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
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.
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.
OLATHE, Kan./February 16, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced its new GHP 20 Steer-by-Wire Autopilot – a marine autopilot certified for all Teleflex Marine Optimus Electronic Power Steering (EPS) Systems. EPS is a key component of the new Optimus 360 by SeaStar® System. The Optimus 360 is the first integrated boat control solution that enables complete maneuverability for twin outboard boats. Garmin’s GHP 20 for Optimus is being announced in conjunction with the Miami International Boat Show, February 16-20, 2012.
“We’re excited to partner with Teleflex Marine to make boating easier and more enjoyable both out on the open water and when navigating through busy docking areas,” said Dan Bartel, Garmin’s vice president of worldwide sales. “Combining an Optimus system with a Garmin autopilot gives the helmsman a whole new level of control.”“The new Optimus systems combine our experience in electronics with our proven capabilities in steering and control to give a boater more confidence when he’s at the helm,” said Tom Douglass, Teleflex Marine’s vice president of sales and marketing. “Now, thanks to Garmin’s new autopilot, it’s easier than ever to extend our system’s capabilities to navigation as well.”
The patented Optimus 360 system is a revolutionary joystick steering/shift/throttle control system, engineered for powerboats with twin mechanically-controlled outboards. This system uses state-of-the-art electronics to provide easy 360-degree maneuvering capabilities so that the helmsman can confidently move the boat forward, backwards, diagonally, rotate it on its own axis, or even more sideways to accomplish tricky docking maneuvers.
Coupled with a Teleflex Marine Optimus 360 system, Garmin’s GHP 20 Steer-by-Wire autopilot provides superior control algorithms for unmatched autopilot performance. Thanks to dynamic gain adjustments based on tachometer information provided by the Optimus system, the GHP 20 Steer-by-Wire offers optimal performance at all speeds.
With the GHP 20 Steer-by-Wire system, Optimus customers will enjoy features found throughout Garmin’s existing line of autopilots, including Shadow Drive technology – a patented capability that automatically disengages the autopilot if the helm is turned, allowing for quick and safe manual maneuvers without manually disengaging the autopilot. The autopilot will automatically re-engage once a steady course is re-established. Additionally, this new steer-by-wire autopilot works as a system-wide heading sensor, which enables MARPA and chart overlay when connected to a Garmin chartplotter. For easy installation and integration with other Garmin products, the GHP 20 Steer-by-Wire autopilot has full NMEA 2000 connectivity.
The GHP 20 Steer-by-Wire system for Optimus will utilize Garmin’s GHC™ 10 autopilot control unit, which was designed to help boaters configure and control the autopilot. With an easy-to-read 3.5” color display, three soft keys, and a dedicated “standby” button, Optimus owners will benefit from the simple, interactive interface, and will be able to control the heading of the boat with the press of a key.
The GHP 20 for Optimus is scheduled to be available in the second quarter of 2012. For more information on the GHP 20 for Optimus visit www.garmin.com/marine and www.optimus-360.com.
Garmin’s marine business segment is a leading provider of navigation and communication equipment to retail and OEM customers. Garmin’s portfolio includes the industry’s most sophisticated array of chartplotters and touchscreen multifunction displays, sonar, high-definition radar, autopilot offerings and other products and services that are known for innovation, reliability and ease-of-use.
About Garmin International Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – 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 is a registered trademark and GHP and GHC are trademarks of Garmin Ltd. or its subsidiaries.
All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
About Teleflex Marine
Teleflex Marine is the leading global provider of OEM and aftermarket products and accessories for the recreational marine and related markets. Sold around the world under the SeaStar, Sierra, BayStar, Prime Line and Proheat brands, the Company’s products are recognized for their quality, reliability and technical innovation. For more information, please refer to the Company’s website at www.teleflexmarine.com.
About HIG
H.I.G. Capital is a leading global private equity investment firm based in Miami. The firm has more than $8.5 billion of capital under management. H.I.G. specializes in providing capital to small and medium sized businesses and has offices in Atlanta, Boston, New York and San Francisco, as well as European offices in Hamburg, London and Paris.
Notice on forward-looking statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. All statements regarding the company’s future product introductions are forward-looking statements. 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.
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OLATHE, Kan./February 16, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced its new GHP 20 Steer-by-Wire Autopilot – a marine autopilot certified for VIPER (Viking Independent Programmable Electro-hydraulic Rudder) steering systems on Viking Yachts. Viking’s proprietary VIPER steering system is used aboard all Viking Yachts 66 feet and larger. The GHP 20 for Viking is being announced in conjunction with the Miami International Boat Show, February 16-20, 2012.
“Garmin’s autopilot solutions are known for their industry-leading performance, reliability and ease-of-use, and we’re excited to bring this technology on board Viking Yachts,” said Dan Bartel, Garmin’s vice president of worldwide sales. “Viking customers expect the highest performance, and we’re confident that combining these systems will meet and exceed those expectations, and will ultimately deliver a better boating experience.”
The Viking VIPER system was created to deliver intuitive responsiveness on board large vessels. Standard on Viking’s 82’C, 76’C, 70’C and 66’C models, the system eliminates the typical tie bar that controls both rudders in a simultaneously fixed fashion, and instead allows the stainless-steel rudders to operate independently via an electronic controller. This optimizes response and reduces parasite drag at low-, mid- and high-speeds.
