Canadian Company Spotlight

Star Navigation Systems Group Ltd. 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.

Profile

The news of an Air France flight enroute from Rio de Janeiro, Brazil, to Paris, France, crashing into the Atlantic Ocean on 1 June 2009, killing all 216 passengers and 12 crew members was shocking enough and made worldwide headlines, but what is also alarming is that the investigation is still underway and many questions may go unanswered due to the fact that the airplane's black boxes, and flight data recorders were never retrieved. These instruments could have been key pieces of evidence in understanding what happened that day, and investigators could have used that knowledge to prevent future catastrophes.

The problem with solving catastrophies of this nature is that the key tools to help investigators understand the problems that occurred on a plane during flight are physically on the plane and if the plane does end up going down, the black boxes and voice data recorders go down with it, leaving them vulnerable to damage or in some cases such as the Air France flight, nearly impossible to locate.

Airlines are scrambling to find alternatives to the outdated and very expensive method of recovery of black boxes, and are looking for better, faster and less costly access to aircraft flight data. A system that can alert them to a possible problem in real-time and hopefully give them enough information to prevent an air disaster. A solution of that kind is now available from Star Navigation Systems Group, Ltd (“STAR”), an aerospace technology company, headquartered in Toronto, Canada and listed on the TSX-Venture Exchange:SNA.

Star Navigation Systems Group Ltd. is a Canadian leading edge technology company focused on providing Aerospace Solutions - both hardware and software platforms - to assist aviation operators worldwide. Headquartered in Toronto, Canada, Star has developed the In-flight Safety Monitoring System (ISMS TM) - the first system in the world to feature in-flight data monitoring and diagnostics with a real-time, secure connection between aircraft and ground, made possible through current technology and satellite transmission.

The system has been tested and certified for airworthiness by world transport authorities including the FAA and Transport Canada. Star Navigation owns the world-wide license (ground, air and marine) for this revolutionary technology and is actively developing new applications for in-flight medical monitoring, environmental monitoring, and additional ground-based systems. This proprietary patented technology provides real-time monitoring and "intelligent transmissions" that will enhance aviation safety, facilitate the reduction of maintenance costs, and provide the opportunity to dramatically increase airline profits.

Star's prominent Strategic Advisory Committee is chaired by Mr. Pierre Jeanniot, former CEO of Air Canada and former CEO and Director General of IATA. Other appointments include Mr. Karel Ledeboer, Executive VP, Operations for KLM Royal Dutch Airlines, Mr. Charles Simpson, former Chairman of the Transportation Safety Board of Canada, and Mr. Jean-Louis Larmor, former THALES - Director for Aerospace programs, former Director for Canada.

The system is truly amazing, and AllPennyStocks.com was recently invited to tour Star Navigation's corporate headquarters and command post in Toronto and we were quite impressed with the sophistication of the system when shown how the system works. The Company has also put out a YouTube video, for investors that are not able to see the system in person. That video can be watched here.

The system, which is STAR-ISMS, is essentially a next generation black box. The system is patented by the Company and can be used in the air, on the ground and in marine conditions, so the possibilities are endless for this Canadian micro-cap. This proactive system is essentially an early warning system, which would alert ground personnel of any potential problems as soon as they occur in the hopes of quickly correcting or mitigating the problem right away.

The system has the ability to not only help reduce flight delays, but can also save airlines maintenance expenses and it can even optimize fuel savings, all valuable cost savings for the challenging airline industry. With patents on this technology, Star is looking at a potential gold mine of recurring revenues if airlines adopt their new "next-generation" black box.

The Company's stock price has also "taken off" over the last few months as investors eagerly await developments in the form of revenues and partnerships. Looking at the stock from a technical perspective, things are looking like they are shaping up perfectly for a new up-trend. The stock has traded in a narrow range over the last five weeks with some healthy price consolidation after the major run from mid-November until mid-February. However, over the last few days the bollinger bands have slowly started to expand as the stock price started to creep higher, which may mean the beginning of a price break-out.

The MACD is just about to do a bullish moving average crossover. A Bullish Moving Average Crossover occurs when MACD moves above its 9-day EMA, or trigger line. Volume is also a pre-cursor to price movement, and in this case the volume has been picking up over the last three days, and all three days have been bullish days for the stock. The ADX technical indicator is showing that the prolonged up-trend being experienced for SNA is getting stronger as the +DI is separating from the -DI and the trend strength is getting stronger.

