4 October 2004

New versions of navigation databases are released every 28 days as part of the aviation industry's standard AIRAC cycle. Each release contains numerous changes to the navigation database with a wide range of impact on flight operations. The Naverus change monitoring services help a flight operations group identify, evaluate, and prioritize resolution of those changes.

Smiths has suspended development of an earlier tool, known as NDBIT. Naverus will develop and market tools and services that extend NDBIT concepts and support the Smiths Flight Management System. Naverus is currently testing its tool for the FMS used on the Boeing 737-300 through 737-900 with customers WestJet, Qantas and Continental Airlines. The company will announce pricing and additional details, including support for other providers' flight management systems, by the end of the year.

About Smiths Aerospace - Smiths Aerospace is a leading global provider of innovative solutions to builders and operators of military and civil aircraft and engines, from fighters and transport to large civil, regional and business jets. Smiths is the leading transatlantic aerospace equipment company, with more than 9,000 staff split between Europe and North America. Their business has a unique range of specializations to create affordable, integrated systems, drawing on expertise in electronic and mechanical systems, engine components and Systems Customer Services.

About Naverus Naverus - a Seattle company founded by the industry's top experts in the design and deployment of RNP RNAV procedures, provides high-performance navigation solutions to airlines and jet operators worldwide. Naverus solutions respond to the specific challenges of airlines' operations, unlocking the value from their investment in high-performance navigation systems. Founded in 2003, the company is privately-held and based in Renton, WA.