When coupled with Viking’s VIPER system, Garmin’s GHP 20 steer-by-wire autopilot provides superior control algorithms for unmatched autopilot performance. Thanks to dynamic gain adjustments based on tachometer information provided by the Viking system, the GHP 20 steer-by-wire offers optimal performance at all speeds.
By specifying the GHP 20 steer-by-wire system, Viking customers will enjoy features found throughout Garmin’s existing line of autopilots, including Shadow Drive technology – a patented capability that automatically disengages the autopilot if the helm is turned, allowing for quick and safe manual maneuvers without manually disengaging the autopilot. The autopilot will automatically re-engage once a steady course is re-established. Additionally, this new steer-by-wire autopilot works as a system-wide heading sensor, which enables MARPA and chart overlay when connected to a Garmin chartplotter. For easy installation and integration with other Garmin products, the GHP 20 steer-by-wire autopilot has full NMEA 2000 connectivity.
The GHP 20 steer-by-wire system for Viking will utilize Garmin’s GHC™ 10 autopilot control unit, which was designed to help boaters configure and control the autopilot. With an easy-to-read 3.5” color display, three soft keys, and a dedicated “standby” button, Viking owners will benefit from the simple, interactive interface, and will be able to control the heading of the boat with the press of a key.
The GHP 20 for Viking is scheduled to be available in the second quarter of 2012. For more information on the GHP 20 for Viking visit www.garmin.com/marine and www.vikingyachts.com.
Garmin’s marine business segment is a leading provider of navigation and communication equipment to retail and OEM customers. Garmin’s portfolio includes the industry’s most sophisticated array of chartplotters and touchscreen multifunction displays, sonar, high-definition radar, autopilot offerings and other products and services that are known for innovation, reliability and ease-of-use.
About Garmin International Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – 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 is a registered trademark and GHP and GHC are trademarks of Garmin Ltd. or its subsidiaries.
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. All statements regarding the company’s future product introductions are forward-looking statements. 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.
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OLATHE, Kan./February 15, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced its New Chart Guarantee program, which will ensure that mariners who have recently purchased a new pre-programmed BlueChart g2 or BlueChart g2 Vision microSD/SD card receive the most updated charts available. This new program is being announced in conjunction with the Miami International Boat Show, February 16-20, 2012.
“Garmin strives to make sure that our customers have the most accurate and up-to-date charts,” said Dan Bartel, Garmin’s vice president of worldwide sales. “As marinas are opened, harbor entrances are dredged, channel markers are altered, obstructions are added or removed and other vital on-the-water navigation elements change, having current charts is invaluable to the safety of a mariner and those around them.”New Chart Guarantee entitles customers who recently purchased a new pre-programmed BlueChart g2 or BlueChart g2 Vision microSD/SD card to one free update to the newest version of charts. Updated charts will be for the same (or equivalent1) region as the original purchase, and are valid within six months of purchase. In addition, Garmin also offers a discounted update program so that customers can update their existing pre-programmed BlueChart g2 and BlueChart g2 Vision cards at a discounted price. Charts updated with the discount program will be for the same (or equivalent) region as the original purchase.
The New Chart Guarantee program is available now. To download the update, customers can go to www.garmin.com/mapupdates, or visit one of Garmin’s Outlet Programmer Dealers, who will have the ability to provide the BlueChart g2 or BlueChart g2 Vision update service starting April 1, 2012.
Garmin’s BlueChart g2 and BlueChart g2 Vision give mariners detailed offshore charts with realistic navigation features that show everything from shaded depth contours and coastlines to spot soundings, navaids, port plans, wrecks, obstructions, intertidal zone and restricted areas. For the ultimate navigation experience, BlueChart g2 Vision customers will have access to Garmin’s exclusive AutoGuidance technology that searches through relevant charts to create a route free of obstacles, shallow water, buoys and other obstructions. BlueChart g2 Vision also offers other premium navigation features like high-resolution satellite imagery, above- and below-the-water 3D perspective and aerial photographs for real-world reference.
For more information about Garmin’s BlueChart g2 and BlueChart g2 Vision products and update programs, visit www.garmin.com/maps/onthewater.
Garmin’s marine business segment is a leading provider of navigation and communication equipment to retail and OEM customers. Garmin’s portfolio includes the industry’s most sophisticated array of chartplotters and touchscreen multifunction displays, sonar, high-definition radar, autopilot offerings and other products and services that are known for innovation, reliability and ease-of-use.
About Garmin International Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – 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, BlueChart and BlueChart g2 Vision are registered trademarks of Garmin Ltd. or its subsidiaries.
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. All statements regarding the company’s future product introductions are forward-looking statements. 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.
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Schaffhausen, Switzerland and Soquel, Cali./February 14, 2011/Business Wire — Garmin Ltd., (NASDAQ: GRMN), the global leader in satellite navigation, today announced that it has signed an agreement to acquire Interphase Technologies Inc., a privately-held creator and manufacturer of phased array scanning sonar technology headquartered in Soquel, California. This transaction is expected to be finalized within the next 30 days, and will allow Garmin to expand its overall marine product portfolio, particularly in the area of sonar technology.
“Interphase’s technology is a great complement to Garmin’s growing marine business,” said Cliff Pemble, president and COO of Garmin. “Like Garmin, Interphase shares our passion for innovation and support, and we feel that this transaction further solidifies our commitment to the marine market. By adding Interphase’s talents and technologies to the Garmin family, we believe we can leverage our areas of expertise into products that can greatly enhance a boater’s experience on the water.”
