STAMFORD, Conn., Feb. 4, 2013 /PRNewswire/ — PASSUR® Aerospace, Inc. (OTC: PSSR), an aviation business intelligence software and solutions company, announced the hiring of Keith D. Wichman as Vice President and General Manager, Global Airline Solutions.
Keith brings deep business, technical, and operational experience to PASSUR. Previously he was Director of Air Traffic Management and Airline Efficiency Services at General Electric Aviation and Chief Engineer of GE's Flight Management Systems product line. He served at GE Aviation for 14 years as a technical expert and business leader for avionics, airline operations, and Air Traffic Management. Prior to joining GE, Mr. Wichman served 13 years as a lead Flight Controls and Handling Qualities researcher at NASA-Dryden Flight Research Center in California, and 3 years at Charles Stark Draper Laboratory in Massachusetts. He holds Bachelor's and Master's degrees in Aerospace Engineering from the University of Cincinnati and the University of Michigan respectively. Mr. Wichman is an instrument Rated Commercial Pilot and has held a Flight Instructor Certificate for 10 years.
"Keith is a top notch businessperson – he thoroughly understands the requirements and opportunities of our industry, he knows our company, and he understands the importance of driving customer satisfaction through improving customer operational and financial performance," said Jim Barry, PASSUR Aerospace's President and CEO. "Keith will be leading our sales, marketing, and product innovations to the worldwide airline market – and he's joining an excellent team."
About PASSUR Aerospace
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 PASSUR is the industry standard in business intelligence dashboards and predictive analytics for aviation organizations. PASSUR serves dozens of airlines (including all of the top eight North American airlines), approximately 60 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 provides coast-to-coast coverage and is driven by proprietary, patented, business intelligence software, which is powered by a unique North American network of 155 passive radars, company owned. Supplementary, detailed coverage is also provided at 98 of the top 100 North American airports. Other PASSURs are located in Europe and Asia. Flight tracks are updated between 1 and 4.6 seconds, thereby making available a system which is user-friendly and useful for decision-making. Visit PASSUR Aerospace's Web site at http://www.passur.com for updated news, products, and solutions.
The forward-looking statements in this press 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, 2012 Form 10-K.
| Contact: | James T. Barry |
| (203) 622-4086 | |