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Anchorage International Airport Contracts for Multiple PASSUR® Solutions
Greenwich, CT, January 10, 2008 — Megadata Corporation (OTC: MDTA.OB) announced today that the Alaska International Airports System (AIAS), comprised of Ted Stevens Anchorage International and Fairbanks International Airports, has purchased subscriptions to the PASSUR® landing fee data feed (Pulse™), and web software applications PASSUR inSight™ and Portal™ to support live operations control. These PASSUR solutions help airports maximize revenue, and achieve cost savings and operational efficiencies through instant communications, coordination and consistent information, for greater overall performance.
“PASSUR is going to help us bring airport revenue management into the next generation,” said Keith Day, AIAS Controller. “We have complex airspace and a diversity of operators, putting a premium on the expertise PASSUR has in managing all the moving parts of the landing fee equation and live operations. In the past, we tried other solutions that frankly didn’t work. The beauty of PASSUR is that it is both a systemic solution that ensures all our core business systems are driven by the same set of highly accurate and reliable aviation statistics; and a suite of targeted software solutions which will help specific departments execute on their mission, whether that is revenue capture, passenger care or operational excellence.”
“We welcome Anchorage and Fairbanks into the PASSUR network of airports across the country,” said Jim Barry, Megadata’s president and CEO. “They have entrusted us with some of their most important business and operational requirements, leveraging our suite of solutions effectively.”
PASSUR Pulse™ gives airports access to the most complete, accurate and timely activity reports of arrivals and departures, based on the PASSUR radar record and integrated database of flight information, including detailed owner/operator information, maximum certificated weights by tail number, seat configurations, runway utilization, and other details in aggregate and by individual flight. The application is part of the PASSUR Landing Fee Management program, which includes the option for online billing support to replace airline self-reporting, and a complete professional services support package.
PASSUR Portal™ provides 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 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, 2006 Form 10-K, and the July 31, 2007 10-Q.
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