“We are excited to join forces with Garmin, who we’ve always respected as a leading marine electronics supplier, and we look forward to integrating our technology into the company’s core marine product lines,” said Charles Hicks, CEO and Board Chairman of Interphase. “This move will further our ability to build world-leading sonar technology for all of our customers.”
Founded in 1986, Interphase is recognized for its pioneering development of phased array scanning sonar. This technology offers a reliable phased array scanning sonar solution for the consumer market, giving the cruiser, sailor, fisherman, search-and-rescue team and mainstream boater a virtual image of the underwater area ahead of the boat. To date, Interphase has remained one of the only manufacturers to offer forward-looking sonar technology, a proven and invaluable situational awareness aide for mariners of all types. This forward-looking sonar technology can help a mariner safely navigate fog-shrouded channels, and can help detect sandbars and reefs as well as uncharted rocks and shoals.
Both Garmin and Interphase have been at the forefront of innovation in the marine electronics industry. The introduction of Garmin’s fully-touchscreen multi-function displays (MFDs) in 2007 revolutionized the way mariners interact with their MFD, and the company’s GPSMAP 5000 and 7000 series are still the only true-100% touchscreen chartplotters available on the market today. And in 2011, the company brought its GSD 26 black-box sounder with Spread Spectrum CHIRP technology to market, which took high-definition targeting to a whole new level.
Interphase will operate as Garmin Santa Cruz, Inc., a California corporation and indirect wholly owned subsidiary of Garmin Ltd. Key management will be retained and sonar research and development will continue at its headquarters in Soquel, California. Financial terms of the agreement will not be released.
Garmin’s marine business segment is a leading provider of navigation and communication equipment to retail and OEM customers. Garmin’s portfolio includes the industry’s most sophisticated array of chartplotters and touchscreen multifunction displays, sonar, high-definition radar, autopilot offerings and other products and services that are known for innovation, reliability and ease-of-use.
About Garmin Ltd.
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 is a registered trademark 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.
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OLATHE, Kan./February 14, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced its BlueChart Mobile marine app for iPad and iPhone. With BlueChart Mobile, mariners can enjoy the same feature rich and highly accurate BlueChart data found in Garmin chartplotters on an iPad or iPhone. The BlueChart Mobile app is being announced in conjunction with the Miami International Boat Show (Feb. 16-20, 2012) and will be showcased in the Garmin booth (#1689) at this year’s show.
BlueChart Mobile app lets users access and fully utilize ActiveCaptain, a web-based community that provides real-time content generated by mariners for mariners. To highlight this innovative program and its functionality within the BlueChart Mobile app, ActiveCaptain co-creator and owner, Jeffrey Siegel, will be at the Garmin booth the afternoon of Friday, February 17, 2012 and the morning of Saturday, February 18, 2012.
“The BlueChart Mobile app takes trip planning to the next level and puts all of the essential tools you need to get underway at your fingertips,” said Dan Bartel, Garmin’s vice president of worldwide sales. “By integrating ActiveCaptain content, we’re able to not only provide mariners the latest charts and service data from Garmin, but also a wealth of information direct from other captains.”
BlueChart Mobile utilizes the same BlueChart data available for Garmin chartplotters. Users can plan and create routes, view shaded depth contours and inter-tidal zones with spot soundings and can search for a marine service point to find out the phone number, hours of operation, and information about amenities and services available. With BlueChart Mobile, users will experience the same vector object-oriented data and seamless chart presentation found on Garmin chartplotters – on an iPad or iPhone. It’s easy to interact with the chart by utilizing the innovative new radial menu to mark waypoints, establish a destination for a route, and learn about the features on the chart.
Garmin’s BlueChart Mobile app also gives mariners the very best user experience when it comes to taking advantage of ActiveCaptain content. A web-based community, ActiveCaptain provides real-time content for marine data, reviews, local knowledge, anchorages and hazards generated by mariners for mariners. With BlueChart Mobile, users can use ActiveCaptain data to read and contribute information and reviews about their experiences on the water.
“We’re so excited to have ActiveCaptain data incorporated in to the BlueChart Mobile app,” Siegel said. “Garmin’s incredible reach will bring many more boaters into the ActiveCaptain community to provide and share local knowledge.”
Additionally, with an internet connection, BlueChart Mobile helps mariners keep track of weather conditions, an important factor in trip planning. While planning or creating a trip, users can utilize the BlueChart Mobile app to access temperatures, dew points, wind direction and speed, radar and cloud cover – all overlaid on the chart data. With BlueChart Mobile, mariners will also have accurate tide and current data available right at their fingertips.
Once on board, users can wirelessly transfer routes, waypoints and tracks created with BlueChart Mobile to a networked Garmin chartpotter. To wirelessly transfer information, users need to have a router installed and connected to a compatible Garmin chartplotter. Once underway, the iPad or iPhone can be used to “follow the boat” along its route by wirelessly sharing the GPS location from the Garmin marine network. This capability enables precise GPS positioning, even on iPads that don’t include GPS functionality.
The BlueChart Mobile app is expected to be available in the iTunes store in the summer of 2012. The app itself is free to download; additional chart downloads will vary in price by region. For more information about this and Garmin’s marine product offerings visit www.garmin.com/marine.
Garmin’s marine business segment is a leading provider of navigation and communication equipment to retail and OEM customers. Garmin’s portfolio includes the industry’s most sophisticated array of chartplotters and touchscreen multifunction displays, sonar, high-definition radar, autopilot offerings and other products and services that are known for innovation, reliability and ease-of-use.
