Global Ship Manager Nordic Hamburg Selects KVH AgilePlans Program for VSAT Connectivity on its Vessels
19 June 2018 - 5:00PM
KVH Industries, Inc., (Nasdaq:KVHI), announced today that global
ship manager Nordic Hamburg has chosen KVH’s new advanced
TracPhone® V7-HTS antenna equipment and the AgilePlansTM
subscription-based Connectivity as a Service (CaaS) program to
bring fast, global connectivity to its vessels. Installations for
13 vessels have been completed, with plans for an additional 12
through 2018.
“The AgilePlans program provides the highest flexibility for our
fleet and we were also attracted to KVH’s global coverage,
CommBoxTM network management solutions, fast data speed, and the
great crew welfare services that are included,” says Jacobus
Varossieau, operations & insurance manager for Nordic
Hamburg. “We are very pleased to have found a solution that enables
us to offer our customers exceptional value and connectivity. This
applies to both our operational efficiency as well as offering our
valued crew fast, effective, and reliable communications. In
addition, KVH has provided excellent ongoing support and we now
have a service that helps us future-proof our shipboard
communications in line with today’s digital demands.” The
AgilePlans program provides equipment and airtime for one simple
monthly fee, with no commitment; installation at select ports and
global tech support are also included, as well as NEWSlinkTM TV and
NEWSlink Print news, sports, and entertainment content delivered
via KVH’s IP-MobileCastTM content delivery service. The TracPhone
V7-HTS is a 60-cm Ku-band satellite communications antenna that
utilizes high throughput satellite (HTS) technology, with
connectivity from KVH’s mini-VSAT Broadbandsm network. By providing
download speeds up to 10 Mbps and upload speeds up to 3 Mbps, the
TracPhone V7-HTS helps vessels benefit from marine applications for
improving operational efficiency. Each TracPhone V7-HTS includes a
belowdecks Integrated CommBox Modem (ICM) with built-in capability
for onboard network management solutions. “We take great pride in
building strong bridges with our customers, offering reliability,
accountability, and support,” says Rob Parkin, maritime sales
director for KVH. “This is a recipe to providing a very powerful
service experience that fulfils our customers’ communications and
business expectations.” “The innovative commercial model offered by
AgilePlans along with the unique unlimited-use and high-speed dual
channels of the TracPhone V7-HTS give our customers a competitive
edge in today’s demanding maritime industry,” says Thomas Plüschau,
KVH’s regional sales manager for Germany. “We help customize a
solution to each customer’s requirements in terms of data volume,
speed, complexity, and budget.” KVH is a mobile tech innovator that
provides connectivity solutions for commercial maritime, leisure
marine, and land mobile applications on vessels and vehicles,
including the award-winning TracPhone and TracVision® product
lines, the global mini-VSAT Broadband network, and AgilePlans
Connectivity as a Service (CaaS). The company’s Videotel™ business
is a market-leading provider of training films, computer-based
training, and eLearning for the maritime industry, and its KVH
Media Group provides news, sports, and entertainment content with
such brands as NEWSlink and SPORTSlink™.
For more information about KVH’s subscription-based connectivity
solution for commercial maritime fleets, please visit the
AgilePlans website, kvh.com/agileplans. Note to
Editors: High-resolution images of KVH products are available at
the KVH Press Room Image Library,
kvh.com/Press-Room/Image-Library.
About KVH Industries, Inc.KVH Industries, Inc.,
is a global leader in mobile connectivity and inertial navigation
systems, innovating to enable a mobile world. A market leader in
maritime VSAT, KVH designs, manufactures, and provides connectivity
and content services globally. KVH is also a premier manufacturer
of high-performance sensors and integrated inertial systems for
defense and commercial applications. Founded in 1982, the company
is based in Middletown, RI, with research, development, and
manufacturing operations in Middletown, RI, and Tinley Park, IL,
and more than a dozen offices around the globe.
This press release contains forward-looking
statements that involve risks and uncertainties. For example,
forward-looking statements include statements regarding the success
of our new initiatives; our anticipated revenue and the impact of
our future initiatives on revenue; competitive positioning,
profitability and service orders; expected data speeds over our
network and the expected level of coverage availability. Actual
results could differ materially from the forward-looking statements
made in this press release. Factors that might cause these
differences include, but are not limited to: the uncertain duration
of the adverse impact on our overall revenues of our AgilePlans,
under which we recognize no revenues for product sales, either at
the time of shipment or over the contract term; delays in the
receipt of anticipated AgilePlans service orders; the potential
failure of such AgilePlans orders to occur at all and the
customer’s ability to cancel AgilePlans anytime; increased costs
arising from the new HTS network; potential levels of customer
demand for data services beyond our current expectations, which
could exceed system capabilities in certain regions; and potential
unforeseen costs or expenses of providing the products and services
included in AgilePlans. Our risk factors are discussed in more
detail in our Annual Report on Form 10-K filed with the Securities
and Exchange Commission on March 2, 2018. Copies are available
through our Investor Relations department and website,
investors.kvh.com. We do not assume any obligation to update our
forward-looking statements to reflect new information and
developments.
KVH Industries, Inc. has used, registered, or
applied to register its trademarks in the U.S.A. and other
countries around the world, including but not limited to the
following marks: KVH, TracPhone, AgilePlans, CommBox, NEWSlink,
IP-MobileCast, mini-VSAT Broadband, TracVision, Videotel, and
SPORTSlink. All other trademarks are the property of their
respective companies.
For further information, please
contact:Jill ConnorsMedia Relations & Industry Analyst
ManagerKVH Industries, Inc.Tel: +1 401 851 3824jconnors@kvh.com
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