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Swift Aviation, a Premier Fixed Based Operator, Contracts For PASSUR® Web-Based Flight Information Tools
Greenwich, CT, December 14, 2005 -- Megadata Corporation (OTC: MDTA) announced today that Swift Aviation has contracted for PASSUR web-based flight information tools, including PASSUR Portal™, PASSUR Pulse™ and PASSUR inSight™.
"The minute a Swift customer walks in our building or speaks to one of our service agents, they know we stand for quality; PASSUR and it’s unique system not only helps to generate revenue for our FBO, it helps to ensure our professionals can immediately respond to our customer’s exacting standards,” said Steve Silvestro, Swift’s Director of FBO Services.
"Swift is an FBO pioneer and their reputation for quality, we feel, makes them a prime candidate for our services; we look forward to exceeding Swift’s demands for excellence,” said Jim Barry, Megadata’s president and CEO. "It’s always refreshing when you meet an FBO management team that is committed to implementing the best products to increase operational efficiencies while growing the business in a very competitive marketplace,” said Tom O’Halloran, Megadata’s Director of Corporate Aviation. "Swift has set the conditions for success, and PASSUR will give the entire team – from line service and customer service, to upper management and charter operations – the tools they need to win in the marketplace."
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-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 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, 2004 Form 10-K and July 31, 2005 Form 10-Q.
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