Plan Availability Expands to 30 States
Carlsbad, Calif. – December 17, 2013 – ViaSat Inc. (NASDAQ: VSAT) is expanding its Exede® Evolution
satellite internet plan across much of its national footprint, following a successful market launch in limited markets earlier this year. The plan is the first in the satellite internet industry to feature unlimited, full-speed access for email and web pages.
Exede Evolution eliminates data usage caps for these essential online services and provides a fixed cap for other activities, such as video streaming. Following its limited introduction this fall, ViaSat is now offering the new plan in 30 states, which includes much of the Exede national footprint.
The expansion of the innovative service plan represents the second phase of the successful Exede Evolution introduction.
“The results of our initial roll-out have been very positive,” said Lisa Scalpone, vice president, Satellite Services. “A significant segment of our customer base values unlimited, high-speed access to web pages and email.”
Exede Evolution is another illustration of ViaSat’s transformation of satellite internet – first with availability and speed and now with service options that meet the needs of different kinds of internet users.
“Evolution is the first step in creating innovative service plans using the newest network technologies,” said Scalpone. “Our focus continues to be on continually improving the customer experience of our subscribers.”
In addition to Exede Evolution, the company continues to offer Exede Classic plans based on different data usage levels. All Exede plans include a five-hour free zone for unmetered internet activity.
For a monthly price of $64.99, the Exede Evolution plan includes:
- Unlimited, full-speed access to email and web pages.
- 5 GB of data to use for other internet activity, including music, streaming media, and chat.
- Introductory offer that waives the initial standard installation set-up fee of $149.99.
- Download speeds of up to 12 Mbps and upload speeds of up to 3 Mbps.
- Early Bird Free Zone, which provides full-speed, unmetered access to everything on the internet, including video, from 3 a.m. to 8 a.m. daily.
- Introductory offer of award-winning anti-virus/anti-spyware software.
ViaSat has also announced plans for the launch of another groundbreaking satellite, ViaSat-2, which is expected to be the highest capacity communications satellite in the world at its scheduled launch in mid-2016. For more information, please visit www.exede.com/evolution-plan or call 855-627-2553.
About Exede (www.exede.com)
Exede, a service of ViaSat Inc., delivers high-speed internet to more than 590,000 subscribers across the U.S. With download speeds of 12 Mbps, Exede service has transformed satellite internet for households that previously had slow, inadequate internet service. It is also proving to be a popular, competitive alternative to residential DSL and wireless internet. In June 2013, the company began offering Exede Voice residential telephone service over its network, optimized for quality and reliability.
In the FCC annual benchmarking report, Measuring Broadband America 2013, Exede service led all internet service providers included in the study in surpassing advertised speeds. ViaSat-1 earned a Guinness World Records(R) achievement as the highest-capacity communications satellite in the world. Exede Internet is also a winner of a 2013 Edison Award for innovation and performance and a winner of the 2012 Popular Science “Best of What’s New.”
About ViaSat (www.viasat.com)
ViaSat creates satellite and other wireless networking systems that efficiently deliver the most bandwidth for fast, secure, and high-quality communications to any location for consumers, governments, enterprises, and the military. The company offers fixed and mobile satellite network services including Exede by ViaSat, which features ViaSat-1, the world’s highest capacity satellite; service to more than 2,300 mobile platforms, including Yonder(R) Ku-band mobile service; satellite broadband networking systems; and network-centric military communication systems and cybersecurity products for the U.S. and allied governments. ViaSat also offers communication system design and a number of complementary products and technologies. Based in Carlsbad, California, ViaSat employs over 2,900 people in a number of locations worldwide for technology development, customer service, and network operations.
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward looking statements include statements about the total capacity and scheduled launch date of ViaSat-2. ViaSat wishes to caution you that there are some factors that could cause actual results to differ materially, including but not limited to: the ability to successfully implement ViaSat’s business plan for broadband satellite services on ViaSat’s anticipated timeline or at all; risks associated with the construction, launch and operation of ViaSat’s satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; negative audits by the U.S. government; continued turmoil in the global business environment and economic conditions; delays in approving U.S. government budgets and cuts in government defense expenditures; ViaSat’s reliance on U.S. government contracts, and on a small number of contracts which account for a significant percentage of ViaSat’s revenues; the ability to successfully develop, introduce and sell new technologies, products and services; reduced demand for products as a result of continued constraints on capital spending by customers; changes in relationships with, or the financial condition of, key customers or suppliers; reliance on a limited number of third parties to manufacture and supply ViaSat’s products; increased competition and other factors affecting the communications and defense industries generally; the effect of adverse regulatory changes on ViaSat’s ability to sell products and services; ViaSat’s level of indebtedness and ability to comply with applicable debt covenants; ViaSat’s involvement in litigation, including intellectual property claims and litigation to protect proprietary technology; and ViaSat’s dependence on a limited number of key employees. In addition, please refer to the risk factors contained in ViaSat’s SEC filings available at www.sec.gov, including ViaSat’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. ViaSat undertakes no obligation to update or revise any forward-looking statements for any reason.
Exede and Yonder are registered trademarks of ViaSat Inc.