Star Navigation Announces Cooperation Agreement with Centre Hospitalier Universitaire Sainte-Justine (“CHUSJ”)
TORONTO, Feb. 04, 2019 (GLOBE NEWSWIRE) — Star Navigation Systems Group Ltd. (CSE: SNA) (OTCQB: SNAVF) (CSE:SNA.CN) (“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 for the Emergency Medical Services (“EMS”) markets which will enable them to provide real-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 a year. It has over 1500 nurses, over 500 Doctors and over 200 researchers on staff. As a university 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 (“STAR-ISAMM™”) 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 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.
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Please visit www.star-navigation.com or
Viraf Kapadia, CEO, (416) 252-2889 Ext. 230