[Satellite TODAY 02-23-12] Measat has secured a long-term lease agreement from Australian telecommunications carrier NewSat for capacity on the Measat-3b satellite, the operator announced Feb. 22.  ...

[Satellite TODAY 02-23-12] Orbital Sciences beat analysts’ 2011 fourth quarter earnings consensus backed by impressive orders and year-over-year backlog growth, the company announced as part of its Feb. 22 fiscal results.    Despite the growth, Orbital experienced unexpected weakness in its...

[Satellite TODAY 02-23-12] Iraq has deployed several Newtec Multimedia Exchange Network over Satellite (MENOS) TV interactive terminals that will operate within the Arab States Broadcasting Union (ASBU) exchange network, Newtec announced Feb. 21.    The terminals will allow Iraqi broadcasters to...

[Satellite TODAY 02-23-12] LightSquared is preparing to cut approximately 45 percent of its 330-employee workforce to settle the financial issues associated with the regulatory block of its 4G LTE network service, according to a Reuters report published Feb. 21.    In the...

Schaffhausen, Switzerland/February 22, 2012/Business Wire -- Garmin Ltd. (Nasdaq: GRMN) today announced fourth quarter results for the period ended December 31, 2011* delivering EPS growth and revenue growth across all reported segments.

Download Q4 2011 Earnings Press Release FINAL

 

 

[Satellite TODAY 02-22-12] The Indian Department of Space has requested that the Indian government reserve part of its spectrum in the 2.5 GHz frequency band for providing satellite services, the Indian Space Research Organization (ISRO) announced Feb. 21.    The spectrum is currently...

[Satellite TODAY 02-22-12] Scandinavian satellite company Viasat Broadcasting has extended its live broadcasting rights to the National Football League (NFL) in Sweden, Norway, Denmark and Finland until the end of the 2017 NFL season,    The rights...

[Satellite TODAY 02-22-12] Machine-to-machine (M2M) market specialist Numerex added 93,000 subscriptions in its 2011 fourth quarter — a 25 percent increase compared to 69,000 subscriptions added in the fourth quarter of the previous year, according to its latest financial results issued Feb. 21.  ...

[Satellite TODAY 02-22-12] Gilat Satellite Networks was contracted by Kazakhstan-based service provider JSC Nursat to deploy a broadband satellite IP network based on its SkyEdge 2 System, Gilat confirmed Feb. 21.    JSC Nursat will use the Gilat network to provide an end-to-end solution for...

OLATHE, Kan/February 21, 2012/Business Wire - Garmin International, Inc., a subsidiary of Garmin Ltd. (NASDAQ: GRMN) , the global leader in satellite navigation, announced today that in the patent litigation initiated by Triangle Software LLC against Garmin International, Inc., in the Eastern District of Virginia, the Court has entered judgment in favor of Garmin. Triangle's lawsuit targeted Garmin’s popular nüvi® and zūmo® product lines.

The judgment follows a partial jury verdict, issued on November 9, in which the jury found that three of the five patents asserted by Triangle in the litigation were not infringed by Garmin’s personal navigation devices with traffic functionality. The Court adopted the jury's decision and further held that there was no infringement of Triangle's remaining two patents. The decision is subject to appeal.

This is the fifth consecutive victory by Garmin resulting from its determination to fight baseless patent claims. Garmin is currently evaluating whether to ask the Court to require Triangle to repay the fees and other costs incurred by Garmin in defending this litigation.

“Garmin applauds the jury’s verdict and the court’s decision confirming the lack of merit in Triangle’s lawsuit. Triangle’s patents are not relevant to Garmin’s products and the traffic functionality targeted by Triangle was publicly known and widely used in the navigation industry for many years before Triangle’s alleged inventions,” said Andrew Etkind, Garmin’s vice president and general counsel. “It’s unfortunate and a serious problem for American industry that operating companies like Garmin are so often subjected to meritless patent suits.”

Garmin was represented by a team led by Nicholas Groombridge and David Ball of Paul Weiss, Rifkind, Wharton & Garrison LLP.

 

About Garmin

The global leader in satellite navigation, Garmin Ltd. and its subsidiaries have designed, manufactured, marketed and sold navigation, communication and information devices and applications since 1989 – most of which are enabled by GPS technology. Garmin’s products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin, nüvi and zūmo are registered trademarks of Garmin Ltd.

 

All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

 

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 25, 2010, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

[Satellite TODAY 02-21-12] GMV has signed an agreement with prime contractor Loral to provide the flight dynamics system and the payload transponder management system for Telenor Satellite Broadcasting’s Thor 7 telecommunications spacecraft, GMV announced Feb. 17.  ...

[Satellite TODAY 02-21-12] SkyVision Global Networks, a global provider of IP connectivity over satellite, has signed a multiyear contract with Telesat for Ku-band capacity into Africa on the Telstar 11N satellite, the operator announced Feb. 20.    SkyVision said it chose...

[Satellite TODAY 02-21-12] Newtec has enetered into an agreement with satellite-based Internet provider InSat to supply and install Sat3Play hub and terminal technology and deliver next generation Ka-band communications over Afghanistan, Newtec confirmed Feb. 20.    InSat said it plans to provide...

[Satellite TODAY 02-20-12] Eutelsat’s W3C, Atlantic Bird 7 and Ka-Sat satellites have helped the operator increase its 2012 half-year backlog by 9.6 percent — a record for the Paris-based satellite company, according to Eutelsat’s latest financial results issued Feb. 17.    The...

[Satellite TODAY 02-20-12] Rising television programming costs and thriftier U.S. consumers will not prevent satellite pay-TV operator DirecTV from meeting its growth targets for 2012 and 2013, CEO Mike White announced during a Feb. 17 conference call.    White said that while competition had...

[Satellite TODAY 02-20-12] Satellite solutions provider Global Satellite USA has launched Iridium’s second-generation maritime broadband platform Iridium Pilot for its customers, the companies announced Feb. 17.    The recently introduced Iridium Pilot platform...

[Satellite TODAY 02-20-12] The U.S. Geological Survey (USGS) has suspended Landsat 5 Earth-imaging operations for an additional 90 days while its Flight Operations Team (FOT) continues to investigate other options for imaging, USGS announced Feb. 17.    The Landsat program is a series of Earth...

[Satellite TODAY 02-17-12] Via Satellite magazine has named Iridium CEO Matt Desch its Satellite Executive of the Year for 2011.    Iridium boasted a strong performance in 2011 that exceeded estimates on nearly every metric. Financially speaking, the MSS operator grew in areas where it was not...

[Satellite TODAY 02-17-12] The SES-4 satellite successfully performed post-launch maneuvers and deployed its solar arrays yesterday following its launch on Tuesday aboard an International Launch Services (ILS) Proton Breeze M rocket, the satellite’s manufacturer Space Systems/Loral (SS/L)...

[Satellite TODAY 02-17-12] A U.S. bankruptcy court has confirmed and approved TerreStar’s reorganization plan to emerge from bankruptcy following its acquisition by Dish Network and its parent company Echostar, the pay-TV provider announced Feb. 16.    The U.S. bankruptcy courts previously...