KVH Named Top IT Hardware Company by Leading Business Publications

Mon Oct 19, 2009 7:30am EDT
 
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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 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 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






SOURCE  KVH Industries, Inc.

Chris Watson, KVH Industries, +1-401-845-8138, cwatson@kvh.com

 

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