Technology Stocks : KVH Industries, Inc.
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To: david james who wrote ()8/23/1999 3:14:00 PM
From: Roy F  Read Replies (1) of 7012
KVH Pact with River Park Teams Industry Leaders In Satellite TV Systems for In-motion Vehicles

August 23, 1999 02:35 PM
MIDDLETOWN, R.I.--(BUSINESS WIRE)--Aug. 23, 1999--KVH Industries, Inc. has selected River Park, Inc., of Elkhart, Indiana, as a distributor for the TracVision(R) LM in-motion satellite television system. River Park, Inc. will market the land mobile antenna system to its OEM customers and network of retail dealers throughout the Midwest.

"River Park is the country's leading supplier of in-motion satellite systems to the recreational vehicle industry," reported Ian Palmer, KVH satellite sales director. "They are very careful in selecting products that will exceed their customers' expectations, and we are delighted that they are now offering our new TracVision LM."

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 automatic acquiring or crank-up units that could receive satellite television only while the vehicles were at rest. The only in-motion system that was previously available reportedly had performance issues and cost nearly 40% more than TracVision LM.

"We have achieved a dominant position in the land mobile market within only four months of introducing TracVision LM," said Martin Kits van Heyningen, KVH president and CEO. "This is ample evidence that there was an unmet demand for cost-effective and reliable on-the-road entertainment. KVH was able to meet the challenge of delivering such a system 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."

"Our OEM customers have been asking for an in-motion satellite television system which is both reliable and affordable," said Steve Bollero, vice president of operations of River Park. "With the KVH TracVision LM, we believe we've found the product which will exceed our customers' expectations at a price point significantly lower than we've been able to offer in the past."

Bollero is directing KVH marketing and sales activities at River Park. Since 1981, River Park has been distributing high-quality, high-value, mobile electronics from such leading manufacturers as Sony, Samsung, Quasar, and Bose. By offering superior products and world-class customer support that consistently exceed customer expectations, River Park has become a leading distributor of electronic components to manufacturers of van conversions, recreational vehicles, motor coaches and limousines.

KVH uses its proprietary autocalibration, sensor and fiber optic technologies to develop and market a range of products, from mobile satellite communications systems for land and sea to navigation systems for military and commercial applications. KVH has its headquarters in Middletown, RI, and additional offices in Illinois, Florida and Denmark.

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