KVH Industries (NASDAQ:KVHI)
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Exclusive Access to InstallerNet's InstallCard Program Enables KVH
to Support Automotive Satellite TV Sales and Installation through New
Channels, including Catalog and Online Retailers
KVH Industries, Inc., (Nasdaq: KVHI) today announced that it has
entered into an agreement with InstallerNet, a division of MobileToys,
Inc., to deliver professional installation services nationwide, a move
designed to dramatically expand consumer access to and convenient
installation of KVH's award-winning TracVision(R) A5 automotive
satellite TV system.
Drawing on InstallerNet's nationwide network of certified
professional installers and patent-pending InstallCard, KVH expects to
begin merchandising the TracVision A5 through retail channels that do
not typically support consumers' installation needs, such as catalog
and online retailers. The InstallCard will establish a standard,
bundled installation cost and connect customers purchasing the
TracVision A5 through one of these non-installing outlets to the
nearest InstallerNet location, making it easy and convenient for
consumers to add the TracVision A5 to their vehicles.
"The national scope of the InstallerNet program will benefit our
customers, our dealers, and KVH greatly," explained Ian Palmer, KVH's
executive vice president for satellite sales. "This nationwide
program, which already includes many of our existing TracVision A5
dealers, is a significant expansion of our overall installation
capacity. It enables us to open new sales channels for our products
and promote them to a wider audience of consumers. These customers,
many of whom may never have purchased a 12-volt product in the past,
will then be able to arrange for a quick, convenient, and pre-paid
installation of their TracVision A5 thanks to InstallerNet."
KVH's TracVision A5 is a low-profile in-motion satellite TV system
designed for passenger vehicles. Using KVH's proprietary hybrid
phased-array technology, it is a sleek aftermarket accessory that
mounts to the roof rack or directly to the vehicle's roof and brings
more than 155 channels of digital DIRECTV(R) satellite TV programming
and commercial-free XM Radio music into automobiles. The award-winning
TracVision A5 has been available in the aftermarket for more than two
years at retail locations around the United States and offers
exclusive access to DIRECTV's TOTAL CHOICE(R) MOBILE programming, the
only satellite TV package approved for use in automobiles.
"While KVH's TracVision A5 clearly has mass appeal, it typically
requires the assistance of a certified installer to ensure the best
possible installation and help vehicle owners realize maximum value,"
stated Bill Erdman, vice president of business development for
InstallerNet. "As a result of being able to offer professional
installation at a standard price, InstallerNet is uniquely positioned
to help manufacturers increase retail sales and provide superior
customer satisfaction."
Installation support through the new InstallCard will begin in
March 2006 and focus on KVH's TracVision A5 satellite TV system. KVH
dealers will have the option of handling the installation of the
TracVision A5 directly or selling the InstallerNet installation as
part of the product price. In addition, InstallCard will enable KVH to
potentially provide pre-paid, convenient installation service for
other products in the future.
Additional details regarding KVH's TracVision A5 are available at
http://www.tracvision.com.
Note to Editors: High-resolution, press-ready images of KVH's
mobile communication products are available for download and editorial
use at http://press.kvh.com.
About InstallerNet
InstallerNet (www.InstallerNet.com) is a division of MobileToys,
Inc., a leading technology and services provider for the mobile
electronics industry since 1989. The InstallCard represents pre-paid
installation services and is supported by a nationwide network of
professional consumer electronics installers. The company maintains a
website (www.InstallCard.com) for customers to activate and schedule
their desired installation services.
About KVH Industries, Inc.
Middletown, RI-based KVH Industries, Inc., is a leading provider
of in-motion satellite TV and communication systems, having designed,
manufactured, and sold more than 100,000 mobile satellite antennas for
applications on boats, RVs, trucks, buses, and automobiles. Winner of
the prestigious General Motors Innovative Design Award, CES Innovation
Award, 21 National Marine Electronics Association "Best Product"
awards, and a finalist for the Automotive News PACE Award, KVH's
mission is to connect mobile customers with the same digital
television entertainment, communications, and Internet services that
they enjoy in their home 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; and customer
preferences, requirements and expectations. The actual results could
differ. Factors that may cause such differences include, among others,
our dependence on the availability of third-party satellites, which
face significant operational risks and could fail earlier than their
expected useful lives, for our mobile satellite communication
services, as well as those discussed in KVH's most recent Form 10-Q
filed with the SEC. KVH assumes no obligation to update its
forward-looking statements to reflect new information or developments.
KVH and TracVision are registered trademarks of KVH Industries,
Inc. All other trademarks are the property of their respective
companies.