London, UK and Middletown, RI USA − Inmarsat (LSE:ISAT.L) and KVH Industries, Inc., (NASDAQ: KVHI) announced the signing of a reciprocal distribution agreement with immediate effect.
Under the agreement, KVH becomes a non-exclusive, global distributor of Inmarsat’s Fleet One and FleetBroadband services, and Inmarsat becomes a non-exclusive distributor across all vessel types for KVH’s VideotelTM Basic Training Package, as well as for its NEWSlinkTM newspapers within the leisure and non-passenger merchant vessel segments, which will be offered as enhancements to Inmarsat’s Fleet Media service.
- Fleet One, delivered through a small, light-weight terminal, is a cost-effective voice and data service that has been specifically configured to be accessible and affordable for small vessels.
- Videotel’s Basic Training Package is directed towards the training of crew members in the maritime industry covering subjects such as basic firefighting, coping with hazardous weather and entry into enclosed spaces.
- NEWSlink newspapers, delivered daily by email, incorporate a portfolio of 75+ publications in 17 languages customised specifically for seafarers.
Commenting on the agreement, Ronald Spithout, President Inmarsat Maritime remarked, “We see this strategic relationship with KVH as a significant step in bringing the advantages of our innovative new services to those segments of the maritime market that were previously underserved.”