About Garmin International Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – 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 and BlueChart are registered trademarks of Garmin Ltd. or its subsidiaries.
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. All statements regarding the company’s future product introductions are forward-looking statements. 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.
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OLATHE, Kan./February 14, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced a new family of thermal-imaging and low-light cameras – the GCT 30, GCT 20 and GCL 20. These cameras can pan, tilt and zoom (PTZ), and provide extra situational awareness by enhancing visibility at any time of day. The GCL 20, Garmin’s low light camera, is especially useful at dawn, dusk and in light fog, and Garmin’s thermal imaging versions, the high-resolution GCT 30 and low-resolution GCT 20, aide in navigating in total darkness. This new line of marine cameras is being announced in conjunction with the Miami International Boat Show, February 16-20, 2012, and will be showcased in the Garmin booth (#1689) at this year’s show.
“Whether it’s navigating at night, through fog and rain, or for search and rescue efforts, visual information is invaluable for the captain at the helm,” said Dan Bartel, Garmin’s vice president of worldwide sales. “We’re excited to offer our customers these new low light and thermal imaging solutions that – when integrated into a Garmin system – offer capabilities and performance never before found on marine cameras.”Each new Garmin camera is fully controllable from a compatible Garmin chartplotter and features NMEA 2000 connectivity for greater convenience on board. When interfaced with a Garmin chartplotter via NMEA 2000, and with an additional heading sensor, mariners can use multiple Garmin cameras to track one target from the plotter – simply select the point on the chartplotter screen and the GCT 30, GCT 20 or GCL 20 will automatically lock onto a point and follow it. The GCT 30 and GCT 20 can even detect a hot spot, overlay a box around the spot, and then automatically pan and tilt to follow the identified hot spot, thanks to their innovative target tracking technology. When paired with the heading sensor, each new camera also has the ability to track MARPA and AIS targets, and can provide man overboard (MOB) synergy.
Garmin’s top-of-the-line thermal imaging camera, the GCT 30, boasts a high-resolution VGA (640x480) image, and a continuous digital zoom of 1x to 12x. It pans, tilts and zooms while maintaining a crisp, smooth thermal image in motion at all times with a refresh rate of 9Hz or 30Hz. The GCT 20 thermal imaging camera has a QVGA+ resolution (384x288), offering 44% more pixels than standard QVGA offerings. The GCT 20 has a continuous digital zoom of 1x to 8x, with a refresh rate of 9Hz or 30Hz. Both the GCT 30 and GCT 20 have five definable scene modes and seven color modes. The powerful GCL 20, Garmin’s new low light camera, offers extraordinary zoom capabilities with an optical zoom of 28x and a digital zoom of 12x, for a combined total of 336x zoom. The GCL 20 has a minimum illumination spec of .0004 lux at 10iRE and is available in both PAL and NTSC formats.
For ultimate situational awareness, Garmin’s new family of thermal imaging and low light cameras feature continuous rotation and auto flip so that you can keep an eye on what’s around you. Because these cameras are fully integrated into the Garmin system, the firmware for the GCT 30, GCT 20 and GCL 20 can be updated over the NMEA 2000 network from a compatible chartplotter, saving time and making it easy to always have the latest update available. At only 2.7 pounds, these compact and lightweight cameras can be installed vertically or inverted.
The new GCT 30, GCT 20 and GCL 20 are compatible with Garmin’s award-winning series of GPSMAP® 4000/5000/6000/7000 chartplotters. The GCT 30 has a minimum resale price (MRP) of $13,995.99 and the GCT 20 has an MRP of $8,995.99; both are available in 9Hz or 30Hz configurations. The GCL 20 has an MRP of $3,499.99, and is available in PAL or NTSC configurations. Garmin’s new cameras are expected to be available in the second quarter of 2012.
Garmin’s marine business segment is a leading provider of navigation and communication equipment to retail and OEM customers. Garmin’s portfolio includes the industry’s most sophisticated array of chartplotters and touchscreen multifunction displays, sonar, high-definition radar, autopilot offerings and other products and services that are known for innovation, reliability and ease-of-use.
About Garmin International Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – 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 and GPSMAP are registered trademarks of Garmin Ltd. or its subsidiaries.
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. All statements regarding the company’s future product introductions are forward-looking statements. 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.
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OLATHE, Kan./ February 12, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today the G5000H, an integrated flight deck specifically designed for twin turbine, medium lift helicopters. The G5000H combines widescreen displays with touchscreen controls to bring leading edge technology, safety enhancements and reliability to this class of helicopters. The G5000H will be showcased in the Garmin booth (#9432) at this year’s Heli-Expo in Dallas, Texas, Feb. 12-14.
OLATHE, Kan./February 7, 2012 — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that it has received Brazil’s National Civil Aviation Agency’s (ANAC) validation of the U.S. Supplemental Type Certificate (STC) for the GTN 650 and GTN 750 series touchscreen avionics and GPS antennas. With this validation, the GTN is certified and approved for installation in hundreds of makes and models of Brazilian-registered general aviation aircraft.
OLATHE, Kan./January 25, 2012/Business Wire — Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that it will showcase its newest iOS app innovations at Macworld | iWorld 2012 in San Francisco (Jan 26-28, booth #836). Garmin offers a wide range of location-based apps for iOS users spanning aviation, fitness, tracking, treasure hunting and turn-by-turn navigation. Among the newest features, Garmin will demo social search and check-in capabilities for the StreetPilot® onDemand navigation app as well as a new function for the Tracker™ app that allows users to share links to a live tracking map[1].
