| Kent, WA., September 4, 2008 – Naverus, Inc., the leader in performance-based aircraft navigation, announced today that it has been chosen by AlwaysOn as one of the GoingGreen Top 100 Winners. Inclusion in the GoingGreen 100 signifies major developments in the creation of new business opportunities in the green technology industries. Naverus was specially selected by the AlwaysOn editorial team and other industry experts spanning the globe, based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Naverus and the GoingGreen Top 100 Companies will be honored at GoingGreen 2008, scheduled to occur on September 15-17, 2008 at Cavallo Point in Sausalito, CA.
“The GoingGreen Top 100 winners have excelled in key strategic areas in the global clean energy technology markets,” said Tony Perkins, founder and CEO of AlwaysOn. “We congratulate them for their success in introducing new tools, services, and systems that are driving the next phase of greentech innovation and transforming the biggest industries on earth.”
Naverus’ mission is to unlock the value trapped in the airspace system, making it possible for aircraft to reduce emissions by saving fuel on every flight through more efficient flight paths. Naverus is leading the revolution from reliance on the decades-old, inefficient ground-based navigation system to “Performance Based Navigation”, which leverages GPS and the modern electronics installed in today’s jets. PBN enables huge environmental benefits including:
· Reducing green house gas emissions by reducing fuel burn.
· Reducing noise that can plague airport neighbors.
“Today’s airspace system is remarkably inefficient. It has tremendous potential for reduced emissions and fuel savings. Our goal is to help our customers tap into the value that’s trapped there.” said Dan Gerrity, CEO of Naverus. “We are honored to be recognized by AlwaysOn for the steps we’re taking to reduce the environmental impact of aviation around the world.”
Southwest Airlines has partnered with Naverus to implement PBN procedures across its network of airports. By 2015 – for just one minute saved on each flight – Southwest projects the annual emissions reduction will add up to 156,000 metric tons.
About Naverus
Naverus is the worldwide leader in Performance Based Navigation, with hundreds of PBN procedures in active use worldwide. Airlines, air navigation service providers and national regulators seek Naverus PBN flight paths to save fuel, reduce carbon emissions, reduce miles flown, reduce block times, and help air traffic systems to gain new efficiencies. The company's customers include Airbus, Air China, Air New Zealand, Boeing, CAAC, COPA, IATA, jetBlue, Jetstar, SkyEurope, Southwest Airlines, Qantas, Virgin Blue, and WestJet and others. Naverus Inc. is a privately-held Seattle company founded in 2003. http://www.naverus.com
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a community blog network. In 2004, AlwaysOn continued to lead the industry in innovation by engaging its bloggers in a social network. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, OnHollywood, Breakout, OnMedia, GoingGreen, NordicGreen, and Venture Summits East and West) and quarterly print “blogozine”. No other media brand has dared to create such open interaction with its readers and event participants. http://alwayson.goingon.com/permalink/post/23623
##
Contact: Kellee Reinhart, Naverus, Inc. +1(253) 867-3856
|