CTTJ NEWS!!! 6/21/07 SATSair Enters an Agreement with Coastal Technologies Group to Evaluate the Firm's Aviation Optimization Platform Technology
11:03p ET June 21, 2007 (Business Wire)
Coastal Technologies Group, Inc. (CTGi), a leader in accrual and route optimization for the telecommunications industry, today announced the general availability of an industry-leading ASP based Aviation Optimization Platform. SATSair joins a growing list of domestic and international Parts 91, 121 and 135 operators that will be testing and evaluating CTGi's platform for their information technology needs. The evaluation period will continue until the end of August 2007. At that time, SATSair will then consider a formal agreement with CTGi.
"Charter and Air Taxi operators are under increasing pressure to dynamically optimize flight assignments, minimize non revenue flight miles, and manage margins against a backdrop of ever increasing fuel and regulatory costs," said Richard Kane, CEO for Coastal Technologies Group and a world record holding commercial pilot. "Until now, carriers did not have an ability to dynamically route in a matter of seconds and minutes, as opposed to hours or days."
"The concept of event-based processing of individual flight requests in the optimization model has gotten more traction in recent months, giving providers the ability to quote and re-route in real time, enhancing visibility into their traffic patterns, and ultimately optimizing costs and revenues."
Phil Quist, Vice President of Business Operations of SATSair stated, "We are excited about this software and the opportunity to evaluate its practical use for our air cab model. This platform could assist greatly with SATSair's growth and expansion."
As part of this announcement, Coastal Technologies Group is also announcing its booking portal, leveraging patents on the booking of air travel by street address and the dynamic assignment of ground transport to minimize airplane movements in high density airport areas.
Aviation Dashboard, an easy-to-use monitoring tool, provides a near real-time window and can now show aviation results in different formats and levels of detail for various audiences within a carrier, such as dispatchers, maintenance, management and executives.
About SATSair: SATSair is the first company to offer the innovative "Air Taxi" service based on extensive research and strategic relationships with agencies such as NASA and the FAA. Using new Cirrus SR22 aircraft, SATSair's mission is to provide safe, convenient, economical air travel and topnotch customer service. SATSair's service area includes much of the eastern United States, and the company plans continued expansion. For more information on SATSair, visit www.satsair.com.
About Coastal Technologies: Coastal Technologies Group, Inc. (CTGi) provides Operations Support solutions for the telecommunications industry. One of the world's largest ASPs, CTGi processes billions of transactions per month through an optimization and cost accrual model run on a continual basis since January 2004, under our industry's toughest service level agreement, allowing zero application downtime. For more information about Coastal Technologies Group, please visit: www.ctgi.biz.
SOURCE: Coastal Technologies Group, Inc.
Coastal Technologies Group, Inc., Boca Raton Bill Lannan, VP of Professional Services, 800-448-2835 blannan@ctgi.com or SATSair Wendi Hill, Public Relations, 800-639-6192 wendi.hill@satsair.com
