GREENWICH, Conn.,
Jan. 7 /PRNewswire-FirstCall/ -- PASSUR Aerospace, Inc. (OTC Bulletin Board: PSSR) announced today that Odyssey Aviation, a new independent network of FBOs, has contracted for the PASSUR FBO software suite to improve fuel pricing, fuel sales, and customer service.
"As we launch our new network with our established individual locations, we felt that PASSUR was an ideal partner to reinforce our own philosophy of being a 'Flight Service Partner' rather than simply an 'FBO' -- helping to strengthen the loyalty we've built with our customers," said Ken Allison, President of Odyssey Aviation. "We've been watching PASSUR's growth in the FBO's market over the last few years, and we felt it was perfect timing to take advantage of how PASSUR can grow our business, in terms of overall sale and profitability, as well as helping us to reach even higher levels of customer care."
"I'm confident that the new Odyssey Aviation will benefit from PASSUR's ability to provide consistent, accurate information throughout their network, contributing to a uniformly high level of service," said Jim Barry, president and CEO of PASSUR Aerospace. "Additionally, our proven business analytics have a real impact on top-line growth, with FBOs stating that PASSUR FBO helped grow their business by 20%, year over year. We're thrilled to be partnering in this new venture and wish Odyssey well."
PASSUR FBO provides real-time flight, customer, and airspace status for customer service, line operations, and marketing through visual flight tracking and web dashboards. The program includes detailed marketing reports and analytics for FBO managers and marketing staff. It is based on the PASSUR proprietary database powered by the PASSUR radar network deployed throughout the U.S. and abroad.
About PASSUR Aerospace, Inc.
PASSUR Aerospace is changing how aviation and aerospace information is collected, analyzed, and delivered. 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 85 airports world-wide, including 34 of the top 35 US. airports -- from which it provides PASSUR information, analytics, and decision support tools to improve the financial condition and operational efficiency of organizations. PASSUR Aerospace offers unique user-friendly information, as well as decision support 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 180 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 news.
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, 2007 Form 10K, and the July 31, 2008 10Q.
Contact:
Ron Dunsky
(203) 622-4086
rondunsky@passur.com
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