Highlighted in Time Magazine’s Annual “What’s Next” Issue, KVH’s High-speed Mobile Internet System Offers MSN TV Service on TV Screens and Provides Access to the Internet in Moving Vehicles
MIDDLETOWN, RI – March 20, 2006 – Time Magazine’s annual “What’s Next” issue (March 20,2006) takes a look into the not-so-distant future at the trends and technologies that are changing our lives and reshaping how we interact with our world. What Time’s writers found there was the KVH TracNet™ 100 Mobile Internet Receiver with MSN® TV Service from KVH Industries, Inc., (Nasdaq: KVHI), a powerful new tool to meet the growing demand among consumers to stay connected while on the move. The TracNet 100’s groundbreaking combination of high-speed, in-motion MSN TV access on video screens in the car as well as Internet access via WiFi, earned it a spot on Time’s annual “Must-have Gadgets” list and is helping ensure that “on the road” doesn’t have to mean “out of touch.”
“With Americans spending more time in their cars, vehicles are increasingly being viewed as an extension of the living room or office, creating a substantial new market for mobile connections,” explained Martin Kits van Heyningen, KVH’s president and chief executive officer. “People want to remain connected to the Internet, e-mail, and instant messaging even while on the go. By taking advantage of the video screens already found in millions of vehicles and the MSN TV service, which is optimized for TV screens, we are providing a convenient, affordable, and computer-free alternative for passengers to enjoy the Internet while traveling. TracNet 100 is simply the newest part of KVH’s overall live mobile media strategy as we use the most appropriate technologies to connect mobile consumers to the services they demand, including the Internet, satellite TV, and global communications.”
Developed in collaboration with Microsoft’s TV Services Division, KVH’s TracNet™ 100 Mobile Internet Receiver with MSN TV Service is a customized version of the MSN TV 2 Internet & Media Player that provides in-motion access to web browsing, Microsoft® Windows Media® player, MSN Mail and MSN Messenger, digital photo viewing, MSN Video, and MSN Radio. A wireless keyboard offers complete control of the system while broadband EVDO data services, with data rates ranging from 400 Kbps to 2.4 Mbps, provides a two-way, mobile connection. By using EVDO services for connectivity along with built-in WiFi output, the vehicle is turned into a mobile hot spot. As a result, passengers will be able to surf the web while cruising down the highway using WiFi-enabled laptop computers, PDAs and other devices using an Internet browser, e-mail application or instant messaging tool.
The hardware and service are expected to be available for purchase in mid-2006. Pricing for the TracNet 100 Mobile Internet Receiver with MSN TV service will be announced at a later date.
Additional details regarding KVH’s mobile Internet solutions are available online at http://www.kvh.com/kvhinternet/.
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 contains certain forward-looking statements that involve risks and uncertainties. Forward-looking statements address, 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 availability of competing technology and services as well as those discussed in KVH’s most recent annual report on Form 10-K filed with the SEC. KVH assumes no obligation to update its forward-looking statements to reflect new information or developments.
KVH® and TracNet™ are trademarks of KVH Industries, Inc. All other trademarks are the property of their respective companies.