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Article: Pelorus Navigation Systems Triples Installed...
- Article from:
- AAP General News (Australia)
- Article date:
- March 31, 2000
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AAP General News (Australia)
03-31-2000
Pelorus Navigation Systems Triples Installed...
Pelorus Navigation Systems Triples Installed Product Base
with Acquisition
CALGARY, March 31 /CNW-AsiaNet/ - Pelorus Navigation Systems Inc. (CDNX: PN)
announced today that through its wholly owned subsidiary Pelorus AustralAsia
Pty. Limited (ACN 091 922 315) located in Sydney, Australia, it has
completed the purchase of Plessey Asia Pacific (formerly AWA Plessey) aerospace
division assets including ownership of its wholly owned subsidiary, Interscan Pty.
Ltd.
Pelorus is essentially taking over Plessey's navigation systems business
as a going concern. The division has for many years been very ...