KVH More Than Doubles mini-VSAT Broadband Network Capacity in Asia-Pacific Region
MIDDLETOWN, R.I., July 29, 2013 (GLOBE NEWSWIRE) -- Continuing the network expansion strategy outlined with the announcement of its new TracPhone® V-IP series satellite communications systems and IP-MobileCast™ service (expected to be available later this year), KVH Industries, Inc., (Nasdaq:KVHI) has more than doubled the capacity of its mini-VSAT Broadbandsm network in the Asia-Pacific region. The ongoing global network upgrade involves deployment of Variable Coding, Spreading, and Modulation (VCSM) technology provided by ViaSat, Inc., (Nasdaq:VSAT), KVH's partner in the mini-VSAT Broadband network. This is the fourth major capacity increase in less than eight months, following upgrades in the Caribbean, EMEA, and African and Brazilian regions that began in late 2012.
"Increasing mini-VSAT Broadband network capacity in the Asia-Pacific region is a key step in our strategy to provide mariners with the connectivity they need at sea," explains Brent Bruun, Executive Vice President of KVH's Mobile Broadband Group. "This area is a major hub for commercial shipping and the vessels travelling there need affordable, fast, and convenient connections in order to optimize their operations. The mini-VSAT Broadband network, particularly with the new TracPhone V-IP series terminals and upcoming IP-MobileCast service, provides those connections at an affordable price combined with a number of benefits that other providers do not offer."
KVH recently announced a four-part strategy for the mini-VSAT Broadband network, which is designed to bring a variety of economical and convenient content services to mariners for the first time. It involves deployment of VCSM technology to significantly increase effective network capacity, upgrading the TracPhone® terminals used to deliver the mini-VSAT Broadband service, creating a first-of-its-kind content delivery service, and building alliances with application providers to deliver a variety of high-quality content via that service.
"There is no denying the importance of the Asia-Pacific region to the international shipping industry," said Mr. Bruun. "KVH's solutions provide outstanding communications for the mariners who frequent these waters, with downloads as fast as 4 Mbps and uploads as fast as 1 Mbps, as well as crystal clear Voice over IP (VoIP) telephone lines with optimized service and prioritization of applications. Expanding network capacity and offering new services like IP-MobileCast will help these mariners to improve onboard efficiency as well as crew morale."
With more than 3,000 onboard terminals sold, mini-VSAT Broadband service is the world's fastest growing, most popular maritime VSAT solution, according to three independent industry research reports published in 2012 by Euroconsult, NSR, and Comsys.
Visit www.minivsat.com/vip for complete details about the global mini-VSAT Broadband network and new TracPhone V-IP series antenna systems.
Note to Editors: High-resolution, press-ready images of KVH's TracPhone V-IP series systems and mini-VSAT Broadband coverage maps, are available at http://press.kvh.com for download and editorial use.
About KVH Industries, Inc.
KVH Industries is a leading manufacturer of solutions that provide global high-speed Internet, television, and voice services via satellite to mobile users at sea, on land, and in the air. KVH's Headland Media group is the maritime industry's leading provider of rights-approved news, sports, music, and movies, as well as the Walport Training video series. KVH is based in Middletown, RI, with facilities in Illinois, Denmark, Norway, the UK, Singapore, the Philippines, India, and Japan.
This release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements include, for example, statements regarding the timing and occurrence of new service rollout plans, the functionality, characteristics, quality, and performance of KVH's services and technology; anticipated innovation and product development; and customer demand, preferences, requirements and expectations. The actual results could differ materially from those expressed in the forward-looking statements. Factors that may cause such differences include, among others, the successful launch and deployment of new satellites; access to sufficient and uninterrupted satellite capacity to provide the service; uncertainty about the scope of customer demand; the potential inability to maintain licenses necessary for the network; risks associated with the delivery or performance of critical hardware; future decisions about the expected profitability of the service; changes in the costs and capabilities of competing offerings. These and other risk factors are discussed in more detail 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, TracPhone, and IP-MobileCast 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
