PASSUR AEROSPACE INC ("PSSR-0") - Launch of National Airport Information Network in Time - for Sunday's Big Game
PASSUR(r) Aerospace, Inc., a business intelligence software and solutions company, today announced the launch of the National Airport Information Network - a new, single, national site where airlines, airports, the FAA, and other key aviation constituencies can manage disruptions due to weather, congestion, and other irregular operations.
The program builds on proven, deployed, and widely used PASSUR capabilities in diversion management, tarmac delay management, and field condition reporting, consolidating them into a new single national program that: //st -- Proactively pushes alerts about changes in airport status plus other important instant messaging from airport operators, covering all airports in the National Air Space (NAS) -- Tracks actual diversions, both those currently on the ground and en route, anywhere in the system -- Provides a single source to track, alert, and manage tarmac delayed flights - either by airport, system-wide, or both
Components of these solutions and capabilities are used by dozens of airlines and airports, and thousands of aviation professionals every day - now consolidated into a single platform. One of the many airports already using the airport status and messaging capability is Indianapolis International Airport, home airport for Sunday's big game.
"Our ability to manage big events is enhanced by this industry-standard platform," said Mike Medvescek, chief operating officer for the Indianapolis Airport Authority. "We are better positioned to collaborate, coordinate, and communicate with our key constituencies - including airlines, cargo operators, corporate operators, the FAA and others - to ensure more predictable operations."
"The industry has been challenged to develop new technology, business practices, and protocols to prevent or manage disruptions during irregular operations and congestion," said Jim Barry, President and CEO of PASSUR Aerospace. "We're proud to introduce our National Airport Information Network to help address the enormous customer, business, and environmental issues at stake."
About PASSUR Aerospace
PASSUR Aerospace, Inc. is a business intelligence company that provides predictive analytics built on proprietary algorithms and the concurrent integration and simultaneous mining of multiple databases. We believe we provide the industry standard in business intelligence dashboards and predictive analytics for aviation organizations. PASSUR serves dozens of airlines (including six of the top eight North American airlines, and all five of the top hub carriers), approximately 60 airport customers (including 23 of the top 30 North American airports), and approximately 200 corporate aviation customers, as well as the U.S. government, including the Federal Aviation Administration (FAA) and the Transportation Security Administration (TSA). PASSUR's system is driven by proprietary, patented, business intelligence software, which is powered by a unique North American network of 155 passive radars, company owned, and covers 98 of the top 100 North American airports. Other PASSURs are located in Europe and Asia. Flight tracks are updated between 1 and 4.6 seconds, thereby providing a system which is user-friendly and useful for decision-making.
Visit PASSUR Aerospace's Website at http://www.passur.com for updated news, products, and solutions.
The forward-looking statements in this press 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, 2011 Form 10-K. OTCBB closing price for PSSR-0 Date: 2012/01/23 Closing Price: 4.50
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