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Navtech, Inc., develops, markets and supports flight management systems for the commercial aviation industry. The Company's systems are designed to assist commercial passenger and cargo air carriers in the dynamic environment of their daily flight operations. It focuses on air carriers that operate modern aircraft with fleet sizes greater than five aircraft. The primary geographical markets are North America, Europe and the Asia Pacific. Navtech products include Flight plan services (real-time decision support), Aircraft performance system (engineered subscription service), Outsourced services (dispatch and crew management services), Crew management systems (a bidding system), and Ancillary products and services (customer support). The Company has a customer-base of 120 airlines worldwide. During the fiscal year ended October 31, 2004 (fiscal 2004), the Company had 36 airlines, based in Europe, Africa and the Middle East using its products and services.
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