MIDDLETOWN, R.I., Dec. 27, 2012 (GLOBE NEWSWIRE) -- Staying ahead of the bandwidth demands for its rapidly growing customer base, KVH Industries, Inc., (Nasdaq:KVHI) has just doubled the capacity of its mini-VSAT Broadband sm network in the busy Caribbean region. The capacity increase was provided as part of the ongoing global network upgrade involving 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 was the second major upgrade to the mini-VSAT Broadband network in less than a month, following the recently announced improvements that increased the capacity in Europe by more than 60%.
"The Caribbean region upgrade is part of our planned expansion to support the increased demand of our rapidly growing customer base," explained Brent Bruun, Executive Vice President of KVH's Mobile Broadband Group. "We are rolling out a new version of our modulation technology that enables us to handle transmissions much more efficiently, thereby increasing the amount of data that our network can carry. Thanks to our end-to-end design approach, we are able to upgrade the software in our large population of fielded TracPhone ® systems over the air, providing a future-proof solution that we continue to improve as we add new features and network enhancements."
Since launching the mini-VSAT Broadband network in 2007, KVH has become one of the world's leading providers of maritime VSAT service. KVH's service differs from competing maritime VSAT services in its use of spread spectrum technology, which enables the use of antennas that are 85% smaller than competing products while still providing fast, high quality service. KVH is also the only maritime satellite service company that designs and manufactures the onboard terminals, owns and operates the satellite service network, and provides round-the-clock global after-sale support providing customers with a total end-to-end solution. Smaller antennas and fully integrated belowdecks equipment are less costly and faster and easier to install, offering significant savings to companies deploying broadband technology to a fleet of vessels.
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