Today at London International Shipping Week, KVH Industries, Inc.,
(Nasdaq:KVHI), is introducing the second generation of its
mini-VSAT BroadbandSM solution. The new offering is designed to
transform the maritime VSAT market with an unparalleled combination
of data delivered at the network’s highest speeds, lower price
points than previous airtime plans, and the content, tools, and
support to optimize broadband effectiveness.
The expanded service, mini-VSAT Broadband 2.0, encompasses
rugged, reliable antennas and other hardware, flexible airtime
options, extensive operations and entertainment content, innovative
content delivery, and comprehensive support – all available from a
single global provider.
“Other satellite communications providers respond to increasing
broadband demand by simply increasing airtime rates. We knew there
was a better solution,” says Martin Kits van Heyningen, chief
executive officer of KVH. “We provide maritime customers with
affordable, usage-based plans at the data speeds they need to take
advantage of new cloud-based applications for improving operational
efficiency – and we give them the tools they need for bandwidth
management by user and vessel.”
New features of KVH’s mini-VSAT Broadband 2.0 solution, which
will be available on October 1st, include:
- New Airtime Rate Plans: Usage-based plans, designed around each
ship’s monthly requirements for operational and crew data, deliver
data at maximum speeds on the network at every price point. In some
cases, the top downlink speed of 4 Mbps is 15 times faster than
previous plans, while the cost has been reduced by one third.
- myKVHTM Network Management Portal: This secure portal enables a
ship operator to manage network usage by vessel or by individual
crew members, allocate operational and crew data, and receive
customized usage alerts by email and SMS text message.
- KVH OneCareTM: This comprehensive global customer support
program covers application engineering, solution deployment, and
operating support, with KVH as the single point of contact. The
program is designed to minimize lifecycle costs and maximize
service availability, and features an enhanced standard warranty
covering parts and labor for two years for all KVH mini-VSAT
Broadband antenna systems.
- News and Sports Content Packages: New entertainment content
packages are designed to make news and sports programming more
accessible to more subscribers via KVH’s IP-MobileCastTM content
delivery service.
“Ever since we launched the original mini-VSAT Broadband service
in 2007, we have been leading the industry in innovative
solutions,” says Brent Bruun, executive vice president of mobile
broadband for KVH Industries, and a speaker at the London briefing.
“Already, more ships rely on KVH’s mini-VSAT Broadband network than
the next two VSAT providers combined*, and our growing customer
base and satellite capacity are testimony to our forward
thinking.”
The new features bolster KVH’s leading solution, which includes:
global connectivity from the maritime industry’s most extensive
C/Ku-band satellite network; a global private terrestrial and MPLS
network for enhanced data security; compact yet powerful TracPhone®
V-IP series systems designed exclusively for the mini-VSAT
Broadband network; and affordable delivery of gigabytes of the
content needed onboard vessels today via IP-MobileCast, KVH’s
unique content delivery service. KVH’s IP-MobileCast takes
advantage of one-to-many multicast efficiency to deliver up to 500
GB of operations and entertainment content per month to vessels
without impacting the vessel’s data plan, bandwidth, or network
performance.
“Competitive market factors make it clear that the maritime
industry needs to change how it thinks about connectivity and its
impact on competitiveness and profitability,” says Mr. Kits van
Heyningen. “KVH’s mini-VSAT Broadband 2.0 is the only complete
satellite communications solution that helps maritime enterprises
meet their complex operational requirements, while providing
affordable communications and engaging content for their onboard
personnel.”
Note to Editors: A video recording of today’s briefing at
London International Shipping Week can be accessed
at www.kvh.com/lisw. For more information, please visit the
mini-VSAT Broadband 2.0 website,
www.minivsat.com/one. High-resolution images of KVH products are
available at the KVH Press Room Image Library,
www.kvh.com/press-room/image-library.
*COMSYS Maritime VSAT Report, 4th Edition, March 2015
About KVH Industries, Inc.KVH Industries is a
leading provider of in-motion satellite TV and communications
systems, having designed, manufactured, and sold more than 175,000
mobile satellite antennas for applications on vessels, vehicles,
and aircraft. KVH is also a leading news, music, and entertainment
content provider to many industries including maritime, retail, and
leisure. VideotelTM, a KVH company, is the market-leading provider
of training films, computer-based training and e-Learning. KVH is
based in Middletown, RI, with research, development, and
manufacturing operations in Middletown, RI, and Tinley Park, IL.
The company’s global presence includes offices in Belgium, Brazil,
Cyprus, Denmark, Hong Kong, Japan, the Netherlands, Norway,
Singapore, and the United Kingdom.
This press release contains forward-looking
statements that involve risks and uncertainties. For example,
forward-looking statements include statements regarding the timing
and occurrence of new product and service rollout plans; the
functionality, characteristics, quality and performance of KVH’s
products and services; anticipated innovation and product
development; and customer preferences, requirements and
expectations. The actual results could differ materially from the
statements made in this press release. Factors that might
cause these differences include, but are not limited to: potential
unanticipated technical or legal impediments that could delay or
impede new product and service rollout plans; the impact of
extended economic weakness and high fuel prices on the sale and use
of motor vehicles and marine vessels; the need to increase sales of
the TracPhone V-IP series products and related services to improve
airtime gross margins; the need for, or delays in, qualification of
products to customer or regulatory standards; unanticipated
declines or changes in customer demand, due to economic, seasonal,
and other factors, particularly with respect to the TracPhone V-IP
series, including with respect to new pricing models; recent
increases in airtime termination rates and lower unit sales in our
mobile broadband business; increased price and service competition
in the mobile communications market; and unanticipated expenses
associated with the launch of the IP-MobileCast service. These and
other factors are discussed in more detail in KVH’s most recent
quarterly report on Form 10-Q filed with the SEC. KVH does not
assume any obligation to update its forward-looking statements to
reflect new information and developments, except as required by
law.
KVH, myKVH, KVH OneCare, IP-MobileCast,
TracPhone, and Videotel are trademarks of KVH Industries, Inc.
mini-VSAT Broadband is a service mark of KVH Industries, Inc.
For further information, please contact:
Jill Connors, Media & Communications Manager
KVH Industries, Inc.
Tel: +1 401 851 3824
jconnors@kvh.com
or
Phil Page, Elaborate Communications
Tel: +44 (0) 1296 682104
ppage@elabor8.co.uk
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