The 37 cm Diameter Satellite TV System, the First Designed for Smaller Boats, is Expected to Be Available to European Boaters in Early 2007
Middletown, Rhode Island – November 14, 2006 – The new TracVision® M3 from KVH Industries (Nasdaq: KVHI) is winning fans around the world as the groundbreaking 37 cm (14.5") diameter marine satellite TV system won the Marine Electronics Category in the 2006 DAME Prize competition, wowing the distinguished panel of international judges with its combination of small size, simple installation, and powerful satellite TV reception. Bestowed each year during the Marine Trade Show (METS) in Amsterdam, the Design Award METS (DAME) Prize is recognized worldwide as one of the leading competitions for marine design, technology, and accessories. This is the second major award bestowed upon the TracVision M3 in recent weeks – the U.S.-based National Marine Electronics Association also selected the TracVision M3 as the recipient of its NMEA Industry Award in the Marine Entertainment category.
“We are thrilled at the response by the prestigious members of the DAME panel to the TracVision M3, which promises to bring the excitement of live satellite TV to a huge new audience of boaters throughout Europe and elsewhere beginning in early 2007,” said Mads Bjerre-Petersen, managing director of KVH Europe. “To win the highly competitive marine electronics category is a testament to the time and effort KVH put into every aspect of the TracVision M3. This new satellite TV system is powerful technology made simple, bringing together all of the features boaters have been asking for in a small, simple-to-install, easy-to-operate system that offers outstanding near-shore coverage.”
Satellite television is among the most popular accessories for boaters worldwide, keeping them connected to live news, sports, and entertainment via powerful regional satellite TV services. However, due to the size requirements of these antennas, satellite TV was historically only practical for vessels 40 feet and larger. However, the TracVision M3, the world’s smallest stabilized marine satellite TV system, changes all that.
The small, simple, and powerful satellite TV system is ideal for installation aboard vessels as small as 25 feet and offers everything a boater needs to enjoy their favorite local programming at sea. The international version of the TracVision M3 will include the fully stabilized antenna, a multi-satellite control unit, and a single cable for easy installation. The TracVision M3 is already available in the United States where it is equipped with an integrated 12V DIRECTV® receiver. The TracVision M3’s super-efficient 37 cm antenna offers a rugged design, precision tracking, and coverage range comparable to larger 45 cm antennas in most areas; crystal-clear proof that less is more.
Additional details regarding the European variant of the TracVision M3 will be provided at the time of product launch.
About KVH Industries, Inc.
KVH Europe A/S is a wholly owned subsidiary of USA-based KVH Industries, Inc. KVH 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. KVH Europe is the preferred supplier of marine satellite TV systems to leading powerboat builders like Sunseeker, Princess, Fairline, Rodriquez, Azimut, and Astondoa. Winner of 22 National Marine Electronics Association (NMEA) Industry Awards over the past 9 years, 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; and customer preferences, requirements and expectations. The actual results could differ materially. Factors that may cause such differences include, among others, 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 communication services, 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.
KVH and TracVision are registered trademarks of KVH Industries, Inc. All other trademarks are the property of their respective companies.