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Technology Stocks : KVH Industries, Inc.
KVHI 12.450.0%Oct 17 8:10 PM EDTNews

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To: david james who started this subject1/13/2003 7:39:26 AM
From: Sector Investor  Read Replies (1) of 6936
 
Newell Coach to Offer KVH TracVision LF Satellite TV System on Every New Vehicle

MIDDLETOWN, R.I., Jan. 13 /PRNewswire-FirstCall/ -- KVH Industries (Nasdaq: KVHI) announced today that Oklahoma-based Newell Coach Corporation is now offering the TracVision LF in-motion satellite TV system as standard equipment aboard all new Newell coaches. Newell Coach joins other leading recreational vehicle and motorcoach manufacturers in offering the family of award-winning TracVision satellite TV antennas as either standard or optional equipment, reflecting a growing demand among RV and coach owners for full service satellite TV services.

"Newell Coach has built an outstanding reputation for its commitment to quality and innovation in its coaches, a commitment that is matched by KVH and its TracVision LF satellite TV system," commented Ian Palmer, KVH vice president of satellite sales. "Mobile satellite television is clearly an amenity that coach owners not only desire but require aboard their new vehicles. We look forward to working with Newell Coach to bring outstanding performance and digital satellite TV entertainment to their discerning customers."

Newell Coach Corporation (www.newellcoach.com) has been building luxury Class A motorcoaches since 1967, when L.K. Newell acquired Streamline's motorhome division. The firm, based in Miami, Oklahoma, has been a leading innovator in motorcoach design, pioneering such advancements as the first rear-engine and diesel motorhomes. The addition of TracVision LF will enable all Newell coach owners to enjoy premier satellite TV entertainment wherever they travel.

"We are very pleased to include the KVH TracVision LF as standard equipment," stated Boyd Vanover, Newell's vice president of engineering. "State-of-the-art audio/video is very important to our clients, and KVH offers in-motion capability that is critical to the mobile environment."

TracVision LF is a fully stabilized in-motion satellite TV system designed specifically for OEM integration and easy factory installation. It is compatible with the DIRECTV(R) and DISH Network(TM) services and provides access to more than 300 channels of digital satellite TV programming and more than 50 channels of commercial-free music wherever the vehicle drives throughout the continental United States.

Complete information about all of KVH's mobile satellite TV systems can be found at www.tracvision.com. High-resolution photos of TracVision systems and a Newell Coach have been provided in the News section of the company web site, www.KVH.com.

KVH Industries, Inc., designs and manufactures products that enable mobile communication, navigation, and precision pointing through the use of its proprietary mobile satellite antenna and fiber optic technologies. The company is developing next-generation systems with greater precision, durability, and versatility for communications, navigation, and industrial applications. An ISO 9001-registered company, KVH has headquarters in Middletown, Rhode Island, with a fiber optic manufacturing facility in Tinley Park, Illinois, and a European sales, marketing, and support office in Hoersholm, Denmark.

KVH Industries Contact:

Chris Watson, Communications Coordinator

401-847-3327

cwatson@kvh.com

Investor Relations Contact:

Phil Davidson or Jolinda Taylor

FD Morgen-Walke

617-747-3600 SOURCE KVH Industries, Inc.

-0- 01/13/2003

/CONTACT: Chris Watson, Communications Coordinator of KVH, +1-401-847-3327, cwatson@kvh.com; or Investor Relations: Phil Davidson or Jolinda Taylor of FD Morgen-Walke, +1-617-747-3600/

/Web site: newellcoach.com
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