Megadata Corporation (MDTA.OB) Reports Strong Increases in Both Sales and Profits.
Megadata Corp owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs). PASSUR creates a single source of hard to access aviation data that is becoming the aviation industry standard for complete independent, accurate and timely information for airlines, airports, corporate aviation as well as to the U.S. Government. In addition, the company has created and implemented collaborative web-based software that allows the company’s customers to instantly share information to improve individual and joint decision-making, creating additional value for those customers. In 2007 more than 25…