NORTHSTAR
ELECTRONICS, INC.’S (NEIK) CEO DR.
WILSON RUSSELL PARTICIPATED IN THE 2017 CANSEC DEFENSE AND SECURITY INDUSTRIES
TRADE SHOW
Virginia Beach, VA- June 13, 2017- Northstar Electronic, Inc’s (OTCQB:NEIK)
CEO, Dr. Wilson Russell, recently participated in the 2017 CANSEC Defense and Security international trade show in Oiiawa,
Canada.
Throughout the show, the international aerospace
company whose subsidiary has been dealing with Northstar’s subsidiary,
Northstar Sealand Enterprises Ltd (NSEL), had a strong presence.
NSEL’s
objective is to acquire the exclusive worldwide
rights to an enhanced version of a single engine Turbo-Prop industrial airplane
from the subsidiary of the international aerospace company.
Dr. Russell had meetings with senior people from the
international aerospace company including the Vice President of Sales, the Vice
President of Marketing, the Manager of Industrial Cooperation, and the Head of
Military Aircraft in Canada along with other responsibilities in North America.
Primarily, meetings focused on the actions remaining to move forward to an agreement with the
international aerospace parent company’s subsidiary.
Dr. Russell, CEO, states, “the meetings went well, and based on the information gathered
from these meetings and correspondence with the subsidiary, it appears that
they could be ready in the next few weeks to move forward to the next steps
required to closing a formal agreement.”
About Northstar Electronics, Inc.
Northstar Electronics, Inc.
(OTCQB.NEIK) established in the late 1990’s carried out design and
manufacturing contracts for various divisions of Lockheed Martin Corporation
including LM MS2 (Submarine Command and Control Consoles), LM Canada (Naval
Anti-Terrorism System), LM Aeronautics (Parts for P-3 Orion Airplane), and L-3
( Navy Frigate Command and Control Consoles). Northstar also designed, manufactured, and sold
its sonar-based system to commercial customers. Since termination of the above contracts, Northstar has been seeking other
strategic relationships,www.northstarelectronics.com
Safe Harbor
Statement:
This press release may include predictions,
estimates, opinions or statements that might be considered
"forward-looking" under the provisions of the Private Securities
Litigation Reform Act of 1995. Such statements generally can be identified by
phrases such as the Company or its management "believes,"
"expects," "anticipates," "foresees,"
"forecasts," "estimates," or other, similar words or
phrases.
For further information about this news release contact:
Rich Kaiser,
Investor Relations
Yes International
757-306-6090
yes@yesinternational.com
For Corporate Communications contact:
Eddie Cruz
Cruz Capital Advisors
800-972-1656
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