Innovative Solutions & Support's Flat Panel Display System Receives STC for Use in B757 Aircraft.EXTON, Pa. -- Innovative Solutions & Support, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ISSC ISSC International Ship Security Certificate ISSC Interstate Shellfish Sanitation Conference ISSC International Social Sciences Council ISSC Integrated Systems Solutions Corporation ISSC Information Systems Steering Committee ISSC Information Systems Sub-Committee ) announced today that the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control (FAA) issued a Supplemental Type Certification (STC STC Supplemental Type Certificate (FAA) STC Society for Technical Communication STC Subject to Change STC Surf the Channel (website) STC Sound Transmission Class STC Singapore Turf Club ) for use of its Cockpit/IP[TM] Flat Panel Display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time System on B757 aircraft. "The issuance of this STC offers the operators of approximately 900 B757 aircraft a Flat Panel Display System upgrade at a time when there is unprecedented demand for existing B757s," says Geoffrey S. M. Hedrick, Chairman and Chief Executive Officer of IS&S. "In just the last few years, the value of existing B757 aircraft has more than doubled in price, providing operators with the incentive to retrofit their aircraft with modern technology that can reduce the cost of operation, increase safety, and provide the growth path for future requirements. Our Flat Panel Display upgrade provides all these benefits and more, and it can provide a payback on investment on par with virtually any other improvement the operator can make to their aircraft." The state-of-the-art Cockpit/IP from IS&S is an all-glass cockpit offering AMLCD (Active Matrix LCD) See active matrix. displays for Primary Flight (PFD PFD abbr. personal flotation device ) and Navigation (ND), as well as Multi-Function Display capability. This receipt of an STC for B757 aircraft complements the existing IS&S STC on the B767 aircraft. Available options for the Cockpit/IP Flat Panel Display retrofit from IS&S will be Class 3 electronic flight bag Electronic Flight Bag (EFB) is an electronic information management device that helps flight crews perform flight management tasks more easily and efficiently with less paper. capabilities that consist of electronic navigation charts powered by Jeppesen "[c] Jeppesen Sanderson, Inc. (2007)", and applications such as takeoff, en route, approach, landing, missed approach, and go-around information. Notably, Class 3 e-charts from IS&S will display own-ship position to pilots through a digital representation of the aircraft's exact, real-time position on the runway, or in the air. IS&S e-charts will be installed in the forward view of the pilot on the aircraft's multifunction display and include critical zoom features, making the Class 3 e-charts larger and easier to read, and improving the pilot's ability to operate the aircraft. About Innovative Solutions & Support, Inc. Headquartered in Exton, Pa., Innovative Solutions & Support, Inc.(www.innovative-ss.com) designs, manufactures, and markets flight information computers, electronic displays, and advanced monitoring systems that measure and display critical flight information. This includes data relative to aircraft separation (RVSM RVSM Reduced Vertical Separation Minimums/Minima (aircraft) ), airspeed, and altitude, as well as engine and fuel data measurements. Certain matters contained herein that are not descriptions of historical facts are "forward-looking" (as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. Many of the factors that will determine the Company's future results are beyond the ability of management to control or predict. Readers should not place undue reliance on forward-looking statements, which reflects management's views only as of the date hereof. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. |
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