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KVHI KVH Industries Inc

4.47
-0.07 (-1.54%)
Last Updated: 19:24:40
Delayed by 15 minutes
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
  -0.07 -1.54% 4.47 4.48 4.50 4.66 4.42 4.58 31,805 19:24:40

KVH Industries Opens State-of-the-Art Demo and Training Lab to Serve Asia-Pacific Region

20/10/2011 12:00pm

GlobeNewswire Inc.


KVH Industries (NASDAQ:KVHI)
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Demonstrating its commitment to providing high-quality maritime satellite communications and entertainment solutions for mariners in the Asia-Pacific region, KVH Industries, Inc., (Nasdaq:KVHI) officially opened its new Asia-Pacific headquarters, KVH Industries Pte Ltd., in Singapore today. The new facility features a state-of-the-art demo and training lab where KVH partners and customers can observe the company's TracPhone®, TracVision®, and CommBox™ products in action, and examine possibilities for integrating shipboard applications with KVH's mini-VSAT BroadbandSM network.

KVH's Chief Executive Officer, Martin Kits van Heyningen, Senior Vice President of Global Sales and Business Development, Brent C. Bruun, and Vice President of Sales, Asia-Pacific region, Vivian Quenet were on hand to welcome guests to KVH Singapore. "This region is critically important to maritime commerce around the globe, and we feel that it is important to have permanent staff and facilities here to ensure the best service for KVH customers and partners," explained Mr. Kits van Heyningen. "KVH's mini-VSAT Broadband satellite communications network and TracPhone, CommBox, and TracVision systems offer tremendous benefits to the ships, large and small, that operate in these waters. We look forward to serving mariners not just in Singapore, but throughout the Asia-Pacific region."

KVH Industries Pte Ltd. will work in cooperation with partners throughout the region to bring KVH's award-winning satellite communications and television products to mariners. These include the new TracVision HD11, the world's first truly global maritime satellite TV system with full support for high-definition programming, as well as the global mini-VSAT Broadband satellite communications service and compatible 24" (60 cm) TracPhone V7 and 14.5" (39 cm) TracPhone V3 antennas, and the CommBox Ship/Shore Network Manager.

With more than 1,500 antennas shipped, mini-VSAT Broadband is the world's fastest growing, most popular maritime VSAT solution. The network uses ArcLight® spread spectrum technology, which was developed by KVH's partner, ViaSat, Inc., (Nasdaq:VSAT) specifically for mobile use and previously available only for military applications. ArcLight is unique due to its efficient reuse of satellite channels, fast speed, low latency, and its ability to support very small antennas that provide reliable service, even in poor weather conditions.

For complete details about KVH's satellite communications and entertainment products and services, please visit www.kvh.com.

Note to Editors: High-resolution, press-ready images of KVH's TracPhone and TracVision products 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, TracPhone, TracVision, and CommBox are 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: Nicole Mongillo
         KVH Industries, Inc.
         401-845-2443
         nmongillo@kvh.com

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