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SPT Inc. Celebrates Milestone On the morning of August 1, 2010, SPT Inc. reached a significant safety mile- stone – 365 days without a lost time in- jury to any of our employees. "Be Safe, Lighter Right is our motto at SPT,” said Simon M. Duncan, President and CEO of SPT. “This is a powerful achievement reached by our team and re- flects the exceptional commitment to safety from our Captains, Crew, Mooring Masters, Mooring Master Assistants and shore side personnel. This achievement clearly reflects the value of employing, training, and retaining the best in the in- dustry.” This accomplishment is signifi- cant considering the risk involved with the products that SPT transfer and trans- port on a daily basis. The achievement is also on the heels of continued global ex- pansion over the past three years. Dur- ing this growth phase the one driving goal has been to conduct each and every operation without incident and without injury to a single team member. “A safety culture permeates all aspects of SPT’s daily activities whether it is on board our LSVs, an STS operation, one of our op- erating bases, in our offices, or at home,” said Duncan. www.sptmts.com. KVH to Acquire Virtek Communications KVH Industries and Virtek Communi- cations entered into an agreement for KVH to acquire the software company. Virtek specializes in the development and deployment of software known as “mid- dleware” that helps commercial fleets and vessel owners manage the data trans- mitted to and from their vessels over dif- ferent satellite communications services, such as KVH’s own mini-VSAT Broad- band or Inmarsat FleetBroadband. “Virtek, its talented team of software engineers, and its proven middleware ap- plications are an excellent fit with KVH and our rapidly expanding satellite com- munication business, most notably in the commercial marine market,” said Martin Kits van Heyningen, KVH’s CEO. “The capabilities offered by Virtek’s Comm- Box technology complement and expand the comprehensive satellite communica- tion concept that is at the heart of the TracPhone V7 and mini-VSAT Broad- band solution. The integration of this powerful middleware technology will strengthen our competitive position in the maritime broadband marketplace, enable us to offer a wide range of value-added functionality to customers, and provide a path to enhance the efficiency and versa- tility of our mini-VSAT Broadband data communications network.” Founded in 2000, Norway-based Virtek has sold its CommBox system to more than 700 ves- sels owned by 50 different shipping com- panies primarily based in Scandinavia and Northern Europe. Currently, Virtek anticipates 2010 revenues to be in the range of $2 to $3 million. October 2010 www.marinelink.com 49 NEWS PEOPLE & COMPANIES Simon Duncan, SPT President and CEO, congratulates Captain Mike Dob- son and his crew for achieving one year without a single lost time injury.
