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JetBlue Airways Purchases PASSUR Upgrade to Lower Operating Costs and Improve Operations; Continuous Focus on Botton Line and More Checked Bags on Aircraft make Accurate Arrival Information Critical
Greenwich, CT, October 27, 2006 — Megadata Corporation (OTC: MDTA.OB) announced today that JetBlue Airways has purchased a subscription to the PASSUR® ETA (Estimated Time of Arrival) feed (RightETA™) for their largest station, JFK International Airport.
“Continuous focus on the bottom line and more checked bags on board the aircraft makes accurate information imperative to a sophisticated operation – the PASSUR ETA is the most exact ETA available and I’m very pleased that our customers and operations group can benefit from this seamless integration into all of our systems,” said Michael Welch, Director of Operations, JFK. “We have a great relationship with the folks at Megadata and we’re pleased they continue to meet our demands.”
“JetBlue came to us a month ago with a specific challenge – to continue to improve the efficiency at JFK airport through more accurate arrival information – and have the information distributed throughout all of their systems – we’re very pleased we can meet their needs,” said Jim Barry, Megadata’s President & CEO.
RightETA™ is one of a suite of information and software subscription products provided to airlines, and has been demonstrated to be the most accurate ETA available in the market, powering airline systems such as gate management, scheduling, passenger flight information, and baggage management. The PASSUR ETA is derived from algorithms which are fed by multiple data sources in real time, including flight position information from the network of PASSUR radar systems installed throughout the country. It is calculated by tracking multiple real-time metrics of the target flight as well as other nearby aircraft in the surrounding airspace, along with current and historic airspace conditions, resulting in an unmatched predictive capability. There is no equivalent product on the market today. Specifically, JetBlue will be implementing the more accurate ETA’s to:
1. Improve baggage handling and dependability, particularly as more bags are now being checked onboard the aircraft;
2. Improve aircraft “met at the gate” numbers, so that airplanes are not waiting for staffing at gates to complete their flights;
3. Provide the most accurate ETA to customers on the JetBlue web site and at the airport Flight Information Display Screens
About JetBlue
In the six years since its launch, JetBlue Airways has focused on creating a new airline category -- an airline that offers value, service and style. Based out of New York City, the low-cost carrier currently serves 40 destinations with more than 440 flights daily. Onboard JetBlue, customers enjoy roomy leather seats and 36 channels of free DIRECTV(r) programming, the most live TV available on any airline. (DIRECTV(r) service is not available on flights outside the continental United States; however, where applicable FOX InFlight is offered complimentary on these routes. FOX InFlight is a trademark of Twentieth Century Fox Film Corporation. JetBlue's in-flight entertainment is powered by LiveTV, a wholly owned subsidiary of JetBlue.) On flights longer than two hours, a selection of first-run movies and bonus features from FOX InFlight(tm) is also available. JetBlue offers customers generous brand name snacks and beverages, including freshly brewed Dunkin' Donuts coffee, and delicious wines selected by the airline's Low Fare Sommelier, Josh Wesson from Best Cellars. On overnight flights from the West, the airline now offers Shut-Eye Service, with a
Shut-Eye Kit(tm) designed exclusively for JetBlue by Bliss Spa and other special amenities including a "good morning" hot towel service. With JetBlue, all seats are assigned, all travel is ticketless, all fares are one-way, and an overnight stay is never required. For information or reservations call 1-800-JETBLUE (1-800-538-2583) or visit www.jetblue.com.
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, 2005 Form 10-K and July 31, 2006 Form 10-Q.
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