MIDDLETOWN, R.I., April 30, 2020 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI), announced today that beginning June 1, it will add the Mediterranean region, a premier superyacht destination, to its KVH Elite™ service for unlimited HD-quality streaming onboard yachts. The dedicated service, which includes no overages or data limits, was initially launched last October in the Caribbean, where it was well-received by both private and charter yachts.
KVH will continue to offer KVH Elite in the Caribbean—including Florida, the Caribbean, and the islands of the eastern Caribbean—in addition to beginning service in the Mediterranean, including the Adriatic Sea and the Black Sea. The Mediterranean yachting season begins in June and has historically attracted superyachts not only from Europe but also from the Caribbean, although global travel restrictions may prompt many yachts currently in the Caribbean to remain there for the balance of the year.Note to Editors: For more information about KVH Elite unlimited VSAT streaming, please visit the website, kvh.com/unlimitedstreaming. 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 expected benefits to KVH customers of the unlimited VSAT streaming service; the expected data speeds over KVH’s mini-VSAT Broadband HTS network; the expected pricing of the new services; the expected level of coverage availability; and the ease of using the new service. 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: unanticipated technical and other challenges that arise with the services; capacity availability to support simultaneous terminals and/or users; unanticipated technical, legal, and regulatory delays with the services; customer and strategic partner responses; potential future changes to the pricing or other terms; and potential unforeseen costs or expenses of providing the products and services. These and other factors are discussed in more detail in KVH’s Form 10-K filed with the SEC on February 28, 2020. Copies are available through its Investor Relations department and website, https://ir.kvh.com. KVH does not assume any obligation to update 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, KVH Elite, TracPhone, mini-VSAT Broadband, TracVision, AgilePlans, NEWSlink, and SPORTSlink. All other trademarks are the property of their respective companies.For further information, please contact:
Jill Connors
Media Relations & Industry Analyst Manager
KVH Industries, Inc.
Tel: +1 401 851 3824
jconnors@kvh.com
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