KVH’s compact TracPhone FB250 is helping crew aboard the Virgin Money yacht to stay in touch with resources on shore throughout the effort
MIDDLETOWN, RI – October 23, 2008 – Early Wednesday morning, the high-tech sailing vessel Virgin Money raced out of New York Bay in an attempt to break the transatlantic crossing record of 6 days, 17 hours, 52 minutes and 39 seconds. The vessel (previously known as Speedboat), owned by Alex Jackson (USA), is sponsored by the UK-based Virgin Group, Inc., and crewed by TEAMORIGIN, the British America’s Cup Challenging team, and boasts an arsenal of products that will help the crew to accomplish their goal. Among these is a TracPhone® FB250 satellite communications system from KVH Industries, Inc. (Nasdaq: KVHI) that crew members are using to stay in touch and receive critical updates during the grueling sail. Together with Inmarsat’s FleetBroadband service, KVH’s compact antenna is equipping Virgin Money with high-speed data connections and crystal-clear phone connections to help the crew achieve this new sailing record.
“We selected the TracPhone FB250 because of its high data rate and its small size and weight. We also wanted to take advantage of KVH’s technical support and the ease of setting up our Inmarsat account through KVH,” says Stan Honey, navigator on the Virgin Money and a member of KVH Industries’ Board of Directors since 1997. During the voyage, Stan will rely on this powerful communications system to keep the crew of Virgin Money in touch with resources on shore at all times via the Internet, e-mail, and telephone. In addition to tracking weather conditions and supporting web updates of Virgin Money’s progress, the TracPhone FB250 links the crew with its shore-based support team so that together, they can make critical, real-time decisions vital to the crew’s safety and the success of the effort.
The TracPhone FB250’s compact, low-profile antenna brings reliable broadband connections and simultaneous telephone service to a variety of vessels, at an affordable rate, using Inmarsat’s FleetBroadband service. The system is available in two sizes: an 11.8" (30 cm) high compact dome, or a 21" (53 cm) high dome to match the TracVision® M5 satellite TV system, making installation simple for nearly any vessel type or application.
“All of us at KVH are thrilled that Virgin Money is underway safely and wish Stan and the rest of the Virgin Money and TEAMORIGIN crew the best of luck in their attempt at breaking the transatlantic crossing record,” says Martin Kits van Heyningen, KVH’s chief executive officer. “We are proud and excited to have the TracPhone FB250 play such an important role during the effort, and look forward to enjoying the benefits ourselves as we track the vessel’s progress via updates to the website.”
Please visit www.tracphone.com to learn more about KVH’s innovative TracPhone satellite communications systems.
To follow the transatlantic record attempt, visit www.virginmoney.com/challenge or visit www.teamorigin.com to learn more about TEAMORIGIN, the British America’s Cup Challenge team.
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 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.