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To: robert b furman who wrote (249)1/19/1999 7:45:00 AM
From: Roy F
   of 6936
 
Accumulate! Accumulate! The return on investment could be great.

I agree. I've already increased my position by 3x. It won't stay at a dollar for long.

Roy

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To: robert b furman who wrote (249)1/21/1999 12:43:00 PM
From: Roy F
   of 6936
 
KVH Hits the Road with Low-Cost TV System For RVs,SUVs and Other Vehicles on the Move

January 21, 1999 12:07 PM
MIDDLETOWN, R.I.--(BUSINESS WIRE)--Jan. 21, 1999--KVH Industries, Inc. KVHI has entered the land mobile television market with a newly designed, low-cost system that delivers direct broadcast satellite (DBS) programming to a range of recreational and other vehicles travelling the roads of North America. TracVision(R) LM, which is being introduced this month at a number of U.S. trade shows, provides drivers and passengers with continuous satellite television reception whether a vehicle is on the road or at rest.

TracVision LM is an effective, reliable and affordable system that maintains satellite contact in mobile environments by sensing vehicle motion and automatically adjusting the antenna position. Prior to the development of TracVision LM, the most affordable and commonly used options for recreational vehicles and motor coaches in the United States were self-acquiring or crank-up units that could receive satellite television only while the vehicles were at rest.

"KVH was able to meet the challenge of delivering cost-effective, stable, in-motion satellite reception for land vehicles by building upon our experience in designing stabilized television and telephone systems for the marine industry, where we are a world leader for such products," said Martin Kits van Heyningen, president and CEO. "We believe there is significant revenue potential for KVH in expanding into the land mobile market, where the demand for on-the-road entertainment is growing rapidly."

In the U.S. alone, an estimated 250,000 RVs are equipped to receive satellite TV, predominantly for non-mobile use. Van and minivan manufacturers now offer a variety of video entertainment systems for watching movies and playing video games. Mobile "offices" are featuring fax, TV, VCR, cell phone and laptop capabilities. TracVision LM interfaces with these systems through receivers that provide access to satellite TV and music from DIRECTV(R) and the DISH(TM) Network. KVH expects to add broadcast Internet access in the near future for real-time news, stock market data and weather information.

The proprietary sensor and software technologies KVH has incorporated into TracVision LM function automatically to acquire satellite contact, maintain pointing with 1(Degree) accuracy and actively track satellite signals at rates exceeding 30(Degree) per second. This level of performance is more than adequate for uninterrupted in-motion DBS reception.

"TracVision LM raises the bar for flexibility and features in the land mobile market, which includes RVs, SUVs, vans, minivans, motor coaches, buses, trains, and long-haul trucks," said Jim Dodez, vice president of marketing and sales support. "KVH is ideally positioned to enter this huge, relatively untapped market with a product that is priced 40 percent lower and is more reliable and adaptable than its nearest competitor."

TracVision LM is the smallest in-motion land system available and retails for $2,995 (not including TVs, receivers or installation). The system weighs about 33 pounds with all components inside a flush-mount antenna dome that can be easily installed in approximately two hours on vehicles pre-wired with power and RF cables. Nationwide service is available through an established support network. Beginning this month, KVH is demonstrating TracVision LM at RV shows throughout the U.S., including the Houston Motor Coach Expo in Texas from January 24-26 and the Quartzsite RV Expo in Arizona from January 30 to February 8. The company expects to begin shipping product by late February.

KVH Industries, Inc. manufactures and markets digital navigation systems and mobile satellite communication products for use in commercial, military, and marine applications. The company's headquarters are in Middletown, RI, and additional offices are located in Hoersholm, Denmark, Tinley Park, Illinois, and St. Petersburg, Florida.








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To: Roy F who wrote (251)1/22/1999 1:20:00 AM
From: Step1
   of 6936
 
I can see some further developments down the road
but at 33 pounds and 3000 usd not including taxes me dont think it will be a hit...

The internet options when they come and if the price is right could be pretty good for fleet operators and other commercial users though.

