...doubled the network's capacity in the Brazilian and African regions. The ongoing global network upgrade involves deployment of Variable Coding, Spreading, and Modulation (VCSM) technology provided by ViaSat, Inc., (Nasdaq:VSAT), KVH's partner in the mini-VSAT Broadband network. This is the third major capacity increase in less than five months, following upgrades in the Caribbean and EMEA regions in late 2012.

Since launching the mini-VSAT Broadband network in 2007, KVH has become the #1 provider of maritime VSAT service. KVH's service differs from competing maritime VSAT services in its use of spread spectrum technology, which enables the use of antennas that are 85% smaller than competing products while still providing fast, high quality service. KVH is also the only maritime satellite service company that designs and manufactures the onboard terminals, owns the Earth station equipment, leases the satellite capacity, manages the network, and provides round-the-clock global after-sale support for a total end-to-end solution. Smaller antennas and fully integrated belowdecks equipment are generally less costly and faster and easier to install, offering significant savings to companies deploying broadband technology to a fleet of vessels.

KVH's business model is another key part of the company's growth strategy. Rather than investing in its own satellites, the company leverages the readily available commercial FSS satellite capacity covering the world's oceans, provided by industry leaders such as Intelsat, Eutelsat, SES, and SkyPerfect JSAT. Currently, the mini-VSAT Broadband network uses 17 leased transponders to cover the globe with a unique hybrid network including both C- and Ku-band coverage. KVH's unique 1 meter, dual-mode TracPhone V11 antenna, the world's only global 1 meter maritime VSAT solution, seamlessly switches among C- and Ku-band frequencies as easily as the 60cm TracPhone V7-IP antennas and 37cm TracPhone V3 antennas switch among Ku-band satellites. As KVH's customer base grows, the company plans to lease additional capacity covering exactly the areas of the world where it is needed.