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Share Name | Share Symbol | Market | Type |
---|---|---|---|
KVH Industries Inc | NASDAQ:KVHI | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.05 | -1.02% | 4.83 | 4.83 | 4.88 | 4.91 | 4.83 | 4.86 | 4,023 | 18:49:21 |
"The addition of a new satellite and the rollout of a powerful new high-density waveform, dramatically enhances the ability of our mini-VSAT Broadband network to support existing and future subscribers," explained Brent C. Bruun, KVH's vice president of satellite sales and business development. "Designed to offer service and performance superior to traditional maritime VSAT services, the network is built upon a robust, flexible architecture and ViaSat's ArcLight® spread spectrum technology, permitting us to quickly and easily expand the service. Most importantly, commercial, leisure, and government mariners who rely on mini-VSAT Broadband for their Internet and voice connections will enjoy the benefit from these enhancements via their existing, compact TracPhone® V7 hardware."
The mini-VSAT Broadband network was designed from the ground up to be the first next-generation maritime satellite communications solution. Offering service and performance superior to traditional maritime VSAT services through a global spread spectrum satellite network, it also includes the rugged KVH TracPhone V7, the first FCC-approved 24-inch (60 cm) VSAT antenna. Already the fastest growing maritime VSAT solution, mini-VSAT Broadband's seamless worldwide network is delivered by 12 satellite transponders and 9 secure earth stations and offers voice service and Internet access as fast as 512 Kbps (upload) and 2 Mbps (download) with significant cost savings compared to competing services.
Visit http://www.minivsat.com for additional details regarding the TracPhone V7 and mini-VSAT Broadband service and coverage.
Note to Editors: High-resolution, press-ready images of the TracPhone V7 are available at http://press.kvh.com for download and editorial use.
About KVH Industries, Inc.
KVH Industries, Inc. and its subsidiaries are leading providers of in-motion satellite TV and communication 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. The company is based in Middletown, RI, with facilities in Illinois, Denmark, Norway, and Singapore.
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 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.
CONTACT: KVH Industries Chris Watson 401-845-8138 cwatson@kvh.com
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