Always wondered why people cant be away from their tvs even on the road...

sg

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To: Step1 who wrote (252)1/22/1999 9:10:00 AM
From: Roy F
   of 6936
 
sg, my guess would be that this is, of course, the initial thrust into the market... targeted at the larger vehicles that won't be effected by the size of the unit.

As the evolution of tech devices usually goes, both the size and price reduce over time. The need to maintain/improve their technology and reduce the size/price is the key, IMO.

This is just the first step. Nice to hear from KVH!

Roy

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To: david james who wrote ()1/29/1999 9:31:00 AM
From: Roy F
   of 6936
 
Insider buys, 3 exercised options at the end of the year for about 8,000 shares at 1.04. Not much, but a positive.

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To: david james who wrote ()2/3/1999 8:31:00 AM
From: Roy F
   of 6936
 
Earnings report on 2/25 after the close. <eom>

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To: Roy F who wrote (255)2/12/1999 9:34:00 AM
From: Roy F
   of 6936
 
Marriage of KVH's TracVision and GyroTrac Promises to Set Standard for Stable TV at Sea

February 12, 1999 09:06 AM
MIDDLETOWN, R.I.--(BUSINESS WIRE)--Feb. 12, 1999--KVH Industries, Inc. KVHI has brought together its best-selling stabilized antenna and its most-advanced marine gyro sensor to produce an ultra-quiet mobile TV system that is the smallest in the industry. TracVision(R) 3 is the offspring of a match between two NMEA award-winning KVH designs, TracVision II and the company's Azimuth(R) Digital Gyro Compass system.

Of several new features, the most important is the integration of Azimuth(R) GyroTrac(TM), an earth-referenced gyro sensor that permits TracVision 3 to acquire and reacquire satellite signals even in heavy sea conditions. KVH recently introduced GyroTrac as the successor to the company's Azimuth Digital Gyro Compass, which the National Marine Electronics Association (NMEA) named the Best Gyro Compass of 1998. As a result of its software compatibility with NMEA standard outputs, GyroTrac can interface with virtually all other on-board navigation systems, including autopilots and radar, in addition to providing the earth-referenced attitude and azimuth data required to point the TracVision 3 antenna accurately. GyroTrac also interfaces with GPS to calculate True North.

"TracVision 3 represents the merger of two core KVH technologies, gyro sensors and unique robotic pointing mechanisms, where our innovation consistently leads to significant advances in marine satellite broadcast and communication products," said Martin Kits van Heyningen, president and CEO. "We believe that the features and quality built into this newest member of our communications family establishes an industry standard and that the navigation enhancement will make it even more popular than TracVision II."

TracVision II has been the most popular in-motion satellite television system ever in the marine market. During its first year on the market it earned the prestigious 1998 NMEA Product Award for Best Satellite Television System. Like its predecessor, TracVision 3 features a 19" diameter dome, the smallest in the market, and is completely compatible with DIRECTV(R), the DISH(TM) Network, and all leading brands of receivers for DBS signal reception off the shores of North America. Dual LNB outputs allow users to watch as many different channels as they have receivers and also to access, through either a TV or computer, broadcast services for weather information, financial data and news.

TracVision 3's new Whisper Drive(TM) provides quiet, reliable performance in all sea conditions and a unique digital data link with the satellite signal receiver provides automatic satellite tracking. An LCD user interface allows mariners to monitor signal status based on feedback from the direct broadcast satellite (DBS) receiver unit as well as the robotic pedestal.

KVH offers a version of TracVision 3 that is designed for moderate sea conditions and uses an integrated rate gyro to track antenna movement in lieu of the external GyroTrac unit that can maintain satellite contact in virtually any open-water environment. The integrated gyro system provides the same DBS services as TracVision 3 with GyroTrac, and is designed to be fully compatible with GyroTrac so an upgrade to the any-weather, all-conditions system can be made at the user's discretion. An established, widespread network of dealers supports both TracVision 3 systems and KVH offers the best warranty in the industry.

KVH Industries, Inc. manufactures and markets digital navigation systems and mobile satellite communication products for use in commercial, military and marine applications. The company's headquarters are in Middletown, Rhode Island, and its other offices are in Hoersholm, Denmark, Tinley Park, Illinois, and St. Petersburg, Florida.





