To: Kevin Hamlin who wrote (346 ) 8/23/1999 2:38:00 PM From: Rob Davis Read Replies (1) | Respond to of 437
Mercury finalizes licensing agreement with British Airways Mercury Scheduling Systems Inc MRY Shares issued 16,500,000 Aug 20 close $0.98 Mon 23 Aug 99 News Release Mr. Graham Whitmarsh reports The company has signed a formal licensing agreement with British Airways Regional for Mercury's flagship Magellan software system and its Nova and Nova OnLine products. According to Mercury's president and chief executive officer, Graham Whitmarsh, British Airways Regional is the first tier-one airline to license Mercury's full suite of crew management systems, marking a significant milestone for the company. "We are very pleased to add British Airways Regional to our growing number of customer airlines," Mr. Whitmarsh said. "The installation of our products is on schedule and we expect to have Magellan fully operational by the fall of 1999." Mercury's next-generation Magellan product is a real-time decision support system for tracking crew on the day-of-operations. By providing real-time visibility to solve crew scheduling problems, Magellan significantly reduces an airline's overall operating costs and disruptions. Mercury's Nova system is a complete crew planning system that quickly generates crew assignments for the next period's flight operations. The system is currently being used to manage pilots and flight and cabin crew on British Airways Regional fleet out of EuroGatwick. The airline has also licensed Mercury's Nova OnLine system, an Internet-based crew bidding system that permits crew to enter their roster preferences over the Internet. British Airways Regional will operate Mercury's integrated suite of crew management systems at its EuroHub, serving Birmingham, Manchester and Glasgow. Mercury's products will manage flight and cabin crew for the entire British Airways Regional Boeing 737 and new Airbus A319 fleets. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com