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JetDirect Aviation Signs National PASSUR Contract
Greenwich, CT, January 18, 2007 — Megadata Corporation (OTC: MDTA) announced today that JetDirect, a private jet services firm with FBO’s and charter operations across the country, has signed a national agreement for multiple PASSUR® products, to include PASSUR Portal™, Pulse™, and PASSUR inSight™.
“We are committed to providing consistently excellent service across our FBO and Global Charter network; and we see PASSUR as a big step forward to deliver on both,” said Phil Bissonnette, VP JetDirect Ramp Services. “In the charter market, where size and consistency of service are critical for success, the PASSUR network has both a national and international reach, and will provide us with a wealth of information to support our customer service standards. Because the software solutions are designed to emphasize accuracy and reliability, they’re able to quickly provide value to our company, and, in turn, to our customers. It truly makes for a great partnership.”
“Our aviation solutions are aligned with JetDirect’s strategic goals,” said Jim Barry, President and CEO of Megadata, which owns PASSUR. “Our team continuously delivers on aviation organization’s evolving requirements, and addressing the needs of JetDirect is a testament to our hard work. We look forward to exceeding JetDirect’s exacting standards.”
PASSUR Portal is at the heart of the PASSUR Collaborative Decision Making approach, providing an instant, live snapshot of vital operational information on a “web dashboard” of multiple information sets derived from the one-of-a-kind PASSUR database, and tools for instant information sharing and communication among all users. Portal is the main access point for all other PASSUR web services.
PASSUR Pulse gives aviation organizations access to the most complete, accurate and timely activity reports based on the PASSUR database of flight information, including detailed owner/operator information.
PASSUR inSight is the only web-based flight following program that combines national en route flight tracking with precision, terminal-area tracking from the PASSUR network of radar, along with a next-generation graphics engine for real-time tracking and aircraft movement, and the renowned PASSUR ETA.
About JetDirect
JetDirect , is a leading aircraft management and aviation services company with operations in New York, Philadelphia, St. Louis, Los Angeles, San Francisco, Seattle, Ft. Lauderdale and Dallas. The company offers standard charter, jet membership card programs and jet ownership options designed to meet the specific travel needs of its clientele. Visit www.jetdirect.net for more information.
About Megadata
Megadata owns and operates PASSUR, a national network of multiple, live flight information sources feeding a single, integrated database known for independent, complete, timely, and accurate information and solutions 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 data, 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 July 31, 2006 Form 10-Q.
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