Colorado Springs Airport Contracts for PASSUR Revenue and Operations Optimization Solutions

STAMFORD, Conn., Feb. 16, 2011 /PRNewswire/ -- PASSUR Aerospace, Inc. (OTC Bulletin Board: PSSR) announced today that Colorado Springs Airport (COS) has contracted for the PASSUR® Landing Fee Management Solution to ensure that the airport captures all its landing fee revenue, that all users are paying only their appropriate share, and that the process is simplified through automation. COS has also contracted for PASSUR flight and airspace visualization tools to optimize operational safety, efficiency, and cost-effectiveness for airlines and the traveling public.

"Date-driven collaborative processes are at the heart of aviation's future," said John McGinley, Assistant Aviation Director - Operations & Maintenance, Colorado Springs Airport. "PASSUR's solutions will help us ensure that we are deriving maximum financial and operational value from our primary assets, for the benefit of our most important users - the airlines and their customers."

"Our industry is increasingly coalescing around business intelligence - the smart use of historical data, predictive analytics, and automation to drive key business metrics, decision support, and performance measurement," said Jim Barry, President and CEO of PASSUR Aerospace. "We have been very successful partnering with dozens of airports to drive significant, quantifiable gains in revenue capture and operational efficiencies."

The PASSUR Landing Fee Management Program

Airports today are expected to capture all revenues from all flights; assure their airline partners that fees are levied fairly, transparently, and efficiently; and explore new avenues of activity-based revenue. The legacy system of airline self-reporting has become a complex, time-consuming, and inefficient process. The PASSUR Landing Fee Management Program and Airport Management Business Intelligence Reports put airports in control of these critical revenue streams by giving them and their airline partners the independent, standardized, and accurate information tools they need to ensure complete revenue capture, quicker revenue recognition and payment, and effective forecasting and analysis. The program also includes the option for a rich aviation operation statistics data feed into Airport Operational Database (AODB) systems.

The PASSUR Airport Operations Program

Airports are being asked to provide more cost-effective, efficient, and safe airfield operations for carriers, to help them achieve greater throughput, quicker turns and fewer ground delays - critical elements of airline profitability in today's challenging environment. Airports also want to consolidate airfield management functions onto a single platform to minimize staff requirements. The PASSUR Airport Operations Program provides airport ramp tower, operations, and communication centers the alerts, decision support, planning and analysis tools they need to run a more efficient and safe operation, and the web platform for cost-effective communication, coordination, and collaboration with all the airport's key constituencies. It includes modules for field condition reporting/eNOTAM integration, live dashboards of key operations metrics, flight and airspace visualization, and "long onboard" ground delay management (Tarmac Delay Monitor™).

About PASSUR Aerospace, Inc.

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 offer the industry standard in business intelligence dashboards and predictive analytics for aviation organizations. PASSUR serves dozens of airlines (including 6 of the top 7 North American airlines), all 5 of the top hub carriers, more than 50 airport customers (including 22 of the top 30 North American airports), and approximately 200 corporate aviation customers, as well as the U.S. Government. PASSUR's system is driven by proprietary, patented, business intelligence software, which is powered by a unique North American network of 154 passive radars, company-owned, covering 98 of the top 100 North American airports. Other PASSURs are located in Europe and Asia. Flight tracks are updated every 4.6 seconds, thereby providing a system which is user-friendly and useful for decision-making. Visit PASSUR Aerospace's web site at http://www.passur.com for updated products, solutions, and PASSUR 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, 2010 Form 10K.

SOURCE PASSUR Aerospace, Inc.