New office will enable KVH to expand mini-VSAT Broadband and TracVision satellite TV system sales, service and support in the region
MIDDLETOWN, R.I., -- Feb 03, 2010 -- In a move designed to support the global rollout of its mini-VSAT Broadband high-speed communications network, KVH Industries, Inc., (Nasdaq: KVHI) today announced plans to open its newest office in Singapore. Centered in a major hub for commercial shipping, KVH Singapore will enable the company to support the growing demand for KVH's mini-VSAT Broadband and TracVision® satellite TV systems and services for the Asia region's extensive maritime market.
"We look forward to adding KVH Singapore to our worldwide sales and support network. Increasingly, our broadband Internet, telephone and satellite TV solutions are proving to be the tools of choice for commercial maritime operators seeking to enhance their ship operations, boost crew morale and retention, and help meet regulatory requirements more efficiently. With 13 of the world's 20 busiest ports in the region, KVH Singapore will allow us to pursue these significant new sales opportunities as effectively and efficiently as possible," explained Martin Kits van Heyningen, KVH's chief executive officer.
Of particular interest to commercial fleets is KVH's mini-VSAT Broadband service, along with the KVH TracPhone® V7 antenna, which comprise the first end-to-end 24-inch (60 cm) VSAT antenna, service, and support package available for maritime communications. Together, KVH and ViaSat are currently providing two-way mobile broadcast services from eight secure teleports around the globe utilizing eight beams on seven of the world's most powerful communications satellites. The resulting seamless network offers voice service and Internet access as fast as 512 Kbps (upload) and 2 Mbps (download) at fixed monthly rates.
Visit http://www.minivsat.com for additional details regarding the TracPhone V7 and mini-VSAT Broadband service and coverage as well as case studies of customers who have successfully solved critical maritime communications challenges thanks to the compact and affordable mini-VSAT Broadband solution.
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 does not assume any obligation to update its forward-looking statements to reflect new information or developments.
KVH, TracVision, and TracPhone are registered trademarks of KVH Industries, Inc. "mini-VSAT Broadband" is a service mark of KVH Industries, Inc. All other trademarks are the property of their respective companies.