KVH Ships its 100,000th Mobile Satellite Antenna, Setting Industry Milestone & Record Revenues.MIDDLETOWN, R.I. -- KVH's Mobile Satellite & Internet Solutions Meeting Consumers' Growing Demand for Live Media in Cars, Boats, and RVs Reaffirming its position as the leading manufacturer of mobile satellite antenna systems for boats, cars, and RVs, KVH Industries KVH Industries Incorporated is an electronics firm based in Middletown, Rhode Island. The company produces electronic compasses, fiber optic gyroscopes, and control systems for satellite dishes. External Links
"We are tremendously proud to have surpassed the 100,000 antenna milestone," said Martin Kits van Heyningen, KVH's president and chief executive officer. "In a culture that is placing a premium on mobility and instant access to information, KVH KVH Keith Van Horn (basketball player) KvH Katrina vanden Heuvel (editor; The Nation) has set the pace in live mobile entertainment solutions for a decade, whether you are on land or at sea. Consumers on the move increasingly expect a widening array of entertainment and Internet options, especially as the number of aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. and factory-installed video screens in automobiles is exploding. KVH successfully meets these consumers' needs using innovative technology, connecting to premier services, collaborating with industry leaders like DIRECTV, Microsoft, Cadillac, and Inmarsat, and offering the highest quality products available." Since it entered the mobile satellite marketplace, KVH's approach to offering mobile access to live media has always drawn upon a wide range of technology and services ranging from satellite TV and communications, Internet services, and broadband cellular services. The company's commitment to innovation and product excellence is reflected in a remarkable array of industry recognition, including the prestigious General Motors Innovative Design Award, CES Innovation Award, 21 National Marine Electronics Association "Best Product" awards, finalist for the Automotive News PACE Award, and multiple technology and design patents. "The demand for mobile access to live media ranging from satellite TV to broadband Internet See broadband. has steadily grown now that cars, boats, and RVs are increasingly seen as extensions of the home," continued Mr. Kits van Heyningen. "KVH satellite TV and Internet products leverage existing services and TV screens on boats and RVs as well as the 20 million video screens expected to be in cars by 2011. Worldwide, mariners trust KVH's award-winning family of TracPhone(R) global satellite communication and Internet systems. KVH, with a broad array of versatile, integrated hardware and service solutions, provides an unmatched suite of products to keep KVH customers connected wherever they go." The company's award-winning TracVision(R) products employ sophisticated sensors, integrated receivers, and high-efficiency parabolic antenna A bowl-shaped antenna that converts air waves into a narrow beam. Widely used for all forms of radio transmission, the bowl reflects the incoming waves to a receiving element at the center of the antenna. designs to support satellite TV on boats, RVs, and trucks, while KVH's proprietary hybrid-phased array antenna and 5" high design are technological breakthroughs that made live satellite TV a reality in automobiles in 2003. Each of these fully stabilized sta·bi·lize v. sta·bi·lized, sta·bi·liz·ing, sta·bi·liz·es v.tr. 1. To make stable or steadfast. 2. systems identifies, locks onto, and tracks high-powered TV satellites orbiting 22,500 miles above the equator, even as the boat pitches in high seas high seas In maritime law, the waters lying outside the territorial waters of any and all states. In the Middle Ages, a number of maritime states asserted sovereignty over large portions of the high seas. and the car cruises down the highway. High-speed, in-motion Internet access See how to access the Internet. is the latest addition to KVH's suite of live mobile media services as KVH and Microsoft's MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). (R) TV group are working together to make MSN TV The first Internet TV service that obtained widespread distribution of its set-top boxes in the retail channel. Developed in 1996 by WebTV and acquired by Microsoft in 1997, it originally used only an analog modem and telephone line to deliver the Web and e-mail to the TV set. service and broadband Internet available in cars, boats, trucks and RVs traveling in and around the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The combination of the MSN TV service and KVH's expertise offers the first affordable in-motion product to consumers with easy-to-use, high-speed Internet See broadband. access on the screens already in most vehicles. KVH's Mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. Receiver with MSN TV service will also include Wi-Fi output to provide Internet connectivity to a wide range of Wi-Fi-enabled products. However, the popularity of KVH's technology comes not simply from the technological leadership its products represent but from the company's ability to simplify these sophisticated systems into powerful, reliable, and affordable solutions ideal for consumers on the move. "KVH remains the only company providing consumers with the fully integrated hardware solutions, together with an international network of dealers and distributors, needed to support the demands for mobile services in the marine, RV, and automotive markets," concluded Mr. Kits van Heyningen. "As we look toward the next 100,000 antennas, we're more committed than ever to finding innovative ways to connect people on the move to the live mobile media they prefer." Complete details regarding KVH's mobile satellite product lines are available at http://www.tracvision.com and http://www.tracphone.com. Note to editors - High-resolution images of KVH's mobile satellite products are available for download and editorial use at http://press.kvh.com. This release may contain certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. 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 Form 10-Q See 10-Q. filed with the SEC. KVH assumes no obligation to update its forward-looking statements to reflect new information or developments. KVH, TracVision, and TracPhone are trademarks of KVH Industries, Inc. All other trademarks are the property of their respective companies. |
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