“We embrace apps in all of our business segments to support the increasingly mobile lifestyles of our customers and to complement our hardware offerings,” said Dan Bartel, Garmin’s vice president of worldwide sales. “At this year’s Macworld | iWorld, we will showcase our growing portfolio of iOS apps, including new features that help our users to stay connected and share location-based information with their friends and families.”
Check in with your navigation app: Among other new features, Garmin will demo social media capabilities for the StreetPilot onDemand app that integrate Wikipedia, Facebook and foursquare. Users can easily display locations from these networks on the map and check in upon arrival at their destination. Clicking on one of the Wikipedia icons on the map will reveal detailed information about a location, such as the identity of an interesting building or landmark. Also new for the StreetPilot onDemand app are some fun features that make driving more enjoyable, such as a variety of voices or vehicle icons to choose from as well as visually refined 3D renderings of buildings to provide a better overview. The latest versions of the StreetPilot Onboard and the NAVIGON turn-by-turn navigation apps will also be on display. Garmin acquired the German navigation provider NAVIGON in 2011.
Track what’s important: The Garmin Tracker app tracks what’s important. The app works in conjunction with the GTU 10 tracking device to display its location on a map, making it easy to virtually follow anything, from your loved-ones to valuables or the family dog. Users can set up a geo-fence to get alerts when the device crosses in or out of a defined area. The latest version of this app now also allows a continuous tracking mode, and enables users to send out map links to others, so they can follow the location of a device too1.
Get fit with your iPhone: The Garmin Fit™ app turns the iPhone into a powerful training tool. The app keeps track of current walking, running or cycling stats. Users can easily upload, review and share their activities on Garmin Connect™, a vibrant online community of fitness enthusiasts. With an optional ANT+™ iPhone adapter, users can also pair this app with Garmin fitness sensors like a heart rate monitor, foot pod or speed/cadence sensor.
Go on a digital treasure hunt: The free OpenCaching app provides a fun way for families, nature lovers, hikers, or scouts to go outside on a digital treasure hunt. Geocaching, a popular activity worldwide, takes digital technology away from the couch and out on the trail. Hidden treasure troves – known as caches – have been hidden around the world. Their coordinates have been uploaded to online communities, such as the free website Opencaching.com, along with details and clues. Garmin’s app allows users to participate in this treasure hunting game by hiding, finding, logging and sharing cache information right from the iPhone.
An iPad app for pilots: Garmin’s roots are in the aviation business and today the company is a leader in this space. Garmin Pilot My-Cast℠ is an aviation-centric weather and flight planning application designed specifically for general aviation, corporate and commercial pilots. The app provides pilots with a paperless cockpit, weather and flight planning along with navigation.
Macworld | iWorld Discounts on Garmin Navigation Apps
Garmin will reduce the prices of its North American turn-by-turn navigation apps by $10 during Macworld (Jan 26-28, 2012). The NAVIGON in app purchase FreshMaps is 50% off (exact price depends on app version).
Garmin StreetPilot Onboard USA: $39.99 instead of $49.99
Garmin StreetPilot Onboard North America: $49.99 instead of $59.99
Garmin StreetPilot onDemand: the annual subscription is $19.99 instead of $29.99
NAVIGON USA: $39.99 instead of $49.99
NAVIGON North America: $49.99 instead of $59.99
NAVIGON MyRegion: $19.99 instead of $29.99
Find details about Garmin’s other smartphone apps for a wide variety of activities at http://garmin.com/apps.
About Garmin International Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – 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 and StreetPilot are registered trademarks and ANT+, Garmin Connect, Garmin Fit and Tracker are trademarks of Garmin Ltd. or its subsidiaries. My-Cast is a registered service mark of Garmin Ltd. or its subsidiaries
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.
[1] Requires Deluxe Tracking service plan, available for $4.99 per month.
SCHAFFHAUSEN, SWITZERLAND / January 23, 2012 / Business Wire / — Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its fourth quarter 2011 earnings conference call that will be broadcast over the Internet on Wednesday, February 22, 2012 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on February 22, 2012.
What: Garmin Ltd. Fourth Quarter 2011 Earnings CallWhen: Wednesday, February 22, 2012 at 10:30 a.m. ET
Where: http://www.garmin.com/aboutGarmin/invRelations/irCalendar.html
How: Simply log on to the Web at the address above, or call to listen in at (888) 452-3998 (due to the limited number of lines available, we encourage you to dial-in approximately 30 minutes prior to the start of the call).
Contact: investor.relations@garmin.com
An archive of the live webcast will be available until March 28, 2012 on the Garmin website at www.garmin.com. To access the replay, click on the Investor Relations link and click over to the Events Calendar page.
Through its operating subsidiaries, Garmin Ltd. designs and manufactures navigation, communication and information electronics. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor, fitness, automotive, mobile 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 the Investor Relations site of Garmin Ltd.at www.garmin.com or contact the Investor Relations department at 913-397-8200.
OLATHE, Kan./January 9, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced Garmin® Approach™ G6 GPS golf device – a sleek, slim glove-friendly device weighing just over three ounces that comes preloaded with over 25,000 worldwide courses and is equipped with an internal rechargeable battery giving golfers the opportunity for an entire weekend worth of play on one charge. The Approach G6 is the ultimate instrument for the serious player and was announced in preparation for the Consumer Electronic Show (CES) in Las Vegas, NV (January 10-13) and the PGA Merchandise Show in Orlando, FL (January 25-28, 2012) where it will be prominently displayed at Garmin booths in each location.
