MIDDLETOWN, RI – November 26, 2001 – KVH Industries (Nasdaq: KVHI) regrets to announce the passing of Mr. Gerald (Gerry) C. Ormseth, who died unexpectedly on Friday, October 12, 2001. Mr. Ormseth, a member of the KVH marine sales department, was attending the Annapolis Boat Show when he fell ill and passed away a short time later. He was the husband of the late Elizabeth S. Ormseth.
“Gerry’s death is a tremendous loss for everyone who knew him,” reflected Martin Kits van Heyningen, president and chief executive officer of KVH Industries. “He was one of the most well-known and well-liked people in the marine industry. I knew Gerry for 20 years and considered him a friend and an advisor as well as a dedicated co-worker. We were extremely fortunate that Gerry chose to spend the remainder of his career at KVH. Gerry was the consummate professional. We learned a lot from him, and he will be sorely missed.”
Born in 1933 in Canby, Minnesota, Mr. Ormseth moved to Cape Cod in 1971, and thereafter divided his time between the Cape and Rhode Island. He made a significant contribution to several top firms and was involved in pioneering the modern marine electronics industry starting with firms like Atlantic Sailing Yachts, Datamarine Industries, and B&G Electronics, before joining KVH Industries in 1997.
Donations on Mr. Ormseth’s behalf may be made to one of his favorite charities, an orphanage in San Miguel de Allende, Mexico. Donations should be made payable to SMEF-Mexiquitos, c/o Dr. Bert Adams, San Miguel Education Foundation, PO Box PMB-43K, Laredo, TX 78040.
KVH Industries, Inc., is a leading provider of innovative high-bandwidth communications products. Using proprietary fiber optic and satellite antenna technology, the company is developing next-generation systems with greater precision, durability, and versatility for communications, navigation, and industrial applications. An ISO 9001-registered company, KVH has headquarters in Middletown, Rhode Island, with a fiber optic manufacturing facility in Illinois, and a European sales, marketing and support office in Hoersholm, Denmark.