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Latest News and Archives about STAR

Apr 3, 2019 - STAR NAVIGATION ANNOUNCES SHAREHOLDER CONCERN FOR IMMEDIATE RELEASE Canadian Securities Exchange Symbol: SNA OTCQB Symbol: SNAVF

STAR NAVIGATION ANNOUNCES SHAREHOLDER CONCERN FOR IMMEDIATE RELEASE Canadian Securities Exchange Symbol: SNA OTCQB Symbol: SNAVF
 
TORONTO, Ontario, April 3, 2019 - Star Navigation Systems Group Ltd. (CSE: SNA) (OTCQB:SNAVF) ("Star” or the “Company”) announcesthat a number of shareholders of the Company have contacted the Board of Directors requesting that a Special General Meeting of shareholders be called with respect to a change of Chief Executive Officer.The Board of Directors is considering its options with respect tothis request, and will comply with all relevant regulatory requirements.
 
About Star Navigation:Star Navigation Systems Group Ltd. owns theexclusive 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 fleetmanagement while reducing costs for the operator.
 
Star’s 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 Agusta
Westland helicopters, as examples.
 
Star’s subsidiary, Star-Isoneo Inc. is a specialised software firm, developing complex solutions in engineering, simulation and development for Canadian customers. Star-Isoneo works closely with Star in the development of the Company’s MEDEVAC (STAR-ISAMM™ and STARLSAMM™) applications of the patented STAR-A.D.S. ® technology, and on its current R&D program with Bombardier.
 
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 Roger S. Peacock, General Counsel (416) 252-2889 Ext. 225
roger.peacock@star-navigation.com


Mar 28, 2019 - STAR NAVIGATION EXTENDS TERM OF CERTAIN WARRANTS FOR IMMEDIATE RELEASE Canadian Securities Exchange Symbol: SNA OTCQB Symbol: SNAVF

STAR NAVIGATION EXTENDS TERM OF CERTAIN WARRANTS FOR IMMEDIATE RELEASE Canadian Securities Exchange Symbol: SNA OTCQB Symbol: SNAVF
 
Toronto, March 28, 2019 - Star Navigation Systems Group Ltd. (CSE: SNA) ("Star" or the "Company"), is pleased to announce that it is extending the term of 31,801,333 common share purchase warrants ( the “2016 Warrants”) issued pursuant to a private placement announced April 13, 2016. The 2016 Warrants, originally due to expire April 12, 2019, are exercisable at a price per common share of $0.07. The new expiry date of the 2016 Warrants will be April 2, 2021. The Company also announces that it is extending the term of 3,766,667 common share purchase warrants (the “2018 Warrants”) issued pursuant to a private placement announced April 26, 2018. The 2018 Warrants, originally due to expire April 27, 2019, are exercisable at an exercise price of $0.07. The new expiry date of the 2018 Warrants will be April 2, 2021.
 
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 incidentoccurrence 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 Agusta Westland helicopters, as examples.
 
Star’s subsidiary, Star-Isoneo Inc. is a specialised software firm, developing complex solutions in engineering, simulation and development for Canadian customers. Star-Isoneo works closely with Star in the development of the Company’s MEDEVAC (STAR-ISAMM™ and STARLSAMM™) applications of the patented STAR-A.D.S. ® technology, and on its current R&D program with Bombardier.
 
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
Roger S. Peacock, General Counsel (416) 252-2889 Ext. 225
roger.peacock@star-navigation.com


Mar 4, 2019 - STAR NAVIGATION OPENS NEW MONTREAL OFFICE

TORONTO, Ontario, March 4, 2019 - Star Navigation Systems Group Ltd. (CSE: SNA)(OTCQB: SNAVF) ("Star” or the “Company”) is pleased to announce that effective February 15,2019, the Company opened its new Montreal Corporate Office in The Technoparc. Located in the Saint-Laurent Borough in Montreal, and adjacent to Montreal International Airport, Star and its new subsidiary, Star-Isoneo Inc. join about 100 other companies, from multinationals to SME’s, all specialized in research, development and related services.
 
These companies operate in high-tech sectors such as aerospace, life sciences and pharmaceuticals, ICT and various technologies. Major names in the aerospace industry are at the Technoparc such as Bombardier, Thales, AJW Technique and many others. From the initial plan of commercial aircraft to integrated flight safety systems, a large number of aeronautical research and development projects in Montreal began at the Technoparc
 
These new premises will allow Star to more effectively interact and support its existing R&D projects with its Aerospace partners while at the same time providing a stimulating environment for the software development activities of Star-Isoneo Inc. 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. https://agoracom.com/ir/StarNavigationSystems/forums/discussion
 
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 incidentoccurrence 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 deckflat 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 Agusta
Westland helicopters, as examples.
 
