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TheStreet Open House

KVH More Than Doubles Mini-VSAT Broadband Network Capacity In Brazil And Africa

Stocks in this article: KVHI

MIDDLETOWN, R.I., April 3, 2013 (GLOBE NEWSWIRE) -- In the latest stage of its ongoing expansion of the global mini-VSAT Broadband sm network , KVH Industries, Inc., (Nasdaq:KVHI) has more than doubled the network's capacity in the Brazilian and African regions. 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 third major capacity increase in less than five months, following upgrades in the Caribbean and EMEA regions in late 2012.

"Brazil and Africa are key regions for our customer base, as they are important for both the shipping and oil and gas industries," explains Brent Bruun, executive vice president of KVH's mobile broadband group. "The new VCSM technology enables us to handle transmissions much more efficiently, increasing the amount of data that our network can carry, which is important for both safety and business operations onboard. Thanks to our unique, end-to-end design, we can upgrade the software for our large base of fielded TracPhone ® V-series systems over the air. This is a future-proof solution that we will continue to improve, adding new features and network enhancements that provide tangible benefits to mini-VSAT Broadband subscribers."

Since launching the mini-VSAT Broadband network in 2007, KVH has become the #1 provider 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 the Earth station equipment, leases the satellite capacity, manages the network, and provides round-the-clock global after-sale support for a total end-to-end solution. Smaller antennas and fully integrated belowdecks equipment are generally less costly and faster and easier to install, offering significant savings to companies deploying broadband technology to a fleet of vessels.

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