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Megadata Announces San Diego International Airport has Contracted for PASSUR® Pulse™ for Landing Fee Management
Greenwich, CT, May 1, 2006 — Megadata Corporation (OTC: MDTA) announced today that San Diego International Airport has purchased PASSUR Pulse, a data and software program that gives airports instant, complete, detailed landing fee and operations reports coupled with management tools from the unique PASSUR database of flight information.
“A key component of our long term information technology plan is to ensure that all of our airport systems are driven by the most accurate, uniform data available, to optimize the capabilities of our airport,” said Howard Kourik, San Diego International Airport IT Director. “PASSUR has established itself as a first-class information source, and our thorough evaluation of their capabilities means that PASSUR will be an important part of our future. We plan to use PASSUR information to ensure we’re properly collecting landing fees, and to standardize our operational statistics.”
“San Diego Airport has been a longtime customer of Megadata’s, and we’re very pleased to expand that relationship by providing premier information to more efficiently operate their airport,” said Jim Barry, Megadata’s president and CEO.
PASSUR Pulse is one of a suite of web-dashboard and data feed solutions designed for airlines, airports and corporate aviation. Pulse is one of several PASSUR programs currently used by SAN to assist in operations, public information, noise abatement and financial management.
About Megadata
Megadata owns and operates PASSUR, a national network of multiple, live flight information sources feeding a single, integrated database that is becoming the de facto standard of independent, complete, timely, and accurate information for the aviation industry. It includes the unique network of PASSUR radar installations in the US, Canada, Europe, and Asia. The company’s principal business is the delivery of flight information, application software, and web-delivered collaborative decision tools to the aviation industry and organizations that serve, or are served, by the aviation industry. Megadata distributes its products through a direct sales force, and through premier aviation decision-support technology firms.
The forward-looking statements in this news release relating to management’s expectations and beliefs are based on preliminary information and management assumptions. Such forward-looking statements are subject to a wide range of risks and uncertainties that could cause results to differ in material respects, including those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of the Company’s owned PASSURs located at major airports, the Company’s maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect the Company’s results is contained in the Company’s SEC filings, including the October 31, 2005 Form 10-K and January 31, 2006 Form 10-Q.
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