Star’s subsidiary, Star-Isoneo Inc. is a specialised software firm, developing complex solutions in engineering, simulation and development for Canadian customers. Star-Isoneo works closely with Star in the development of the Company’s MEDEVAC (STAR-ISAMM™ and STARLSAMM™) applications of the patented STAR-A.D.S. ® technology, and on its current R&D program with Bombardier.
 
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, CEO (416) 252-2889 Ext. 230
 

 


Feb 14, 2019 - Star Navigation Thanks Premier Ford for Supporting Ontario Business

TORONTO, Ontario, February 14, 2019 –Star Navigation Systems Group Ltd. (CSE:SNA) (OTCQB: SNAVF) ("Star" or the "Company") wishes to thank Ontario PremierDoug Ford for taking time out of his busy schedule to visit our new Head Office inBrampton.
 
During his visit, Premier Ford had a chance to meet with both Senior Management andstaff, and tour our new facility.
 
One of the highlights of the tour was a comprehensive audio-visual briefing on Star’s new MEDEVAC solutions, STAR-ISAMM™ and STAR-LSAMM™. The STAR-ISAMM™ system interfaces with existing bio-medical patient monitoring equipment aboard a MEDEVAC helicopter. It securely transmits the patients’ vital signs and other critical information directly to receiving hospital physicians through SATCOM or GSM, as well as providing tracking and location of the vehicle. This allows the early assessment and initiation of the best possible care plan, well before the patient arrives. The System is equally adaptable to both ambulance and commercial airline usage. The Premier was also briefed on the full range of Star’s other products, all of which are based on Star’s patented ISMS® technology and all of which were developed here in Ontario. The briefing reviewed the flagship STAR-A.D.S. ® System, a real time, satellite based, in-flight safety monitoring system, and its variants STAR-TTT™ and STAR-Vtrk™. In his closing remarks, Premier Ford graciously thanked Star’s management for the chance to learn about Star’s new technologies, which he said were the kind of investor supported entrepreneurial initiatives that are the basis for oppourtunities and growth in Ontario.
 
Mr. Viraf Kapadia, Chairman and CEO of Star said: “Having the chance to discuss Star’s solutions for improvements in health care through our MEDEVAC products was most gratifying. Premier Ford is certainly a very strong proponent of Ontario business and we look forward to working with him and his government in the future.”
 
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" 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. 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. 
 
https://agoracom.com/ir/StarNavigationSystems/forums/discussion 
 
Please visit www.star-navigation.com or
Viraf Kapadia, CEO, (416) 252-2889 Ext. 230
viraf.kapadia@star-navigation.com

 


Feb 4, 2019 - Star Navigation Announces Cooperation Agreement with Centre Hospitalier Universitaire Sainte-Justine (“CHUSJ”)

TORONTO, Ontario, February 4, 2019 –Star Navigation Systems Group Ltd. (CSE:SNA) (OTCQB: SNAVF) ("Star" or the "Company") announces that the Company and its recently acquired subsidiary Solutions Isoneo Inc. (to be renamed STAR-ISONEO Inc. - see press release January 16, 2019) and CENTRE HOSPITALIER UNIVERSITAIRE SAINTE-JUSTINE, (https://www.chusj.org) have signed a cooperation agreement forthe Emergency Medical Services (“EMS”) markets which will enable them to providereal-time monitoring of patients while in transit on the ground or in the air.
 
CHUSJ is one of the top 10 mother-child hospitals in the World, with over 3500 births ayear. It has over 1500 nurses, over 500 Doctors and over 200 researchers on staff. As auniversity hospital centre, the CHUSJ brings together, in one location, patient care,research, teaching, technological assessment, rehabilitation and health promotion.
 
The parties will work on the application of the STAR-A.D.S. ® System to the EMS field,utilizing STAR equipment known as In-Flight System Aided Medical Monitoring (“STARISAMM™”) for air ambulance applications and Land System Aided Medical Monitoring, (“STAR-LSAMM™”) addressing Ground ambulances.
 
STAR and STAR-ISONEO are directly working on the hardware and software component of the systems, while CHUSJ, as a subject-matter expert, is working on the medical operations and environment. As an illustration, the CHUSJ is tasked with the definition and the realization of the medical users visual interface of the solution. The parties have already successfully presented the solution in Montreal in late in 2018. and STAR will be responsible for the marketing and sales of this unique EMS solution.
 
 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" 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.
 
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. https://agoracom.com/ir/StarNavigationSystems/forums/discussion
 
Please visit www.star-navigation.com or
Viraf Kapadia, CEO, (416) 252-2889 Ext. 230
viraf.kapadia@star-navigation.com



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