For the nine months ending
"Our strong sales results for 2008 demonstrate the importance our
customers place on having timely, accurate information and software solutions
to reduce costs -- including fuel costs -- and to grow their top lines," said
"We had another good top-line quarter and we continue to be pleased with
the infrastructure investments which represent building blocks for future
growth," said
About PASSUR Aerospace
PASSUR Aerospace owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs) located at more than 90 airports worldwide, including 34 of the top 35 U.S. airports -- from which it provides PASSUR information, analytics, and decision support tools to improve the financial condition and operational efficiency of aviation organizations. PASSUR Aerospace offers unique user friendly information as well as decision algorithms which provide innovative commercial air traffic solutions to more than 50 airports, including 8 of the top 10 U.S. airports; to dozens of airlines, including 7 of the top 10 U.S. airlines; and to more than 190 corporate aviation customers, as well as to the U.S. Government. In addition, the company has created and implemented collaborative web-based software that allows the company's customers to instantly share information to improve individual and joint decision-making, creating additional value for those customers.
Visit PASSUR Aerospace's web site at http://www.passur.com for updated products, solutions and PASSUR news.
The forward-looking statements in this shareholder letter 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
Contact: James T. Barry President & CEO (203) 622-4086 jimbarry@passur.com
SOURCE PASSUR Aerospace, Inc.