TORONTO, Nov. 16 /CNW/ - Star Navigation Systems Group Ltd. (TSX-V: SNA) ("Star" or the "Company"), and Astrium Limited ("Astrium") are pleased to announce the signing of a formal Collaboration Agreement. The agreement provides for the development of a mechanism which will allow them to work co-operatively together to develop new business opportunities in the field of aircraft critical data collection and transmission systems and service, allowing Star to sell certain of their products through Astrium. An immediate result of this collaboration will be a joint presentation by Astrium and Star at the BEA Flight Data Recovery Working Group in Montreal this week.

Some seemed confused by this news release, why I don't know. Very simply a collaboration agreement puts in place what Star will do and what Astrium will do. Will more come down the pieline this week in Montreal. I believe so because that is what it says.

Astrium is at the top of the food chain so to speak. Star is at the bottom. The only way that Astrium would be interested in Star is if Star had something of importance to contribute.