STAMFORD, Conn., Oct. 19 /PRNewswire-FirstCall/ -- PASSUR Aerospace, Inc. (OTC Bulletin Board: PSSR) announced that Richard L. Haver has joined the PASSUR Aerospace Board of Directors.
Richard Haver will soon retire as Vice President for Intelligence Programs, Northrop Grumman Corporation. Prior to joining Northrop Grumman he was the Assistant Secretary of Defense for Intelligence. He was a Vice President at TRW in 1999-2000, before joining the Bush Administration Transition team and then assuming his Defense post. He joined TRW after a 34-year career in the Federal Government, specializing in Intelligence operations. He began as a Naval Aviator flying reconnaissance missions in the Western Pacific during the Vietnam War, then served as an Anti-Submarine Warfare analyst in Naval Intelligence before becoming the Technical Director of the Naval Ocean Surveillance Information Center and the Operational Intelligence Office. He was appointed the first civilian to serve as the Deputy Director of Naval Intelligence. In 1989 he moved on to the office of the Secretary of Defense, as Special Assistant for Intelligence, before shifting to the staff of the Director of Central Intelligence as Deputy for Community Affairs. He served as the Damage Assessor in numerous espionage cases, and prior to retirement from the government served as the Chief of Staff of the National Intelligence Council and National Intelligence Officer for Information Operations. Mr. Haver served for many years on the Fairfax County, Virginia, Board of Real Estate Equalization and a variety of positions in other community organizations and female athletic activities.
"PASSUR is the same kind of innovative information systems organization I have been associated with during my career in the intelligence field. They see a need, take a unique approach to addressing it, then produce results that profoundly change the game," said Rich Haver. "PASSUR's team of employees and directors, their extraordinary relationship with their customers, and their 'one step ahead of the problem' approach has and will continue to produce substantial investment opportunities. I am excited to be involved with the company, its growing array of markets, and the opportunity to bring a new generation of technologies to further expand PASSUR's value and contribution to the profitability of our customers."
"We are honored to have Rich Haver join our Board of Directors. He is an internationally known leader in information systems, brings a unique perspective from the intelligence community to our product development, and creates new avenues for business growth," said Beck Gilbert, PASSUR's Chairman of the Board.
"As we focus our development in the direction of integrated surveillance networks and databases, predictive analytics and business intelligence, Rich Haver's deep experience in analyzing, synthesizing and applying complex information will be invaluable," said Jim Barry, PASSUR President and CEO. "This experience is especially relevant to our recent development of markets in government airspace security, and to our ongoing work in the area of FAA NextGen opportunities."
About PASSUR Aerospace, Inc.
PASSUR Aerospace, Inc. is a business intelligence company which provides its customers predictive analytics built on proprietary algorithms and on the concurrent integration and simultaneous mining of multiple databases. We believe we provide the industry standard in business intelligence dashboards and predictive analytics for aviation organizations. PASSUR serves most major airlines (including 6 of the top 7 North American airlines, as well as the top five hub airlines), over 50 airport customers (including 10 of the top 15 North American airports), more than 200 corporate aviation customers, and the US Government. PASSUR's system is driven by its proprietary, patented, business intelligence software which is powered by a unique North American network of more than 140 passive radars, company owned, including one located at each of the top 35 U.S. 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 website 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, 2009 Form 10K, and the July 31, 2010 10Q.
Visit PASSUR Aerospace's website at http://www.passur.com for updated products, solutions, and news.
SOURCE PASSUR Aerospace, Inc.