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Gander International Airport Contracts for PASSUR Airport Solutions
Greenwich, CT, August 21, 2007 — Megadata Corporation (OTC: MDTA.OB) announced today that Gander International Airport Authority has purchased PASSUR airport operations software, PASSUR Portal™ and PASSUR inSight™.
“At Gander International Airport, we've been doing business with the world for nearly 70 years, carving out a reputation for efficiency, convenience and service, and we’re very pleased that the PASSUR suite of products will improve the service to each of our customers”, said Reg Wright, Director of Marketing of the Gander International Airport Authority. “Accuracy and reliability are absolutely critical to our operation, which is another reason why PASSUR was a natural choice for Gander.”
“Working with Gander International Airport, given its strategic location and mission, and its legendary place in aviation history, is an honor for our team and we’re looking forward to exceeding their expectations for reliable, accurate aviation information.” said Jim Barry, Megadata’s President & CEO. “Gander is another of our new international customers, joining over 50 airports using PASSUR airport solutions.”
PASSUR Portal reinvents the way the aviation industry accesses timely, accurate and complete information for tasks such as gate and connections management, airfield optimization, and landing fee management. It provides a web dashboard onto the one-of-a-kind PASSUR database of live flight information affordably and simply, and is also the access point for all other PASSUR web services.
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 PASSUR, a national and international 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 now provides services to over 45 airports, including 8 of the top 10, to dozens of airlines, including 7 of the top 10, and to a wide audience of FBO’s as well as corporate flight departments, including some of the largest in the world. 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, 2006 Form 10-K, and the April 30, 2007 10-Q.
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