SNA

Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) ("Star" or the "Company")
is pleased to announce that, subject to TSX-Venture Exchange ("TSX-V")
acceptance, Star has completed a non-brokered private placement of 27,959,933
units of the Company at a price per Unit of $0.06 (the "Units"), for gross
proceeds totaling $1,677,596.00. The price was reserved with the TSX-V. 


Each Unit consists of one common share and one common share purchase warrant (a
"Warrant"). Each Warrant entitles the holder to purchase one common share of the
Company (a "Warrant Share") at a price of $0.15 per Warrant Share for a term of
24 months from the closing date. Finder's fees on the placement in the amount of
$167,759.00 will be paid in Units. 


All securities issued in the Offering and any shares issued upon exercise of
Warrants are subject to a four month statutory hold period from the date of
issuance. The net proceeds of the placement will be used for research and
development, marketing and general working capital purposes. 


About Star Navigation: 

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its
proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the
heart of the STAR-A.D.S. (TM) System. It is the first system in the world to
feature in-flight data-analysis, monitoring and diagnostics with a real-time
connection between aircraft and ground. Its real-time capability of tracking
performance trends and predicting incident-occurrence enhances aviation safety
and improves fleet management while reducing costs for the operator.


Certain statements contained in this News Release constitute forward-looking
statements. When used in this document, the words "may", "would", "could",
"will" and similar expressions, as they relate to Star or its management are
intended to identify forward-looking statements. Such statements reflect Star's
current views with respect to future events and are subject to certain risks,
uncertainties and assumptions. Many factors could cause Star's actual
performance or achievements to vary from those described herein. Should one or
more of these factors or uncertainties materialize, or should assumptions
underlying forward-looking statements prove incorrect, actual results may vary
materially from those described herein as intended, planned, anticipated,
believed, estimated or expected. Star does not assume any obligation to update
these forward-looking statements, except as required by law.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of the content of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Star Navigation Systems Group Ltd.
Viraf Kapadia
CEO
(416) 252-2889 Ext. 230
viraf.kapadia@star-navigation.com
www.star-navigation.com


Investor Relations:
Frontier Merchant Capital Group
info@frontiermcg.com


Public Relations & Media interviews:
Nelson Hudes
Hudes Communications International
(905) 660-9155
nelson@hudescommunications.com

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