Business Services Industry
Interactive Flight Technologies Up, Up & Away!! In-Flight Entertainment System nets FAA STC certification based on Alitalia test flight
Business Wire, August 2, 1995
NEW YORK--(BUSINESS WIRE)--August 2, 1995--Interactive Flight Technologies'((NASDAQ: FLYTU) IFT) In-Flight Entertainment Network received FAA STC certification today.
Following extensive laboratory and ground testing, the system was tested on an Alitalia aircraft outfitted with the state of the art entertainment system during a one and a half hour test flight from Fiumicino to Sardinia, after which certification was granted by the FAA.
IFT's system features video-on-demand from a selection of more than 30 digitized feature films and other programming. One of the most widely heralded aspects of the system is its coupling of state of the art video gaming technology and computer networking to create a first of its kind, secure casino-style gaming system.
Earlier this year, the Department of Transportation's (DOT) interpretation of recent legislation regarding casino style gambling on foreign carriers, coupled with today's FAA STC certification, paves the way for IFT to aggressively market and sell its system to carriers around the world.
"We are very pleased with the results and we expected nothing less," commented IFT's vice president of Business Development, Steve Fieldman. "With FAA STC certification, IFT is poised to close a number of deals with major carriers that have been on hold, pending this development."
IFT was organized in February, 1994 and has spent the last 18 months developing the In-Flight Entertainment Network.
CONTACT: IFT
Steve Fieldman, 212/245-1400
or
Ruder-Finn
Michael Feldman, 212/715-1617
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