“With its new features, the Approach G6 becomes a must-have tool for every serious golfer,” said Dan Bartel, Garmin’s vice president of worldwide sales. “It’s small enough to fit in a golfer’s shirt pocket and golfers who travel the world now have access to worldwide courses without hidden fees or subscriptions. The Approach G6 was designed to take golfers’ games to the next level.”With the Approach G6, Garmin continues to re-write the rules for golf course availability by offering over 25,000 worldwide courses (and growing). Golfers headed to Scotland to play a round on one of the sport’s first courses, or those who are headed to Australia to soak up some sun during their swings will have many of their favorite courses right out of the box. Garmin offers free course updates throughout the year that add new courses and make minor edits to the current lineup that ensure accuracy. Just as courses change, so do the pin placements - the flag can be adjusted for the current day’s pin placement with the simple touch of the screen and the large yardage number gives golfers the distance to the pin while the other two numbers give them distance to the front and back.
Fitting in the palm of a user’s hand, the Approach G6’s 2.6” sunlight readable display provides large, bright, high-contrast graphics and numbering so that it does not slow down the game. The Approach G6 even offers layup arcs that are drawn on the map and offer at-a-glance references to 100, 150, 200 and (when applicable) 250 yards for layup decisions. Golfers can even touch the place on the layout map that they want to measure, judge layups or zero in on hazards or obstacles that may affect their shot, and zoom in for an even closer look at the landing area. Even with its enhanced graphics and robust features, the Approach G6’s internal rechargeable battery lasts up to 15 hours in typical use, giving golfers an additional piece of mind when out on the links.
Keeping track of a player’s stats throughout the round like fairways hit, Greens in Regulation (GIR) and putts per round just became a whole lot easier with the Approach G6. Golfers can review these stats right on the device, or download and access a printable version on their computer. From an easy to reach menu option, users can select their club, and then measure the exact yardage of each shot they take. The stat tracking feature will calculate the average distance golfers hit with every club. With the new digital scorecard, Approach G6 allows users to keep track of strokes for up to four golfers using any of the new scoring options which include Stroke Play, Stableford, Skins and Match Play with adjustable handicaps.
The new Approach G6 is expected to be available in February 2012 and will have a suggested retail price of $299.99. Approach G6 is the latest solution from Garmin’s growing outdoor segment, which focuses on developing technologies and innovations to enhance users’ outdoor experiences. Whether it’s Golfing, Hiking, Hunting or Geocaching, Garmin outdoor devices are becoming essential tools for outdoor enthusiast of all levels. For more information about Garmin’s other outdoor products and services, go to http://www.garmin.com/us/products/onthetrail/, www.garmin.blogs.com and http://twitter.com/garmin.
About Garmin International Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – 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 and Approach are registered trademarks of Garmin Ltd. or its subsidiaries.
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.
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OLATHE, Kan./January 9, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, will showcase its industry-leading factory-installed navigation and innovative infotainment solutions at the 2012 Consumer Electronics Show in Las Vegas. The week will be highlighted by an award presentation in which J.D. Power and Associates executives will recognize Garmin’s in-car navigation in the Dodge Charger as “Highest Customer Satisfaction With Factory Installed Navigation Systems”. The honored Garmin navigation system was first introduced as a factory-installed option on the 2011 Dodge Charger, Journey and Chrysler 300 models, and later expanded to additional Chrysler, Dodge, RAM and Jeep vehicles.
“Receiving the J.D. Power and Associates award for factory-installed navigation in our first year of eligibility for this category is an honor as Garmin strives for a seamless navigation experience, regardless of whether drivers choose a stand-alone device, a smartphone app or an in-dash system,” said Matthew Munn, Garmin’s Managing Director Automotive OEM. “As the global leader in navigation, Garmin makes customer satisfaction a priority for built-in navigation as well as fully integrated infotainment solutions that provide an intuitive automotive user experience that the world has come to expect from Garmin.”The award will be presented at CES in Garmin’s automotive booth (S115) at noon Wednesday, Jan. 11, by Mike Van Nieuwkuyk, J.D. Power and Associates’ Executive Director Automotive OEM. Garmin’s newest consumer products will also be displayed and demonstrated at CES (booth 35812).
Garmin received the top ranking in the J.D. Power and Associates 2011 U.S. Navigation Usage and Satisfaction StudySM, taking two of the top three spots. According to the study, “The Garmin system fitted to the Dodge Charger ranks highest in owner satisfaction with factory-installed navigation systems and performs particularly well in the navigation display screen, ease of use and speed of system factors.” Garmin’s system installed in the Chrysler 300 finished close behind in third. Now in its 13th year, the study identifies six factors that contribute to overall satisfaction with factory-installed navigation systems. In order of importance, they are: ease of use; routing; navigation display screen; speed of system; voice directions; and voice recognition.
“Furthermore,” the study continued, “the trend toward integrating the controls of different systems in the vehicle, including audio, climate control and phone, only adds to the ease-of-use issues that owners experience with their navigation system.” With that in mind, Garmin will use CES as an opportunity to unveil an exciting array of next-generation technology at Garmin’s automotive OEM showcase.
Among the innovations being demonstrated will be:
Garmin provides a broad range of in-vehicle electronics for the automotive industry, including automotive grade infotainment and telematics systems, navigation software, location-based services, and integrated portable navigation systems. Since its inception in 1989, Garmin has delivered more than 91 million GPS enabled devices – far more than any other navigation provider. Garmin's market breadth in the navigation industry is second to none, having established a leadership position in each of the markets it serves, including automotive, aviation, marine, fitness, outdoor recreation, tracking, and wireless applications.
