MIDDLETOWN, R.I. - Oct. 17, 2006 - It's reaching the point where no one wants to call "shotgun" anymore when heading out to the car because all the cool stuff is in the backseat. Thanks to technological advances, our automobiles are rapidly evolving into extensions of our living rooms and offices, where consumer demand for and the availability of live mobile media like satellite TV and Internet access are changing how we think about traveling on U.S. roads. It makes perfect sense then that BusinessWeek's recent online special report on the evolution of the automobile chose KVH Industries' (Nasdaq: KVHI) TracVision® A7 satellite TV system and TracNet 100™ mobile Internet receiver as its "Coolest Car Gadgets for 2007."
"Pretty much anything you might wish to hear, watch, or read--from your favorite TV shows and music to your day-to-day e-mail--can be moved to your car. Backseat DVD entertainment systems originally intended to entertain toddlers are morphing into satellite TV systems to entertain road trip buddies. Once, not so long ago, cars were considered futuristic if they had a built-in cellular phone, but today the most desirable technological toys are in-car high-speed wireless Internet connections and Wi-Fi hotspots," observes reporter Arik Hesseldahl in his article, "Turn Your Car into a Supercar."
Featured in the article and the accompanying list of the top 8 cool car gadgets are KVH's new TracVision A7 and the TracNet 100 with MSN(R) TV service:
- The all-new TracVision A7 uses KVH's patented hybrid phased-array antenna technology to offer a 5-inch high, satellite TV system with exclusive in-motion reception of up to 185 channels of DIRECTV(R) service, including national networks like ABC, CBS, Fox, and NBC via local TV affiliates - a first in the mobile entertainment and automotive industries.
- The TracNet 100 provides in-motion, high-speed access to MSN TV Internet services, including e-mail, instant messaging, web browsing, Internet radio, online games, and more displayed on in-vehicle video screens. In addition, the TracNet 100 also turns a vehicle or vessel into a mobile hotspot thanks to integrated Wi-Fi that supports multiple users and devices.
Each of these products, introduced in August 2006, is now available through authorized KVH retailers nationwide. To read the complete BusinessWeek Online article and view the "Coolest Car Gadgets" presentation along with other recent news coverage of KVH's live mobile media products, visit http://www.kvh.com/inthenews.
About KVH Industries, Inc.
Middletown, RI-based KVH Industries, Inc., is a leading provider of in-motion satellite TV and communication systems, having designed, manufactured, and sold more than 100,000 mobile satellite antennas for applications on boats, RVs, trucks, buses, and automobiles. Winner of the prestigious General Motors Innovative Design Award, CES Innovation Award, 21 National Marine Electronics Association "Best Product" awards, and a finalist for the Automotive News PACE Award, KVH's mission is to connect mobile customers with the same digital television entertainment, communications, and Internet services that they enjoy in their home and offices.
This release may contain certain forward-looking statements that involve risks and uncertainties. Forward-looking statements include, for example, 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. Factors that may cause such differences include, among others, the degree of consumer acceptance of mobile Internet services; our dependence on the availability of third-party satellites, which face significant operational risks and could fail earlier than their expected useful lives, for our mobile satellite TV services; as well as those discussed in KVH's most recent Form 10-Q filed with the SEC. KVH does not assume any obligation to update its forward-looking statements to reflect new information or developments.
KVH, TracVision, and TracNet are official trademarks of KVH Industries, Inc. All other trademarks are the property of their respective companies.