Last Update: Aug 29 @ 12:00 AM

Technology

KVH launches lease program for TracPhone

PHOTO COURTESY KVH INDUSTRIES
KVH INDUSTRIES has created a new leasing program for its V7 maritime communications system.

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MIDDLETOWN – KVH Industries announced this month a lease program for its new TracPhone V7 maritime communications system.

Boasting a smaller size than other systems, broadband data rates, Voice over IP (VoIP) phone connections, and substantially lower hardware and airtime service costs, the company is marketing the new TracPhone(R) V7 as an ideal commercial communications solution.

The new lease program KVH is now offering for the TracPhone V7 includes a 36-month lease and an extended 36-month warranty, enabling commercial owners to treat the TracPhone V7 as an operating expense with reasonable interest rates.

“Shipping and offshore operators are realizing that crew morale and retention are necessary expenditures in an extremely competitive market,” said Ian Palmer, KVH’s executive vice president for satellite sales. “However, existing satellite communication services and hardware are either too expensive to support crew needs or these solutions need to be limited to communications critical to shipboard operation.”

The TracPhone V7, a rugged, 24-inch antenna, delivers mini-VSAT Broadband service with data rates as fast as 2 Mbps shore-to-ship and 512 Kbps ship-to-shore. A fraction of the size of standard 1-meter VSAT systems, the TracPhone V7 (and its fully integrated “below-decks” modem and control unit) offers easy connections to shipboard networks, fully stabilized tracking and a significant reduction in hardware and installation costs.

KVH Industries Inc. (Nasdaq: KVHI) is a manufacturer of live mobile media systems for use on land and sea, as well as navigation and guidance systems for defense and civilian use. Information on KVH’s military navigation, stabilization and guidance systems is available at www.tacnav.com; additional information is available at www.kvh.com.

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