PASSUR Selected by RTCA to Create Aviation Industry Performance Tracking and Analysis Dashboard

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Jan 05, 2016, 08:30 ET

STAMFORD, Conn., Jan. 5, 2016 /PRNewswire/ -- PASSUR Aerospace, Inc. (OTC: PSSR), an aviation business intelligence, big data, and software solutions company announced that RTCA has selected PASSUR Aerospace to create the first industry dashboard for reporting on and analyzing air transportation system performance improvements attributable to the deployment of key NextGen capabilities. The dashboard capability will support the FAA-Industry Joint Analysis Team of the NextGen Advisory Committee (NAC).

The NAC is a 32-member Federal advisory committee established in 2010 to provide advice on policy-level issues facing the aviation community in implementing NextGen (modernizing the aviation system), and includes a cross section of executives from the airlines, airports, general aviation, pilots, air traffic controllers, the Department of Defense, environmental interests, international interests and providers of air traffic control technology.

The NAC is working in close collaboration with the FAA to measure the benefits of the top four priority NextGen capabilities. The goal of the performance tracking and analysis dashboard is for RTCA to be a venue to establish a transparent mechanism to collect data, develop the reports in a dashboard, provide the ability to analyze the results, to determine the success of the recent NAS improvements and in cases where the benefits are not as expected, to discover and mitigate the underlying issues. The goal is for the FAA and industry to arrive at a common statement of performance.

PASSUR's capabilities used in the development of this dashboard include:

A unique database of flight, airspace, and airport performance data, largely powered by an independent surveillance network;
A widely-deployed aviation intelligence solutions platform used by hundreds of industry stakeholders to measure and optimize NAS operations;
Proven ability to manage, integrate, and derive meaningful information from multiple data sources;
Over 10 years of experience in dashboards and data visualization;
Expertise in airline and airport performance as well as in the NAS and NextGen. PASSUR's team includes leading experts from FAA air traffic control, traffic management, and system operations, plus those from airline and airport traffic management, dispatch, operational performance, finance, and environmental management.

"The RTCA members of the NAC are encouraged about the substantial level of collaboration between the FAA and industry and look forward to working with the talented PASSUR team to take that collaboration to the next level," said Margaret Jenny, President of RTCA.

"PASSUR appreciates the opportunity to work with the NAC and RTCA to contribute to the program's goal of making airspace performance, and ultimately the passenger travel experience, even better," said Jim Barry, President & CEO of PASSUR Aerospace. "PASSUR has years of experience as a trusted partner and platform for the industry. We thank the NAC and RTCA for putting their trust in PASSUR."

About RTCA
Chartered by the FAA to operate Federal advisory committees, RTCA employs a consensus-driven process to generate minimum performance standards for CNS/ATM systems and equipment; to forge recommendations on key aviation policies, and identifying and developing mitigation on issues affecting air traffic management operations. RTCA performance standards form the basis for FAA regulatory requirements; its policy advice informs the FAA's prioritization and investment decisions; and its tactical advice helps resolve real-world impediments to air transportation today.

About PASSUR^® Aerospace
PASSUR^® Aerospace is an aviation business intelligence and big data company that provides predictive analytics built on proprietary algorithms and the concurrent integration and simultaneous mining of multiple databases. PASSUR^® Aerospace considers itself to be the industry standard in business intelligence dashboards and predictive analytics for aviation organizations. PASSUR^® Aerospace serves more than 125 worldwide airlines (including all of the top North American airlines), more than 60 airport customers (including 22 of the top 30 North American airports), and approximately 200 corporate aviation customers, as well as the US government. PASSUR^® Aerospace's system provides coast-to-coast coverage and is driven by proprietary, patented, business intelligence software, which is powered by a unique company-owned North American network of over 180 passive radar systems, with other PASSUR^® Aerospace systems located worldwide. Supplementary, detailed coverage is also provided at 98 of the top 100 North American airports. Flight tracks are rapidly updated between 1 and 4.6 seconds, thereby making available a system that is user-friendly and useful for decision-making. Visit PASSUR^® Aerospace's new website at www.passur.com for updated products, solutions, and news.

The forward-looking statements in this press release, including statements 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 risks and uncertainties related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of PASSUR Aerospace's owned PASSURs located at major airports, PASSUR Aerospace's maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect PASSUR Aerospace's results are contained in PASSUR Aerospace's SEC filings, including the October 31, 2014 Form 10-K and July 31, 2015 Form 10-Q. PASSUR Aerospace undertakes no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available, or other events occur in the future.