Industry Pro Niels Reuther Brings Commercial VSAT Experience to Help KVH Europe Pursue Growing Commercial Opportunity
Kokkedal, Denmark – December 4, 2008 – In response to a growing demand for broadband connections at sea, KVH Europe A/S is expanding its presence in the commercial marine satellite communications market, building on the success of its TracPhone® V7 and mini-VSAT Broadband service, Inmarsat FleetBroadband-compatible TracPhone systems and award-winning TracVision® satellite TV systems. To take full advantage of this opportunity, KVH is pleased to announce that Mr. Niels Reuther has come aboard as its new commercial sales manager to guide this endeavor.
As KVH’s new commercial sales manager, Mr. Reuther will use his experience in the commercial maritime market to help develop distributor and customer relationships, helping to pair commercial mariners with products from KVH that best suit their needs. He comes to KVH from Furuno Danmark A/S, where, as communications business unit manager, he developed successful practices for meeting the unique needs of commercial customers, worked in cooperation with distributors, and was responsible for growing Furuno’s VSAT business. This experience will help KVH successfully meet the strategic challenges within the commercial marine industry.
“KVH is in a great position to meet the communications needs of the commercial market and provide entertainment and Internet access for crew morale,” Reuther explains. “I am excited to help foster the growth of KVH’s products and services for commercial mariners.”
About KVH Europe A/S
KVH Europe A/S is a wholly owned subsidiary of Middletown, RI, USA-based KVH Industries, Inc. (Nasdaq: KVHI). KVH is a leading provider of in-motion satellite TV and communication systems, having designed, manufactured, and sold more than 150,000 mobile satellite antennas for applications on boats, RVs, trucks, buses, and automobiles. KVH Europe is the preferred supplier of marine satellite TV systems to most leading powerboat builders and, as a winner of 32 National Marine Electronics Association “Industry Awards, KVH’s mission is to connect mobile customers with the same digital television entertainment, communications, and Internet services that they enjoy in their homes 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 materially. Factors that may cause such differences include, among others, 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, TracPhone, and TracVision are trademarks of KVH Industries, Inc. All other trademarks are the property of their respective companies.