CCITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--July 6, 2005--Global ePoint, Inc. (Nasdaq: GEPT - News) a leading manufacturer of security technologies for the aviation, law enforcement, industrial and commercial markets, today announced a new enhanced version of the AirWorks “Electronic Flight Bag” system. The system was introduced at the 22nd Annual International Aircraft Cabin Safety Symposium in Brussels, Belgium recently. AirWorks is a division of Global ePoint.
The new Electronic Flight Bag Class III system represents the latest offering in state-of-the-art digital electronics - with full digital video recording and Cockpit Door Surveillance System (CDSS) integrated into a dual redundant server. This new product meets all regulations of the requirements in Cockpit Door Surveillance Systems and provides airlines with a key Risk Management Tool to combat in-flight “air rage” and damage to the cargo loading and unloading area during transit.
The Electronic Flight Bag Class III helps airlines off-set the high cost of fuel with bonus fuel savings achieved by eliminating heavy manuals and numerous paper requirements. The utilization of the Electronic Flight Bag Class III on a Boeing 777 Trans-Atlantic operation ETOPS flight saves an estimated 308,000 pounds in fuel burn annually. AirWorks has also incorporated the ARINC 429 digital bus of the aircraft within the units as well, providing the ability to determine taxi position which additionally serves as a mode for fuel savings.
While meeting all regulatory requirements of Cockpit Door Surveillance Systems, this new combination of full navigation, charts, digitaltized manuals, weight and balance and performance data in a common digital server as well, provides still more immediate and additional savings in operational and labor costs for airlines.
The Joint Aviation Authorities (JAA) have now also adopted JAR OPS requirement 1.125, - which states, “either pilot must have the ability to observe any person requiring entry into the cockpit and monitor for suspicious Behavior.” As a result, the European market, including Eastern Europe and surrounding countries, will now be required to have a surveillance system to monitor activity.
“AirWorks has positioned itself clearly as the dominant leader in certification of each and every model type of Boeing, Airbus, Bombardier, and other manufacturer's models of aircraft affected,” said AirWorks President, Ricky Frick. “As the JAA along with the FAA are the world ’s two largest regulatory agencies throughout the commercial arena in aviation, it is now only a matter of time before all commercial airlines are required to provide a method of surveillance and monitoring of the cabin area of the aircraft. Our CDSS provides a unique solution to the emerging regulations.”
One example of a leading airline adopting the Company's system was Lufthansa Technik, which entered into a sales and marketing agreement with Global ePoint for navigational and performance software.
“During the recent Cabin and Cockpit Safety Symposium in Brussels we not only had the opportunity to discuss our Cockpit Door Surveillance System with many of the airlines of world, but also to unveil our latest product, ”Frick added. “The new fully integrated Electronic Flight Bag incorporates surveillance, risk management, cockpit enhancement and fuel savings methods in one solution.”
Mr. Frick was a featured speaker at the Paris Air Show, addressing the General Assembly with a presentation on “In-flight Surveillance Systems: New Technologies and Their Impact on Cabin Safety & Security.” He also hosted two in-depth workshops demonstrating the company’s revolutionary CDSS, its development, growth and future as it pertains to aircraft cabin surveillance and risk management.
The presentation will be repeated at the upcoming Flight Safety Conference in London scheduled for November 2005. Those not able to attend either of the Brussels or London Conferences can also see Mr. Frick's entire live presentation by visiting the Company's Web site www.globalepoint.com
About Global ePoint’s Aviation Division
The Company’s Aviation division contains Global AirWorks, whose primary communications and security products include the Cockpit Door Surveillance System (CDSS), a digital electronic “flight bag” of all flight and on-board manuals and records for pilots and a Laptop Computer Power System for passengers and flight crews. AirWorks customers include airline major OEM’s, such as AT&T; Aviation, BAE Systems, In-flight Phone, L3 Communications, and Rockwell Collins; all major U.S. airlines; and all major international carriers, including ATA, Air China, Bombardier, Finnair, Varig, KLM, Lufthansa, and Cathay Pacific. AirWorks holds more than 40 supplemental type certificates (STC) certifying AirWorks as a Federal Aviation Administration (FAA)-approved manufacturer and installer for a range of interior equipment and systems for a variety of commercial aircraft flying worldwide.
About GlobalePoint, Inc.
Global ePoint, through its wholly-owned subsidiaries, is the designer, manufacturer and distribution of digital video surveillance systems for the law enforcement, military, aviation and homeland security markets. On the cutting edge of digital technology and seeking to expand its product line, Global ePoint is developing new compression technologies and next-generation, secure network digital video systems and servers for a wide range of new markets, concentrating primarily on security and homeland defense applications. As a solid recurring revenue stream, the Company also manufactures customized computing systems for industrial, business and consumer markets, as well as other specialized electronic products and systems. Complete vertical integration -- from design and manufacturing to sales and distribution -- allows the Company to capture efficiencies and maintain cost advantages in these growing markets, particularly homeland security. Global ePoint recently entered into an agreement to acquire privately-held Astrophysics, Inc. For more information, please visit www.globalepoint.com
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the company's current expectations, estimates and projections, management's beliefs and numerous assumptions, all of which are subject to change. These forward-looking statements are not guarantees of future results and are subject to numerous risks and uncertainties. Our actual results could differ materially and adversely from those expressed in any forward-looking statement. For example, deliveries may be delayed or installations canceled. Regulations may change and negatively affect demand for our products. There can be no assurance that the company's AirWorks division will be able to achieve growth of sales or market share. The forward-looking statements in this release speak only as of the date of this release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason. These and other risk factors are detailed in our periodic filings with the Securities and Exchange Commission.