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To: david james who started this subject5/14/2002 8:24:40 AM
From: Roy F
   of 6947
 
U.S. Military Selects KVH Fiber Optic Gyros for Stinger and ITAS Training Simulators

KVH E-Core(R) FOGs Now Providing Real-time Image Synchronization for Three Leading U.S. Weapons Training Simulators

MIDDLETOWN, R.I., May 14 /PRNewswire-FirstCall/ -- KVH Industries (Nasdaq: KVHI - News) announced today that its fiber optic gyros (FOGs) have been selected by the U.S. military to provide motion tracking, visual stabilization, and image synchronization for the Stinger and Improved Target Acquisition System (ITAS) training simulators. KVH gyros will be used to upgrade existing Stinger shoulder- and tripod-mounted simulators while the tripod- or vehicle-mounted ITAS simulator is an entirely new system. These orders mark the most recent selection of KVH gyros for defense-related, virtual reality simulators. KVH currently supplies FOGs for use in the Javelin Basic Skills Trainer, an order that was originally announced in November 2000.

"The use of virtual reality-based simulators offers an invaluable yet cost-effective training tool for the men and women in our armed forces," remarked Jay Napoli, KVH's director of FOG/OEM sales. "These latest orders illustrate the recognition that KVH gyros, with their precise and instant measurement of platform motion, are the ideal solution for visual synchronization. By measuring even the slightest movement and relaying this data to the simulator's computer, KVH FOGs allow the simulator's virtual image to correspond exactly to a solider's motion. As a result, soldiers can interact with a realistic battle scenario and gain expertise in the use of the missile systems without incurring the costs of live firing actual missiles."

The Stinger, ITAS, and Javelin simulators are designed to operate in the same way as the actual missile launchers. A digitized battlefield is displayed in the simulator's targeting scope and, as the soldier moves the simulator to track and fire on a potential target, the battlefield image moves correspondingly, offering a realistic battlefield environment. At the same time, the instructor can view and influence the same virtual image on a computer screen to vary the timing and types of targets while monitoring and evaluating a trainee's performance.

"Contrary to what you might see in the movies, the Javelin anti-armor, Stinger ground-to-air, and ITAS anti-tank missile systems are complex weapons that are not simply hoisted to your shoulder, pointed at a target, and fired," Napoli explained. "By carrying out training with these simulators, which look, feel, and act like the real thing, U.S. soldiers can be trained to a very high degree. Virtual reality simulators like these have been shown to significantly increase the percentage of successful hits during live fire exercises."

E-Core FOGs use KVH's proprietary polarization-maintaining optical fiber and fiber components and are highly reliable systems with no moving parts to wear out or require maintenance. FOGs provide extremely precise rotational rate information by measuring the phase difference between two paths of light traveling in opposite directions through an optical fiber. Their precision results in part because of their lack of cross-axis sensitivity to vibration and acceleration. KVH FOGs also have low noise and high bandwidth, essential to motion tracking and image stabilization applications. Currently, KVH Industries' FOGs are fielded in a wide array of defense-related applications ranging from optical, radar, and antenna aiming systems to battlefield tactical navigation systems and turret stabilization.

KVH Industries Inc., designs and manufactures products that enable mobile communication, defense navigation, and direction sensing 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 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
Morgen-Walke Associates
617-747-3600

Financial Media Contact:
Ron Heckmann
Morgen-Walke Associates
415-296-7383

SOURCE: KVH Industries

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To: Roy F who wrote (1150)5/14/2002 8:44:47 AM
From: robert b furman
   of 6947
 
Hi Roy,

Good news - but what I really want for Christmas is a Defense contractas a second source for Jdam bombs DSP5000 Fogs.

I don't want to be greedy but lets say 10% of the annual 2.8 billion business = 280 million or a ten fold of sales dollars ata "rich" military margin.

When and IF that announcement occurs say hello to 20's.

Hey everybody has to have a dream.gg

Bob

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To: robert b furman who wrote (1151)5/14/2002 9:16:48 AM
From: Roy F
   of 6947
 
Hi Bob,

Agreed, although the man-held and vehicle mounted side of the equation isn't a bad start. With KVH's track record with the military, your dream may soon come true. gg

(Soon, of course, is a relative term)

Regards,

Roy

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To: Roy F who wrote (1152)5/14/2002 11:10:34 AM
From: robert b furman
   of 6947
 
Hi Roy,

The more they do and their reliability becomes a common denominator - the sooner they will be accepted in other applications.

I remember when I went to their communications assembly line and I asked the production manager how they handled a warranty problem.- the poor guy vapor locked with a hollow look on his face as he said "We've never had that happen.

Ah the joys of ISO 9001.

The Military must be learning this on a daily basis.

The news is good - the progress is steady - the rewards will be exceptional.

All it takes is Patience - see how easy investing is??gg

Good to hear from you and as always thanks for the prompt posting of great news.

Bob

Have you noticed the daily larger blocks of stock beginning to trade i.e. 4000 shares @ 7.51 today @ 9:59

Institutional accumulation I suspect.

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To: robert b furman who wrote (1153)5/14/2002 1:00:54 PM
From: Roy F
   of 6947
 
<<Institutional accumulation I suspect.>>

Probably you or Sector loosening the purse strings.... ggg

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To: Roy F who wrote (1150)5/15/2002 3:40:35 AM
From: RobertSheldon
   of 6947
 
Why is KVH only involved with the simulators at this time (your best guess)? What are the technological connections between the simulator and the real deal? What events must take place for KVH to also get a piece of the Boeing kits? Has anyone contacted Boeing to learn about their time tables . . .

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To: RobertSheldon who wrote (1155)5/15/2002 7:20:18 AM
From: Sector Investor
   of 6947
 
KVH makes gyros and sensors. The simulator needs a gyro, the "real deal" does not. The simulator has to coordinate motion with the video display that is shown to simulate the real thing.

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To: RobertSheldon who wrote (1155)5/15/2002 7:47:32 AM
From: Sector Investor
   of 6947
 
<<What events must take place for KVH to also get a piece of the Boeing kits?>>

I view it as the process of:

1) developing an IMU (which incorporates 3 gyros and 3 accelerometers) with comparable specs and price to the one currently used in the kits,
2) undergoing a series of successful tests,
3) becoming an "approved" secondary source, and
4) being able to deliver product.

The picture of their IMU with an "in development" banner has been on their website since last November.
kvh.com

Per the Q1 CC, they will be able to do #1, have undergone at least one successful test (#2), and can provide product (#4) quickly after approval.

That leaves finishing the testing and receiving approval. A close read of the CC transcript indicates a second source is actively being sought, and has urgency, which could expedite the approval process. Their chances should be good. If you investigate the competing gyro technologies, the current one used is ring-laser gyros (mechanical parts), a mature product where intense effort has been made over the years to get the price down to the current range. KVH says their DSP-5000 FOG gyro (no moving parts) represents a "breakthrough" in FOG technology that takes their specs into the accuracy range needed for smart munitions, and they claim they can beat or match the current price.

The Q1 CC transcript:

Message 17396999

Message 17397004

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To: Sector Investor who wrote (1156)5/15/2002 8:52:27 AM
From: Sector Investor
   of 6947
 
Let me correct my previous post. I think the stinger needs a gyro, but not a high performance one. Probably a lower price/performance one. I'm doing further research.

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To: Sector Investor who wrote (1157)5/15/2002 2:49:56 PM
From: RobertSheldon
   of 6947
 
Thank you for your thoughts.

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