KVH and Polaris Electronics Team Up to Sell and Support TracVision, Tracphone, and TracNet Marine Satellite Products In Norway
Kokkedal, Denmark – June 20, 2005 – KVH Industries, Inc., (Nasdaq: KVHI) announced today that Oslo, Norway-based Polaris Electronics Norge AS will serve as the new Norwegian distributor for KVH’s complete line of satellite television and communications products for the marine market, including the award-winning TracVision® marine satellite TV antennas, Tracphone® satellite communications systems, and the new TracNet™ 3.0 mobile high-speed Internet server.
“We are extremely pleased with the appointment of Polaris as our new distributor for Norway,” said Mads Bjerre-Petersen, managing director of KVH Europe A/S. “Polaris has the necessary skills and an excellent understanding of the quality sales and support that KVH is committed to offering all of its customers around the globe. This new relationship has the potential to lead to significant sales growth and an even stronger position for KVH in Norway and in Europe as a whole.”
KVH’s award-winning line of TracVision marine satellite TV antennas offers in-motion satellite television within all regional satellite TV service areas plus compatibility with KVH’s TracNet broadband Internet system and service. KVH is also a leading provider of marine satellite communications systems. The fully stabilised Tracphone systems connect pleasure and commercial marine vessels worldwide via two-way voice, fax, and e-mail compatible with reliable Inmarsat Fleet and mini-M services.
For more information on KVH’s complete line of marine communications products, please visit http://www.tracvision.com and http://www.tracphone.com.
Polaris Electronics Norge AS delivers communication and navigation systems to the maritime market, to professional users, to yachtsmen as well as the land-mobile users of satellite communications.
KVH Industries, Inc., is the leading provider of in-motion satellite systems, having designed, manufactured, and sold more than 75,000 mobile satellite antennas for applications on boats, RVs, trucks, buses and automobiles. An ISO 9001-certified company, KVH has headquarters in Middletown, Rhode Island, with a fiber optic and military navigation product manufacturing facility in Tinley Park, Illinois, and a European sales, marketing, and support office in Kokkedal, Denmark.
This release may contain certain forward-looking statements that involve risks and uncertainties.
Forward-looking statements include, for example, the company’s expectations for potential sales growth in the European market, the functionality, characteristics, quality and performance of KVH’s products and technology; anticipated innovation and product development; and customer preferences, requirements and expectations. The actual results could differ materially. Factors that may cause such differences include, among others, the failure of the markets for KVH’s products in Norway and the rest of Europe to develop significantly, as well as those discussed in KVH’s most recent Form 10-Q filed with the SEC. KVH assumes no obligation to update its forward-looking statements to reflect new information or developments.