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Megadata Announces Orlando International Airport has Contracted for Multiple PASSUR® Products
Greenwich, CT, January 5, 2006 — Megadata Corporation (OTC: MDTA) announced today that Orlando International Airport (MCO) has purchased multiple PASSUR products, to include; PASSUR Portal™; and PASSUR Pulse™ and PASSUR inSight™.
“As Florida’s busiest airport it is vital that we provide efficient services in flight tracking, noise abatement and monitoring of airline operations for billing purposes. This maintains a desired high level of capacity, customer and community service,” said Parker McClellan, Senior Director of Airport Operations.
“Orlando International Airport demands good information and quality performance,” said Jim Barry, Megadata’s president and CEO. “As we’ve interacted with Orlando, they have asked us to investigate opportunities that have resulted in new information products and analytics for all of our customers. We’re looking forward to a rewarding relationship as we collectively better serve the customers of Orlando International Airport.”
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 airports easily distributed access to landing fee and operations reports from the unique PASSUR database of flight information, through a secure web site.
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 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 distribute 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, 2004 Form 10-K and July 31, 2005 Form 10-Q.
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