KVH Industries, Inc., (Nasdaq:KVHI) is pleased to announce the
appointment of Athens-based KB Impuls Hellas S.A. as its new
commercial marine distributor in Greece for KVH's family of
TracPhone® and TracVision® products, as well as the mini-VSAT
BroadbandSM satellite communications service. KB Impuls Hellas
S.A., a member of the DEMCO Group, was incorporated and licensed by
EETT (National Telecommunications Committee) in Greece in 1999 and
has already become the dominant satellite communications player in
the Balkans and the Middle East.
"The connection between KVH and KB Impuls Hellas S.A. is very
strong. I am delighted to work with KVH in the ongoing development
of our maritime businesses," says Gerasimos Bonanos, managing
director of KB Impuls Hellas S.A. "Greece is the world leader in
terms of cargo carrying capacity in the vital trade of commodities
in the energy and dry bulk sectors, with an overall investment of
$50 billion. We are committed to providing outstanding quality to
our Greek-speaking clientele."
KB Impuls Hellas S.A. is one of the largest service providers in
fiber, satellite, and wireless communications solutions in Eastern
and Southern Europe. The company is a leading provider of
technology and service, offering satellite communications, network
services, 24/7 technical support, and best of breed solutions,
including hardware and airtime. A €20 million teleport, which
includes hub equipment for KVH's mini-VSAT Broadband network, is
operated from modern facilities in Athens and Lavrio. KVH
representatives Achilleas Stamatiadis and Andreas Dalmaras will
work closely with KB Impuls Hellas S.A. to bring KVH products and
services to the Greek market.
"We are pleased to name KB Impuls Hellas S.A. as our distributor
in Greece, and to have them manage our mini-VSAT Broadband hub in
Lavrio. Together, we maintain full control of all the traffic going
to and from TracPhone V-series terminals in this important region
of KVH's fully managed mini-VSAT Broadband network," explains Svend
Lykke Larsen, managing director of KVH Industries A/S. "KB Impuls
Hellas S.A. not only understands and operates complex VSAT and
other IT networks, they are also a part of the DEMCO group of
companies, bringing additional value to their customers."
The mini-VSAT Broadband service is unique in that it uses
ArcLight® spread spectrum technology developed by KVH's satellite
technology partner, ViaSat (Nasdaq:VSAT). The spread spectrum
technology enables use of antennas as small as 37 cm for the
Ku-band service and as small as 1 meter for the combined C/Ku-band
coverage. Although significantly smaller, these antennas match the
coverage and speed of much larger maritime VSAT antennas using
older services based on time division multiple access (TDMA)
technology. With onboard equipment as small and affordable as
L-band systems, the power of fast, affordable VSAT service is
rapidly becoming the preferred option for large segments of the
maritime market that were formerly limited to expensive legacy
satellite communications services.
Since launching the mini-VSAT Broadband service in late 2007,
KVH has fielded one of the world's broadest Ku-band VSAT networks,
using 14 Ku-band satellite transponders to provide a seamless web
of multimegabit coverage. The service will soon cover 95% of the
Earth, including all of the oceans bordering southern South
America, with the addition of coverage from three overlayed, global
C-band transponders and a unique dual-mode TracPhone system that
seamlessly switches between C- and Ku-band frequencies. In most
regions, vessels enjoy redundant coverage to assure robust
connectivity.
KVH is the only maritime VSAT provider to manufacture its own
fully integrated onboard terminal and network manager, operate a
global C/Ku-band VSAT network, and provide worldwide 24/7/365
after-sale support. The ability to control every aspect of its
equipment and network has enabled KVH to field the world's premier
global maritime VSAT network. In March 2012, the marketing research
firm Euroconsult reported that KVH leads the maritime VSAT market
for number of customers using its service.
Complete details on KVH's satellite communications and
television products are available at www.tracphone.com and
www.tracvision.com.
Note to Editors: High-resolution, press-ready images of KVH's
TracPhone and TracVision products are available at
http://press.kvh.com for download and editorial use.
About KB Impuls Hellas S.A.
Headquartered in Athens, Greece, and with teleport facilities in
Lavrio, Attica, KB Impuls Hellas S.A. provides a comprehensive
broadband Internet connection and voice service together with HDTV
entertainment services to a diversified global client base of
car-passenger ferries, cruise vessels, yachts, carriers, tankers,
and special vessels. KB Impuls Hellas S.A, established in 1999 and
with an overall investment of €20 million, is the dominant
satellite communications player in the Balkans, Middle East, and
North Africa, offering global communications services, audio/video
broadcasting, teleport facilities, VSAT services, and IP. For more
information, please visit www.kbihellas.com.
About KVH Industries, Inc.
KVH Industries, Inc. is the leading provider of in-motion
satellite TV and communications systems, having designed,
manufactured, and sold more than 150,000 mobile satellite antennas
for applications on vessels, vehicles, and aircraft. In March 2012,
Euroconsult reported that KVH was the market share leader in global
maritime VSAT. KVH's mission is to connect mobile customers around
the globe with the same digital television entertainment,
communications, and Internet services that they enjoy in their
homes and offices. The company is based in Middletown, RI, USA with
facilities in Illinois, Denmark, Norway, and Singapore.
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
materially. Factors that may cause such differences include, among
others, those discussed in KVH's most recent Form 10-K filed with
the SEC. KVH does not assume any obligation to update its
forward-looking statements to reflect new information or
developments.
KVH, TracPhone, and TracVision are registered trademarks of KVH
Industries, Inc. "mini-VSAT Broadband" is a service mark of KVH
Industries, Inc. All other trademarks are the property of their
respective companies.
CONTACT: Jens Gegner Andreasen
KVH Industries A/S
+45 45 160 180
jandreasen@kvh.com
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