units of the Company (the "Units") at a price per Unit of $0.10 for gross proceeds of $400,000. Each Unit consists of one common share in the capital of the Company and one warrant. One warrant entitles the holder to purchase one (1) additional common share of the Corporation at fifteen ($0.15) cents per warrant exercised. The warrants are exercisable during the one (1) year period from the date of issue.

All securities issued in the Offering and any shares issued upon exercise of warrants are subject to a four month statutory hold period from the date of issuance. The net proceeds of the placement will be used for research and development, marketing and corporate overhead. Star has agreed to pay finder's fees in the amount of ten (10%) percent of gross proceeds in Units. The price was reserved with the CSE.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the heart of the STAR-A.D.S. (R) 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" 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 Canadian Securities Exchange nor its Regulation Services Provider (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

Viraf Kapadia, CEO, (416) 252-2889 Ext. 230

viraf.kapadia@star-navigation.com


Jan 9, 2018 - Star Navigation M.M.I. Division Update

Star Navigation Systems Group Ltd. (CNSX:SNA.CN) (CNSX:SNA-CN.CN) (OTCQB:SNAVF) ("Star" or the "Company") is pleased to announce its first orders of the New Year for its' STAR Man Machine Interface Division ("STAR- M.M.I. (TM)").

STAR- M.M.I. (TM) has received a new batch of repair orders from Lockheed Martin under the recently implemented agreement for refurbishment and maintenance. The agreement covers activities up to the year 2021. (See Press Release April 20, 2017). In addition, the Company has recently received repair and refurbishment orders from CAE (CAE Middle East LLC) and Blue Aerospace. CAE is a global leader in modelling, simulation and training for civil aviation and defence. Blue Aerospace, headquartered in Florida, is an international company active in military and defence sectors, with an outreach to 30 countries around the world. The estimated total repair business under these early 2018 orders is approximately U.S. $85,000. (CDN $105,000).

Mr. Jean-Louis Larmor, Star's COO said:

"2018 starts on a very positive note for our STAR-M.M.I. (TM) Division. We are now working under a three-year contract for flat screen display refurbishing with one major customer and are attracting additional maintenance business from other well-established customers. Star now plans to pursue the new display and man-machine interface market for retrofits on fixed wing and rotary wing aircraft. Our credentials and experience in customized LCD displays and control units have put us in a unique position to rapidly and efficiently answer the very specific needs of this market segment."

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the heart of the STAR-A.D.S. (R) 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.

Stars' M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.

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

Viraf S. Kapadia, (416) 252-2889 Ext. 230

viraf.kapadia@star-navigation.com



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