KVH Named Top IT Hardware Company by Leading Business Publications
19 October 2009 - 10:30PM
PR Newswire (US)
Borsen and Computerworld rank KVH the number one hardware
manufacturer in Denmark MIDDLETOWN, R.I., Oct. 19
/PRNewswire-FirstCall/ -- KVH Industries, Inc., (NASDAQ:KVHI)
announced today that its European division recently received two
prestigious rankings from the Danish press. Borsen, the leading
daily business journal in Denmark, ranked KVH Europe A/S the top IT
company of 2009 in the hardware category. Similarly, Computerworld,
a weekly publication specializing in information technology, named
KVH Europe A/S the number one firm in production of IT hardware.
"While the leisure marine market remains our largest market, our
growth strategy is to penetrate and expand our presence in the
commercial marine market. Part of this strategy is to move upwards
in the value chain," said Svend Lykke Larsen, managing director of
KVH Europe A/S. "It is our goal to turn large commercial vessels
into 'offices' on par with the onshore offices of the fleet
operators by building on the capabilities of our global mini-VSAT
Broadband(sm) satellite communications network and integrated
TracPhone® hardware. In doing so, we make it possible for ship
owners and fleet operators to manage their vessels just like they
do with any other department or division that is part of their
corporation." Borsen has ranked the top 200 IT companies in Denmark
annually since 2004 in seven different categories. KVH Europe A/S
was lauded for its proactive strategy to diversify the business and
its ability to effectively combat the economic crisis through the
expansion of their commercial business, achieved mainly through
deployment of the TracPhone V7 satellite communication system and
mini-VSAT Broadband network to commercial fleets. Computerworld
released its list of the top 100 companies in Denmark in four
fields, measured across four parameters. KVH was ranked number one
in the hardware category after evaluation of its efficiency
(measured in growth per employee, profit ratio, growth in turnover,
and ROI) based on key figures from the latest annual accounts. "We
are very pleased to be recognized by these two prestigious
publications for our progress in the commercial market, and for the
excellent quality and service that KVH is known for," said Lykke
Larsen. "It is an honor for KVH to be recognized internationally as
a leader in mobile technology." Please visit
http://www.kvh.com/marinesat to learn more about KVH's
award-winning satellite TV and communications systems for boats.
Note to Editors: High-resolution, press-ready photos of KVH's
satellite TV and communications systems are available at
http://www.kvh.com/press for download and editorial use. About KVH
Industries, Inc. Middletown, RI-based KVH Industries, Inc., is a
leading provider of in-motion satellite TV and communication
systems, having designed, manufactured, and sold more than 150,000
mobile satellite antennas for applications on boats, RVs, trucks,
buses, and automobiles. Winner of the prestigious General Motors
Innovative Design Award, 2 CES Innovation Awards, 33 National
Marine Electronics Association Industry Awards, the DAME Award in
the Marine Electronics category, and a finalist for the Automotive
News PACE Award, KVH's mission is to connect mobile customers with
the same digital television entertainment, communications, and
Internet services that they enjoy in their home and offices. 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.
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
filed with the SEC. KVH does not assume any obligation to update
its forward-looking statements to reflect new information or
developments. KVH and TracPhone are registered trademarks of KVH
Industries. mini-VSAT Broadband is a service mark of KVH
Industries, Inc. All other trademarks are the property of their
respective companies. Available Topic Expert: Svend Lykke Larsen.
For information on the listed expert, click appropriate link. Svend
Lykke Larsen |
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=87608
DATASOURCE: KVH Industries, Inc. CONTACT: Chris Watson, KVH
Industries, +1-401-845-8138, Web Site: http://www.kvh.com/
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