KVH Industries Asia Pte. Ltd., opens its doors, expanding KVH's mini-VSAT Broadband and TracVision satellite TV system sales, service, and support to the region's maritime market
MIDDLETOWN, R.I., March 24, 2010 -- KVH Industries, Inc., (Nasdaq: KVHI) is pleased to announce the official incorporation of KVH Industries Asia Pte. Ltd., the company's Singapore-based subsidiary. Also known as KVH Singapore, the new business unit equips the company to support the growing demand for KVH's mini-VSAT Broadbandsm satellite communications service and TracVision® satellite TV systems and services in the region's extensive maritime market.
"We expect that KVH Singapore will play a crucial role in bringing our mini-VSAT Broadband service to the commercial maritime market. Singapore serves as one of the world's pre-eminent hubs for the commercial shipping business and a diverse group of international maritime operators while the region itself is home to more than two-thirds of the world's 20 busiest seaports," explained Jim Dodez, KVH's vice president of marketing and strategic planning. "We are now more effectively placed to pursue these opportunities, seek out new business in the region's shipbuilding industry, and support our local and regional distribution partners."
Visit http://www.minivsat.com for additional details regarding the TracPhone® V7 and mini-VSAT Broadband service and coverage as well as case studies about customers who have successfully solved critical maritime communications challenges thanks to KVH's compact and affordable mini-VSAT Broadband solution.
About KVH Industries, Inc.
Middletown, RI-based KVH Industries, Inc., along with its subsidiaries, KVH Europe A/S and KVH Industries Asia Pte. Ltd., 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-K 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.