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 is a registered trademark 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.
OLATHE, Kan./January 9, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced the nüvi® 3500 series, the company’s newest flagship personal navigation devices (PNDs) and the company’s first GPS navigators that combine the ultra-thin form factor with a large, 5-inch glass display. The 3500 series is part of the Prestige line of 2012 nüvis and includes the most premium features available on any device such as the Guidance 3.0 navigation engine, Digital 3D Traffic and compatibility with Garmin’s newest Android™ application, Smartphone Link. The nüvi 3500 series will be showcased in the Garmin booth (South Hall #35812) at this year’s Consumer Electronics Show.
“The nüvi 3500 series rounds out Garmin’s 2012 line up of PNDs as the most full-featured, top tier navigators,” said Dan Bartel, Garmin’s vice president of worldwide sales. “This series offers it all, from the thin and stylish form factor and large display to the most premium capabilities like Digital 3D Traffic and Smartphone Link compatibility. What’s more, all of these features are included with the purchase of the device, so customers don’t have to worry about any additional costs, fees or subscriptions.”Notice on forward-looking statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. All statements regarding the company’s future product introductions are forward-looking statements. 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.
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OLATHE, Kan./January 9, 2012/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced the launch of Smartphone Link, the first Android app to provide live services to personal navigation devices (PNDs). Smartphone Link creates a seamless navigation experience between any Bluetooth® enabled 2012 Garmin nüvi and an AndroidTM smartphone allowing them to communicate and share data. Among other functionalities, the app lets nüvi users add live services, such as traffic information, traffic camera images, weather and fuel prices to their navigation device, utilizing the smartphone's mobile data plan. Garmin Smartphone Link is available at no cost in the Android Market and includes several free live services as well as premium content available through subscriptions.
“Garmin Smartphone Link solves the problem of having to pay for an extra data plan to use live services on a PND by utilizing the existing connection of a smartphone,” said Dan Bartel, Garmin’s vice president of worldwide sales. “It is a great example of how smartphone apps can complement navigation devices, which offer key benefits such as bigger screens and better GPS reception.”
Free connected services include live weather information and myGarmin™ messaging, which provides update notifications and special offers from Garmin. Premium Live Services include the following:
Live Traffic ($19.99 per year): Garmin Live Traffic provides the best-in-class real-time information to help users navigate in and around congestion. Live Traffic is updated every two minutes and receives more than 1,000 messages every update cycle, including details of traffic incidents, road conditions and delays. It covers major highways, interstates and main roads.
photoLive traffic cameras ($9.99 per year): This functionality is an addition to Garmin’s Live Traffic feature and provides drivers the ability to literally see traffic conditions ahead of time. It lets users easily look up real-time photos from traffic cameras to get a glance at traffic and weather conditions. Included are more than 10,000 traffic cameras across the U.S. and Canada that send images every couple of minutes.
Fuel Prices ($9.99 per year): Users can find the best prices for any grade of fuel in their area by tapping the screen and selecting a station.
Advanced Weather ($4.99 per year): Get current and 5-day forecasts tailored for major cities in the U.S. and Canada. In addition to what the free weather service provides, Advanced Weather also allows users to receive severe weather alerts and view animated radar images on a map. Colors distinguish types of precipitation such as rain, snow and ice, to help you avoid bad driving conditions.
In addition to using Garmin Live Services, Smartphone Link allows the Garmin GPS to share its favorite locations with the phone. And better yet, the app can help users find their way from a parking spot to their destination and back by displaying both on a map.
Garmin Smartphone Link works with all Bluetooth enabled 2012 Garmin PNDs, the nüvi 2475LT, 2495LMT, 2595LMT, 3490LMT and the all-new 3590LMT, the company’s most feature-packed 5” navigator. All of these models require a software update, except the nüvi 3590LMT. Garmin Smartphone Link is available from the Android Market at no cost. To learn more, go to http://sites.garmin.com/smartphonelink.
The new nüvi 3590LMT features pinch-to-zoom touchscreen interaction, automatic dual-screen orientation and Garmin’s most advanced ensemble of mapping and navigation features available: Guidance 3.0, free lifetime digital 3D traffic updates[1] from the HD Radio System, voice-activated navigation, free lifetime map updates[2], lane assist with photoReal junction view (a Garmin exclusive), Bird’s Eye junction view, 3-D landmarks and terrain views, and exit services, among many other functions. The premium PND is expected to be available in spring 2012. For more information about individual nüvi models, features and pricing, visit http://www.garmin.com/move.
Find details about Garmin’s other smartphone apps for a wide variety of activities at http://garmin.com/apps.
About Garmin International Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN), the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications – 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 and nüvi are registered trademarks of Garmin Ltd. or its subsidiaries.
Bluetooth is a registered trademark of Bluetooth SIG, Inc. Android is a trademark of Google Inc. 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.
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[1] FREE lifetime traffic updates may not be transferred to another person or another Garmin product. Lifetime traffic extends for the useful life of your Garmin traffic receiver (as long as you own a compatible Garmin GPS) or as long as Garmin receives traffic data from its traffic supplier, whichever is shorter. Traffic content not available for all areas. See traffic coverage areas and Program License Agreement for complete terms and conditions.
