KVH

VIEX Capital Issues Letter to Stockholders of KVH Industries, Inc.

Retrieved on: 
Monday, June 14, 2021

VIEX Capital Advisors, LLC and the other participants in its solicitation (collectively, the VIEX-led investor group or we) today issued the below open letter to stockholders of KVH Industries, Inc. (NASDAQ: KVHI) (KVH or the Company) regarding the Companys Annual Meeting of Stockholders (the Annual Meeting).

Key Points: 
  • VIEX Capital Advisors, LLC and the other participants in its solicitation (collectively, the VIEX-led investor group or we) today issued the below open letter to stockholders of KVH Industries, Inc. (NASDAQ: KVHI) (KVH or the Company) regarding the Companys Annual Meeting of Stockholders (the Annual Meeting).
  • We feel this is the most direct path to disrupting the money-losing status quo and igniting a sustainable turnaround that benefits all of KVHs stockholders and stakeholders.
  • Kits van Heyningen, we fear the Company will continue to burn through capital and remain his unprofitable fiefdom.
  • Kits van Heyningen and his hand-picked Board members continue to preside over KVH without the addition of truly independent directors.

KVH Elite Unlimited VSAT Streaming Service for Yachts Expands to Eastern North America

Retrieved on: 
Wednesday, June 9, 2021

MIDDLETOWN, R.I., June 09, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), announced today that the KVH EliteTM unlimited VSAT streaming service for leisure yachts is available now through September 30 in eastern North America from Florida to the Canadian Maritimes, which includes the premier summer cruising grounds of New England.

Key Points: 
  • MIDDLETOWN, R.I., June 09, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), announced today that the KVH EliteTM unlimited VSAT streaming service for leisure yachts is available now through September 30 in eastern North America from Florida to the Canadian Maritimes, which includes the premier summer cruising grounds of New England.
  • The VSAT streaming service enables people onboard to use their favorite apps for streaming popular HD movie and TV content, music, and more while at sea, on an unlimited basis with no overages or data usage limits.
  • Seamless access to KVH Elite is managed by the KVH Superyacht Groups concierge service which is available 24/7.
  • Yachts enjoy their selected V11-HTS or V7-HTS high-speed and unlimited use data plans and the benefits of KVHs leading global HTS service when not in the KVH Elite streaming regions.

Leading Independent Proxy Advisory Firm ISS Recommends KVH Shareholders Vote FOR Company’s Two Independent and Highly Qualified Director Nominees on the BLUE Proxy Card

Retrieved on: 
Monday, June 7, 2021

Contrary to the dissidents argument, it appears that KVHI has had a strategy in place since the Videotel sale in mid-2019.

Key Points: 
  • Contrary to the dissidents argument, it appears that KVHI has had a strategy in place since the Videotel sale in mid-2019.
  • According to the board, the strategy is designed to address profitability issues that have plagued KVHI in the recent past, among other things.
  • We look forward to continuing to engage with our fellow shareholders and are confident that KVH is on the right course.
  • KVH Industries, Inc., is a global leader in mobile connectivity and inertial navigation systems, innovating to enable a mobile world.

Independent Directors of KVH Industries Issue Letter to Shareholders

Retrieved on: 
Thursday, June 3, 2021

The independent members of the Board of Directors (the Independent Directors) of KVH Industries, Inc., (Nasdaq: KVHI) Mark S. Ain, Danielle M. Barrett, James Dodez, Stanley K. Honey, Robert Tavares and Charles R. Trimble today issued a letter to shareholders in connection with the Companys upcoming annual meeting of shareholders to be held on June 17, 2021.

Key Points: 
  • The independent members of the Board of Directors (the Independent Directors) of KVH Industries, Inc., (Nasdaq: KVHI) Mark S. Ain, Danielle M. Barrett, James Dodez, Stanley K. Honey, Robert Tavares and Charles R. Trimble today issued a letter to shareholders in connection with the Companys upcoming annual meeting of shareholders to be held on June 17, 2021.
  • The full text of the letter is available at: https://protectkvh.com/wp-content/uploads/2021/06/KVH-Shareholder-Letter...
    The letter highlights the following:
    KVHs progress in executing against its strategy is clear and shareholders are seeing results.
  • The Independent Directors are confident this progress will continue to translate into greater value for shareholders.
  • The Independent Directors have serious concerns about the VIEX nominees, Eric Singer (also VIEXs founder and managing member) and John Mutch.

V.Ships Norway Subscribes to KVH linkHUB Service Providing Quality Movie and TV Entertainment for Seafarers

Retrieved on: 
Thursday, June 3, 2021

V.Ships Norway initially trialed the service on one oil tanker and, following positive feedback from the crew, recently rolled it out to a total of 12 tankers.

