MIDDLETOWN, R.I. -- KVH Industries (Nasdaq: KVHI) announced today that it has hired S. Joseph Bookataub as the company's new Chief Operating Officer. "Joe Bookataub is a seasoned professional who will be a tremendous asset in helping to lead our management team," declared Martin Kits van Heyningen, KVH president and chief executive officer. "The breadth of his management experience, from GE, Xerox, NCR, and other leading technology firms, and his proven record of controlling and reducing product costs in growing companies will be invaluable as we position the company to pursue our new product initiatives." Mr. Bookataub brings to KVH extensive experience in the areas of lean manufacturing, ISO procedures and certification, and supply chain management, as well as procurement and quality assurance. While serving as the vice president of operations and quality for Pyramid Technology Corporation, he successfully reduced product costs by 50 percent in three years. During his tenure at Pyramid, the company also grew from $40 million to $270 million in annual revenues. KVH Industries Inc.