[2]FREE lifetime map updates entitle you to receive up to four map data updates per year, when and as such updates are made available on the Garmin website, for this specific Garmin product only until this product’s useful life expires or Garmin no longer receives map data from its third party supplier, whichever is shorter.
SCHAFFHAUSEN, Switzerland/December 22, 2011/Business Wire – Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that it has acquired Centro GPS, the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Chile.
Centro GPS will be renamed Garmin Chile and will continue operations at its current facilities located in Santiago, which employs approximately 25 associates.“We are happy to welcome the Chilean team into the Garmin family,” said Dr. Min Kao, chairman and CEO of Garmin Ltd. “Garmin is investing heavily in the emerging South American market, and this is a key acquisition that will allow us to maintain a leadership role in this important region.”
The acquisition of Centro GPS is preceded by Garmin Ltd.’s opening of a Brazilian office in 2006, and represents its continued commitment to the emerging South American market. Financial terms of the transaction were not released.
Since its inception in 1989, Garmin has delivered 88 million GPS enabled devices – far more than any other navigation provider. Garmin’s market breadth in the GPS industry is second to none, having developed innovative products and established a leadership position in each of the markets it serves, including automotive, aviation, marine, fitness, outdoor recreation, tracking, and wireless applications.
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 is a registered trademark of Garmin Ltd.
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.
OLATHE, Kan./December 20, 2011/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today the release of a new GTN 750 trainer app for the iPad 2. This trainer, downloadable from the iTunes Store, simulates the behavior of the GTN 750 system interface and provides pilots with a safe, on-the-ground environment to learn the basic operation of the system.
“The iPad’s touchscreen interface lends itself well to realistically simulating the full GTN experience,” said Carl Wolf, Garmin’s vice president of aviation sales and marketing. “By using this tool, pilots can interact with the trainer like they would with the device in the cockpit, allowing them to become more familiar and comfortable with a GTN before ever going up in the air. It’s great for those who fly a GTN-equipped aircraft including owners, renter pilots, flight instructors, students and line pilots, as well as those who are considering purchasing the new avionics.”###
OLATHE, Kan./December 12, 2011/Business Wire — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that it has received the European Aviation Safety Agency’s (EASA) validation of the U.S. Supplemental Type Certificate (STC) for the GTN 650 and GTN 750 series touchscreen avionics. With this validation, these avionics are certified and approved for installation in hundreds of makes and models of European-registered general aviation aircraft.
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Map Management Capabilities Prolong Internal Phone Storage, New Version also Includes an Option for Quarterly Map Updates and a New User Interface
HAMBURG, Germany/November 17, 2011/Business Wire – NAVIGON, a subsidiary of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today launched the second generation of its award-winning iPhone navigation app, NAVIGON 2.0 for iPhone. The new version completely redefines core elements of iPhone navigation, including a new and unique map management function and an in app purchase option for quarterly map updates, both not found in any other onboard navigation app. Also included is a very simple and intuitive user interface. Existing NAVIGON for iPhone users receive the update to the new version at no cost.
“Navigation systems have become more complex over the last years. We’ve added over 30 new features to our app since it first launched, ranging from traffic and parking information to advanced lane guidance, and our challenge with this new version was to not just add new functionalities but take the overall user experience to the next level,” said Gerhard Mayr, NAVIGON vice-president of worldwide mobile phone business. “We completely rethought the way the app interface is structured and as a result, NAVIGON 2.0 is more intuitive and easier to use than ever before. We’re also the first ones to solve the problem of having to save large amounts of map data on the phone to be independent of a data connection. The new version allows users to pick exactly which maps they need on their iPhone, leaving more room for other apps or photos and videos, for example.”Map Management and Update Capabilities
NAVIGON 2.0 is the first iPhone onboard navigation app that separates the app from the maps, allowing users to choose which map regions to download to their device. Users who, for example, own the USA version can pick the states they want immediately and download additional regions at a later time[1]. This ability prolongs internal phone storage, since users save only the maps they need on their device. Separating the app and maps also simplifies future updates, as users can update the app (about 40MB) without reinstalling the maps multiple times.
NAVIGON 2.0 is also the first iPhone navigation app to offer quarterly map updates. The FreshMaps service uses trusted, field-verified, and quality-controlled map and points of interest updates from NAVTEQ® to ensure the most accurate data possible. Users can keep their maps accurate and reliable by receiving quarterly updates for a one-time fee. FreshMaps also upgrades the USA or regional versions to the full North America map. NAVIGON’s new Latest Map Guarantee provides customers the latest NAVTEQ map available when purchasing NAVIGON 2.0 for iPhone.
New User Interface
The new user interface is much easier to use, allowing to easily switch between different pages with animated menus and new multi-touch user gestures. It is now possible to access the start screen during navigation to enter a new address without having to first stop the current route. In addition, NAVIGON separated the app options into two menus, differentiating between settings and actions. The new Settings menu allows users to easily customize functions and change preferences, for example when to receive speed warnings, while the new Actions menu lets you use functions that are needed while navigating such as points of interest search and social network postings.
NAVIGON 2.0 for iPhone also has a fresh new look that displays the map in the background even when accessing menu pages. Furthermore, it is very easy to rotate and zoom maps in any direction when in 3D mode and tap points of interest on the map to instantly add them to a route.
Pricing and Availability
The NAVIGON 2.0 upgrade is available at no cost for all existing customers. NAVIGON’s North American apps and selected in app purchases are up to $25 off until November 30, 2011. The promotional offerings are below next to the regular prices.
[1] Map downloads require an internet connection.