KVH More Than Doubles Mini-VSAT Broadband Bandwidth In The North Atlantic
MIDDLETOWN, R.I., Nov. 22, 2010 (GLOBE NEWSWIRE) -- A growing number of commercial and leisure operators are choosing KVH's TracPhone ® V7 and mini-VSAT Broadband SM service, prompting KVH Industries, Inc., (Nasdaq:KVHI) to increase bandwidth in popular regions to meet customer demand. KVH and its partner, ViaSat, Inc., (Nasdaq:VSAT) announced today that they have more than doubled the network's bandwidth capacity in the North Atlantic to ensure outstanding performance, reliable connections, and affordable airtime service to a rapidly increasing customer base.
"Since its launch in late 2007, KVH's mini-VSAT Broadband network has grown steadily and is now a leading choice for satellite communications, particularly among commercial operators. In keeping with KVH's commitment to customer satisfaction, we will continue to invest in the network to support our growing customer base," explains Brent C. Bruun, KVH's vice president for sales and business development. "Mariners who choose to equip their vessels with the TracPhone V7 and mini-VSAT Broadband do so because they trust KVH to provide reliable, affordable satellite communications with unmatched performance. Expansions like this one are just one way that we continue to deliver on our promise, even as the number of customers using the network increases."
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.Please visit http://www.minivsat.com for additional details regarding the TracPhone V7 and mini-VSAT Broadband service and coverage as well as case studies about customers who are using the solution to solve critical maritime communications challenges. 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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV