Former SES AMERICOM executive Brent Bruun, KVH's new Vice President of
Business Development, to focus on expanding mini-VSAT Broadband coverage
MIDDLETOWN, R.I., -- KVH Industries, Inc.,
(Nasdaq: KVHI) has hired Mr. Brent Bruun as its new Vice President for
Business Development. Mr. Bruun, formerly of SES AMERICOM, is expected to play
a key role in KVH's planned worldwide rollout of the mini-VSAT Broadbandsm satellite communications service. Expansion will provide service coverage in
new regions, supporting leisure, commercial, and government vessels while
offering opportunities to strengthen KVH's growing satellite communications
products and airtime services revenue streams.
"While at SES AMERICOM, I had the opportunity to collaborate with KVH
during the initial launch of the groundbreaking mini-VSAT service and was very
impressed with the way they do business. Now, I'm thrilled to be a part of the
KVH team," commented Mr. Bruun. "The TracPhone® V7 and mini-VSAT Broadband
service are becoming a vital part of the marketplace, and I look forward to
helping guide the global expansion of the service. We have a tremendous
opportunity to offer affordable broadband communications within the maritime
market while also generating airtime revenue from related aeronautical
In his previous position as Senior Vice President of Strategic Initiatives
for SES AMERICOM, Mr. Bruun concentrated on global mobile broadband
opportunities with particular emphasis on the maritime and aeronautical
markets, experience that will be invaluable as he assumes his new role at KVH.
His most recent experience is complemented by the diversified knowledge he has
gained throughout his career at KPMG, General Electric, and SES AMERICOM in
general management, finance, accounting, operations, sales, and business
development. He earned a bachelor's degree in accounting from Alfred
University and is a Certified Public Accountant (CPA).
Mr. Bruun will help lead an expansion effort that will include acquisition
of satellite capacity from satellite operators as well as the purchase of new
regional satellite hubs for the global rollout of KVH's mini-VSAT Broadband
service. Together with the compact, 24" TracPhone V7 antenna, the service
already offers regional Voice over IP (VoIP) telephone service and Internet
access as fast as 512 Kbps (upload) and 2 Mbps (download) to mariners
throughout North America, the Caribbean, the North Atlantic, and Europe.
"Brent is a valuable addition to our development team, and the expertise
he brings with him will help us to successfully and efficiently expand our
mini-VSAT Broadband coverage worldwide and into new markets. As we do so, KVH
will be able to offer leisure, commercial, and government vessels around the
globe a rugged, powerful satellite communications technology that brings
significant advantages over traditional VSAT in size, data speed, and airtime
costs, while still being compact and practical enough for smaller vessels,"
explained Martin Kits van Heyningen, KVH's Chief Executive Officer.
Visit http://www.minivsat.com for additional details regarding the
TracPhone V7 and mini-VSAT Broadband service.
About KVH Industries, Inc.
Middletown, RI-based KVH Industries, Inc., and its wholly owned
subsidiary, KVH Europe A/S, are leading providers of in-motion satellite TV
and communications systems, having designed, manufactured, and sold more than
150,000 mobile satellite antennas for applications on vessels, vehicles, and
aircraft. KVH's mission is to connect mobile customers around the globe with
the same digital television entertainment, communications, and Internet
services that they enjoy in their homes and offices.
This release contains forward-looking statements that involve risks and
uncertainties. Forward-looking statements include, for example, the service
rollout plans, the functionality, characteristics, quality and performance of
KVH's products and technology; anticipated innovation and product development;
and customer demand, preferences, requirements and expectations. The actual
results could differ materially. Factors that may cause such differences
include, among others, uncertainty about the scope of customer demand; the
potential inability to secure adequate Ku-band satellite capacity or the
licenses necessary for the network; risks associated with the delivery or
performance of critical hardware; future decisions about the expected
profitability of additional satellite regions; changes in the costs and
capabilities of competing offerings; and those other risk factors 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
KVH and TracPhone are registered trademarks of KVH Industries. mini-VSAT
Broadband is a service mark of KVH Industries. All other trademarks are the
property of their respective companies.