Currently there seems to be significant support for the stock at the $0.35 cent level, so if prices don't go the way they are expected, a good stop loss level would be in the $0.35 cent range, again depending on your risk tolerance. As always, we encourage all investors to do their own due diligence and consult with a financial advisor prior to making any investment decisions.

Overall, the chart is quite bullish for SNA, and given the magnitude of their technology, it will only be a matter of time before the fundamentals turn in line with the technical merits for this Company. The Company's management team is well experienced in their field of work, the technology is second to none and various technical analysis indicators point to a potentially new up-trend. For all these reasons, we decided to spotlight Star Navigation Systems Group Ltd. (TSX-Venture:SNA) as our latest Canadian Company Spotlight.

Star-ISMS

STAR-ISMS is an on-board monitoring system that provides a "virtual window into an aircraft". It is a commercial, cost-effective, air to ground communication system that automatically and securely transmits flight data and incident alerts in "real time". STAR-ISMS continuously monitors selected avionics systems on the aircraft as it flies, instantly analyzes the data, and transmits the data and any incident alerts, via satellite to the operator. The STAR-ISMS system provides an operator's ground personnel the ability to monitor trends, predict possible failures, schedule repairs, and assist the flight crew to take preventive action as required. It acts as an early warning system, detecting the earliest signs of potential problems. Importantly, it performs these functions in "real-time" providing essential safety monitoring to the benefit of passengers, aircraft personnel, and grounds crew.

STAR-ISMS is based on patented technology that incorporates 2 most important flight diagnostic requirements for airline safety:

1. Airborne Flight Analysis

As part of the airborne flight analysis, selected aircraft parameters are automatically read, analyzed and stored. In addition, any selected parameter that is "suspect", is transmitted as an "Alert Notification" in an encrypted format to the Ground-based Monitoring System in real time, using satellite communications and the internet. STAR-ISMS uses state-of-the-art communications and can continuously transmit 4,500-18,000+ parameters per minute (depending on available bandwidth).

2. Ground-Based Monitoring

Situated on the ground, typically at the customer's facility (MRO or Star Facility) the Ground-Based Monitoring System decrypts, monitors, and stores flight data. Encrypted Alert Notifications are captured, highlighted and are automatically transmitted securely over the Internet to the airline's operations control or maintenance control centre. Unlike the after-the-fact-review Black Box, STAR-ISMS is new proactive proprietary technology and not a refinement of existing systems which have reached their old-technology limits. STAR-ISMS is a product for the future.

YouTube.com Video: Click Here.

Asset Tracker

Flight tracking allows the client to view their aircraft's position and details from anywhere in the world. The Flight Tracking system is designed to receive satellite messages from assets en route or end users on the ground, in the form of GPS position reports, two-way text messages, or telemetric data reports. Users can track assets, communicate via simple text messaging, and receive and update flight plans.

With this technology, dispatchers, logistics and operations managers as well as executives have the power to control all of their assets (aviation, marine or land based) from their desk. Asset management has never been easier.

Viraf Kapadia - Chairman & CEO

Mr. Kapadia is Star Navigation's acting Chairman of the Board and Chief Executive Officer. He brings over 37 years of executive level experience in Europe, Asia, Middle East and North America in the fields of accounting, aviation, steel and building industry.

Dale F. Sparks – Chief Technical Officer CTO

Mr. Sparks is Star Navigation's Chief Technical Officer. He has a strong technical background, and is one of the co-designers and co-developers of the original TERRASTAR:Real-Time MonitoringTM system. He is an experienced, respected I.S. professional and has managed and implemented a variety of technology mandates. He is a driving force behind Star's Research & Development and his expertise and in-depth knowledge of integration, development, technology and infrastructure management, are proven assets that will help move the company forward in achieving its goals.

Baljeet Singh - President, Asia Operations

K-37 Green Park Main
New Delhi, India
110016

Star Navigation Systems Group Ltd.
300-2970 Lakeshore Blvd. W., Toronto, Ontario M8V 1J7
Telephone: 416.252.2889
Fax: 416.252.3963
Email: sales@star-navigation.com
Website: www.star-navigation.com

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