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Newark Liberty International Airport Contracts for PASSUR Suite of Operations tools
Greenwich, CT, December 21, 2007 — Megadata Corporation (OTC: MDTA) announced today that Newark Liberty International Airport, operated by the Port Authority of New York and New Jersey, has purchased subscriptions to PASSUR® inSight™ and Portal™ software solutions for their operations centers. These PASSUR solutions help airports achieve cost savings and operational efficiencies through instant communications, coordination and consistent information, for greater overall performance.
“Newark Liberty International came to us with the challenge of consolidating all their visual flight following, real-time airspace analysis, and operational situational awareness onto one platform,” said Jim Barry, Megadata’s president and CEO. “We’re pleased they chose PASSUR to help manage one of the most complex and critical pieces of the nation’s aviation infrastructure.”
PASSUR Portal is an integral part of the “PASSUR 3C” program, providing a live snapshot of vital operational information on a “web dashboard” which combines multiple information sets derived from the one-of-a-kind PASSUR database, and tools for coordination, communication and consistent information sharing among all users.
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-motion tracking and aircraft movement, and the renowned PASSUR ETA.
About Megadata
Megadata owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs) located at more than 85 airports world-wide, including 33 of the top 35 U.S. airports - from which it provides PASSUR information, analytics, and decision support tools to improve the financial condition and operational efficiency of aviation organizations. Megadata offers unique user friendly information as well as decision algorithms which provide innovative commercial air traffic solutions to more than 50 airports, including 8 of the top 10 U.S. airports; dozens of airlines, including 7 of the top 10 U.S. airlines; and more than 150 corporate aviation customers, as well to the U.S. Government. In addition, the company has created and implemented collaborative web-based software that allows the company’s customers to instantly share information to improve individual and joint decision making, creating additional value for those customers.
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 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, 2006 Form 10-K, and the July 31, 2007 10-Q.
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