Key Points: 
  • V.Ships Norway initially trialed the service on one oil tanker and, following positive feedback from the crew, recently rolled it out to a total of 12 tankers.
  • KVH linkHUB provided the solution we needed: up-to-date licensed content in a compact, easy to install media player that did not require specialist installation.
  • The companys KVH Media Group provides news, sports, and entertainment content through such brands as NEWSlink and SPORTSlink.
  • Note to Editors: For more information about KVH linkHUB, please visit the KVH website, https://www.kvh.com/support/linkhub-support .

KVH Industries Releases Investor Presentation in Advance of Annual Meeting Highlighting Business Momentum and Strategy to Deliver Long-Term Shareholder Value

Retrieved on: 
Tuesday, June 1, 2021

In the presentation, the Company also provides information and analysis that demonstrate why the individuals nominated by VIEX Capital Inc. (VIEX) are not right for the KVH Board.

Key Points: 
  • In the presentation, the Company also provides information and analysis that demonstrate why the individuals nominated by VIEX Capital Inc. (VIEX) are not right for the KVH Board.
  • These candidates have troubling records, no relevant industry experience and have put forward no plan or ideas for KVHs business that go beyond the generic.
  • KVH Industries, Inc., (Nasdaq: KVHI), is a global leader in mobile connectivity and inertial navigation systems, innovating to enable a mobile world.
  • The market leader in maritime VSAT, KVH designs, manufactures, and provides connectivity and content services globally.

KVH Industries Issues Letter to Shareholders and Files Definitive Proxy

Retrieved on: 
Monday, May 17, 2021

The market leader in maritime VSAT, KVH designs, manufactures, and provides connectivity and content services globally.

Key Points: 
  • The market leader in maritime VSAT, KVH designs, manufactures, and provides connectivity and content services globally.
  • KVH is also a premier manufacturer of high-performance sensors and integrated inertial systems for defense and commercial applications.
  • THE COMPANY\xe2\x80\x99S STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT, THE ACCOMPANYING BLUE PROXY CARD AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
  • The Company\xe2\x80\x99s stockholders may obtain the Definitive Proxy Statement, any amendments or supplements to the Definitive Proxy Statement and other documents filed by the Company with the SEC free of charge at the SEC\xe2\x80\x99s website at www.sec.gov .

KVH Ships Record Number of VSAT Units in First Quarter 2021

Retrieved on: 
Thursday, May 6, 2021

The company\xe2\x80\x99s KVH Media Group provides news, sports, and entertainment content with such brands as NEWSlink\xe2\x84\xa2 and SPORTSlink\xe2\x84\xa2.\nNote to Editors: For more information about KVH VSAT systems, please visit kvh.com/connectivity .

Key Points: 
  • The company\xe2\x80\x99s KVH Media Group provides news, sports, and entertainment content with such brands as NEWSlink\xe2\x84\xa2 and SPORTSlink\xe2\x84\xa2.\nNote to Editors: For more information about KVH VSAT systems, please visit kvh.com/connectivity .
  • High-resolution images of KVH products are available at the KVH Press Room Image Library, kvh.com/Press-Room/Image-Library .\nKVH Industries, Inc., is a global leader in mobile connectivity and inertial navigation systems, with innovative technology designed to enable a mobile world.
  • A market leader in maritime VSAT, KVH designs, manufactures, and provides connectivity and content services globally.
  • KVH is also a premier manufacturer of high-performance sensors and integrated inertial systems for defense and commercial applications.

KVH to Further Refresh Its Board of Directors

Retrieved on: 
Monday, May 3, 2021

Her experience in technology from her time at DirectTV will be invaluable to KVH as the leader in marine satellite television for more than 25 years.\nMs.

Key Points: 
  • Her experience in technology from her time at DirectTV will be invaluable to KVH as the leader in marine satellite television for more than 25 years.\nMs.
  • Her experience will help guide KVH as we move towards blended 5G hybrid satellite solutions.\nTwo of KVH\xe2\x80\x99s current directors, Mark S. Ain and Stanley K. Honey, are expected to conclude their service on the Board at the Annual Meeting.\n\xe2\x80\x9cMr.
  • Further, four directors will have rotated off the Board within the past four years.\nKVH today filed its preliminary proxy statement for the Annual Meeting.
  • She currently serves on the Americas Executive Board of the Massachusetts Institute of Technology Sloan School of Management.

KVH Industries to Host First Quarter Conference Call on May 5, 2021

Retrieved on: 
Thursday, April 29, 2021

b'MIDDLETOWN, R.I., April 29, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the first quarter that ended March 31, 2021, on Wednesday, May 5, 2021.

Key Points: 
  • b'MIDDLETOWN, R.I., April 29, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the first quarter that ended March 31, 2021, on Wednesday, May 5, 2021.
  • In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m.
  • In addition, an audio replay of the conference call will be available on the website for at least two weeks.
  • KVH is also a premier manufacturer of high-performance sensors and integrated inertial systems for defense and commercial applications.