TracVision M9 satellite TV system installations are underway for long-term project that will benefit crew members on 60 vessels at completion
KOKKEDAL, Denmark, Sept 22, 2008 -- KVH Industries, Inc., (Nasdaq: KVHI) today announced that it is working with Unicom, a member of Sovcomflot, Russia's largest shipping company, to equip the Unicom fleet with entertainment at sea via KVH's TracVision® M9 satellite TV antennas. A total of 60 antennas will be installed over the duration of the project, representing the largest single maritime TracVision order in KVH's history. Installations, which are being managed by KVH's Russian distributor, Navicom, are well underway and the project is expected to reach completion within one year. KVH's 82 cm TracVision M9 is a powerful, HDTV-ready satellite TV system that offers outstanding entertainment for large commercial vessels while maintaining a streamlined appearance.
"The TracVision M9 was purchased for crew entertainment purposes and to improve crew welfare onboard our vessels," says Sergey Minakov, Unicom's electrical engineer superintendent. "The equipment was easy for our vessels' electrical engineers to install. Now, the TracVision M9 allows our crew to watch the latest news. Having live TV onboard clearly increases the morale of our people."
Powered by KVH's exclusive RingFire™ antenna technology, integrated GPS, automatic, and fully stabilised skew adjustment, the TracVision M9 offers passengers and crew access to high-quality satellite TV entertainment from regional services around the globe. It delivers outstanding performance, even in the grueling conditions that are often a part of commercial maritime operations. This powerful system is manufactured in compliance with the rigorous ISO 9001:2000 standard for quality and is subjected to the most stringent performance evaluations in the industry, making it the most rugged and reliable option for offshore commercial vessels.
"We are excited that the TracVision M9 is proving itself as a valuable part of the crew recruitment and retention strategy for a large, respected company like Unicom," says Svend Lykke Larsen, director of sales for KVH Europe A/S. "This project is an important example of our comprehensive suite of products that connect commercial operators and crew around the globe to satellite TV entertainment and broadband communications."
About KVH Industries
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 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.