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To: david james who wrote ()2/25/1999 4:15:00 PM
From: Roy F
   of 6936
 
KVH Announces 1998 Financial Results

February 25, 1999 04:05 PM
MIDDLETOWN, R.I.--(BUSINESS WIRE)--Feb. 25, 1999--KVH Industries, Inc. KVHI today announced financial results for the company's fourth quarter and fiscal year ending December 31, 1998. During the 1998 fourth quarter, a 14 percent growth in communications sales was offset by a 42 percent decline in navigation sales and total quarterly revenues of $4.7 million were down 31 percent from $6.9 million in the 1997 fourth quarter. The net loss for the quarter was $1.4 million or 19 cents a share compared to a profit of $191,000 or 3 cents a share in the 1997 quarter.

Total revenues for fiscal 1998 were $20.6 million, a 19 percent decrease from $25.6 million in 1997. Communications sales increased 27 percent in 1998 to $6.6 million over $5.2 million in 1997 as growth in direct sales of turnkey mobile satellite systems continued to supplant previous non-recurring OEM sales. This growth is particularly notable because 1998 is the first full year of direct sales to this market and the company's 1997 communications revenues included $3.0 million in sales to American Mobile Satellite Corporation, a major OEM customer. Navigation sales for the 12 months decreased 31 percent in 1998 to $14.0 million from $20.3 million in 1997. The drop in navigation revenues is attributable to a decline in military orders. Net loss for fiscal 1998 of $2.3 million or 32 cents a share compared with a profit of $2.2 million or 30 cents a share in 1997.

"We are experiencing a short-term, adverse impact on our financial results due to a number of constructive changes instituted in 1998 to build long-term market share for both our current and new products," said Martin Kits van Heyningen, president and CEO. "However, I am pleased to report that we already have significant improvements from our re-engineering, including operations improvements and new products with good revenue potential."

The company is investing major funds to integrate fiber optic technology into existing product lines, develop new FOG products and expand FOG manufacturing capabilities. Fiber optic development is a key element in the company's new strategy and the ongoing investment is designed to position KVH long term for competing in the core markets where its sensor products compete. The company believes that fiber optic-based product revenues will begin to accelerate in late 1999 and contribute to improving earnings results.

KVH Industries utilizes its proprietary fiber optic, autocalibration and sensor technologies to produce navigation and mobile satellite communications systems for commercial, military and marine applications. The company has headquarters in Middletown, RI, (USA) with offices in Illinois, Florida and Denmark.


This press release contains certain forward looking statements that involve risks and uncertainties. The actual results realized by the Company could differ materially from the statements made herein. Factors that might cause such differences include, but are not limited to: competing products and technologies; implementation of mobile satellite communications technology; market potential and penetration; reliability of outside vendors, service providers and products; regulatory issues; maintaining appropriate inventory levels; disparities between forecast and realized sales; and design delays and defects. Additional factors are discussed in the company's Annual Report on Form 10K filed with the Securities and Exchange Commission on March 25, 1998. Copies are available from the company's Corporate Communications Department.


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To: Roy F who wrote (257)3/5/1999 9:11:00 AM
From: robert b furman
   of 6936
 
Hi Roy,

Big volume several days ago and my T.C. Worden software shows Kvhi on a huge reversal.Shows that perhaps the seller has left and some buying pressure will drive price higher.This may be the bottom and we are due for a pop.

Thanks for good info on this neat stock

Bob

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To: robert b furman who wrote (258)3/11/1999 7:09:00 PM
From: Roy F
   of 6936
 
An up tick!

Hi Bob,

I have received a tape of the conference call for last quarter's earnings announcement. I'll post a summary in the next few days. An e-mail from Alice Andrews at KVH IR in response to my question as to whether she had anything she'd like to add to the information on the tape:

The only additional comment I might make is that TracVision LM
orders
are significantly exceeding our expectations for first-quarter
sales
of this new product, and we are increasing production. Also, we
are
receiving reports from beta users that LM performance is exceeding
their expectations.


Sounds encouraging. I guess whoever was selling might be finished for the time being. Time will tell.

Roy

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