Supported by SKY Perfect JSAT, KVH's newest mini-VSAT coverage area now supports broadband Internet and voice services for maritime and aeronautical
MIDDLETOWN, R.I., Aug. 6 -- KVH Industries, Inc., (Nasdaq: KVHI) announced today the successful activation of its mini-VSAT Broadbandsm service in Asia-Pacific waters in collaboration with SKY Perfect JSAT Corporation (also known as SP-JSAT) via the JCSAT-1B satellite. This expansion dramatically expands mini-VSAT Broadband's capacity to support the world's commercial shipping market, with 13 of the world's 20 busiest ports in terms of cargo tonnage located within the new coverage area.
"With the addition of live service in the Asia-Pacific market, we look forward to providing outstanding and affordable broadband data and voice services to commercial and leisure mariners throughout the region," said Brent C. Bruun, KVH's vice president of sales and business development. "Thanks to our 24-inch TracPhone V7® and mini-VSAT Broadband, we offer something that no other VSAT provider can match - a completely integrated hardware, network, and service solution. We are thrilled to expand our service and offer this unique and proven solution to the vital Asian maritime market."
KVH and SP-JSAT are also pursuing hardware and broadband airtime sales in the Asia-Pacific maritime market with SP-JSAT granted exclusive rights for sales to Japanese-flagged and Japanese-owned vessels. In addition, SP-JSAT will provide service coverage in the Indian Ocean in early 2010.
The addition of Asian service is the latest step in the KVH and ViaSat Inc. (Nasdaq: VSAT) joint effort to field a global Ku-band broadband network for maritime vessels, as well as ViaSat's Yondersm mobile network for in-flight broadband to business and commercial aircraft. Together, KVH and ViaSat are already offering voice service and broadband data services as fast as 512 Kbps (upload) and 2 Mbps (download) at fixed monthly rates to mariners throughout North America, the Caribbean, the North Atlantic, Europe, the Northern Pacific, and the Persian Gulf. KVH recently announced that it had sold more than 500 TracPhone V7 systems worldwide and that testing was underway for the addition of mini-VSAT Broadband service around Australia and New Zealand.
Visit http://www.minivsat.com for additional details regarding the TracPhone V7 and mini-VSAT Broadband service, including service coverage maps.
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, the successful launch and deployment of new satellites; uncertainty about the scope of customer demand; the potential inability to secure 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 or developments.
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.