December 03, 2008
Garmin® Announces Completion of the Acquisition of its Swedish Distributor Garmin announced today that it has completed the acquisition of Sportmanship International AB (“Sportmanship”), the distributor of Garmin’s consumer products in Sweden. The company is expected to be renamed Garmin Sweden AB and will retain its management, sales, marketing and supporting staff, consisting of approximately 28 people. Financial terms of the transaction were not released.
November 13, 2008
Garmin® Receives ODA Approval from FAA Garmin International Inc., a unit of Garmin Ltd. announced today that it has received Organization Designation Authorization (ODA) from the Federal Aviation Administration (FAA). The ODA designation permits Garmin to conduct certain activities on behalf of the FAA, such as the authority to issue Supplemental Type Certificates (STCs) approving installations of Garmin avionics in aircraft. This delegation converts the existing Garmin Organization Designated Airworthiness Representative (ODAR) and Designated Alteration Station (DAS) organizations to ODA and extends the authority to include Garmin’s Salem, Oregon, facility.
November 03, 2008
Garmin® and Automotive OEM Celebrate Five-Year Partnership with New Navigation Systems Garmin International Inc., a unit of Garmin Ltd. announced today that it has strengthened its partnership with BMW AG, by offering two new navigation devices to enhance the already successful line of BMW Portable Navigation Systems. These Garmin devices are known as the Portable Navigation System Plus and Portable Navigation System Pro, and are available now at BMW dealerships in North America, Europe and other selected regions of the world.
October 29, 2008
Garmin Reports Record Third Quarter Revenues with Strong Operating Margin and Increased Market Share
• Total revenue of $870 million, up 19% from $729 million in third quarter 2007
• Automotive/Mobile segment revenue increased 21% to $626 million in third quarter 2008
• Outdoor/Fitness segment revenue increased 35% to $119 million in third quarter 2008
• Aviation segment revenue increased 9% to $81 million in third quarter 2008
• Marine segment revenue decreased 8% to $44 million in third quarter 2008
• North America and Europe continued to experience growth:
• North America revenue was $585 million compared to $454 million, up 29%
• Europe revenue was $247 million compared to $227 million, up 9%
• Asia revenue was $38 million compared to $48 million, down 21%
• Gross margin of 44.3% compared to 45.8% in second quarter 2008 and 46.9% in third quarter 2007
• Operating margin of 24.6% compared to 26.2% in second quarter 2008 and 29.4% in third quarter of 2007
• Diluted earnings per share of $0.82 compared to $0.88 in third quarter 2007; excluding foreign exchange, EPS was $0.87 compared to $0.89 in the same quarter in 2007.
October 03, 2008
Garmin® Signs Letter of Intent to Acquire Swedish Distributor Garmin Ltd.announced today that it has signed a letter of intent for the proposed acquisition of Sportmanship International AB (“Sportmanship”), the distributor of Garmin’s consumer products in Sweden. The completion of the acquisition is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial due diligence and customary closing conditions. The acquisition is expected to be completed in December 2008.
September 08, 2008
Leading Australian mapping provider selects Garmin® for mobile phone navigation Garmin International Inc., a unit of Garmin Ltd. announced today an agreement with Australian company Sensis whereby Garmin will be the turn-by-turn navigation provider for selected Telstra GPS-enabled mobile phones. Sensis, Australia’s leading information resource, and a wholly-owned Telstra subsidiary, will provide the point of interest information and other dynamic content for the navigation application, “Whereis® Navigator.” Whereis® Navigator is based on Garmin Mobile®, Garmin’s intuitive mobile phone application that gives turn-by-turn, voice-prompted navigation directly on the phone.
August 28, 2008
Garmin® Announces Completion of the Acquisition of its Distributor in Portugal Garmin Ltd. announced today that it has completed the acquisition of SatSignal- Equipamentos de Comunicações e de Navegação, S.A., the distributor of Garmin’s consumer products in Portugal. The company will be renamed Garmin Portugal– Equipamentos de Comunicação e Navegação, S. A. and will continue operations at its current headquarters located in Cacém, near Lisbon, Portugal. Financial terms of the transaction were not released.
August 04, 2008
Garmin and Harley-Davidson Team Up to Offer Road Tech zumo Garmin International Inc., a unit of Garmin Ltd. today announced the introduction of the
Road Tech zumo, from Harley-Davidson Genuine Motor Accessories. A customized version of Garmin’s popular motorcycle-specific GPS device specially enhanced for Harley owners, the
Road Tech zumo will be on display and available for sale beginning the week of Aug. 4 at the Sturgis Motorcycle Rally and around the world in Harley-Davidson authorized dealerships. Road Tech zumo’s extensive directory of Harley-Davidson dealerships adds to the preloaded database of more than six million points of interests, such as hotels, restaurants, gas stations, ATMs, and attractions. A custom handlebar mount quickly secures the Road Tech zumo while providing the option of easily transferring the Road Tech zumo to your car or truck for four-wheel navigation. And for those adventurers who want to plan and envision their road trip in advance, the ride planner at Harley-Davidson.com helps users find, create and adapt great rides and easily download them to the Road Tech zumo. In addition, riders can swap routes and waypoints with other zumo owners via the unit’s SD card slot.
July 31, 2008
Garmin® Announces Completion of the Acquisition of its Austrian Distributor Garmin Ltd. announced today that it has completed the acquisition of Puls Elektronik GmbH, the distributor of Garmin’s consumer products in Austria. The company will be renamed Garmin Austria GmbH and will retain its management, sales, marketing and supporting staff, consisting of approximately 30 people, and will continue operations at its current headquarters located in Nestelbach/Graz, Austria.
Garmin’s Avionics Are First to Meet the FAA’s ADS-B Requirements Garmin International Inc., a unit of Garmin Ltd continues to develop products that promote the advancement of Automatic Dependent Surveillance-Broadcast (ADS-B) avionics, and has recently supported its local Kansas City aviation community by assisting to equip six law enforcement and news helicopters with ADS-B avionics.
July 30, 2008
Garmin Reports Record Second Quarter Revenues on Strength of Automotive/Mobile and Outdoor/Fitness Segments
• Total revenue of $912 million, up 23% from $742 million in second quarter 2007
• Automotive/Mobile segment revenue increased 24% to $632 million in second quarter 2008
• Outdoor/Fitness segment revenue increased 54% to $119 million in second quarter 2008
• Aviation segment revenue increased 15% to $90 million in second quarter 2008
• Marine segment revenue decreased 11% to $71 million in second quarter 2008
• North America and Europe continued to experience growth:
- North America revenue was $576 million compared to $455 million, up
- 27% Europe revenue was $307 million compared to $257 million, up 19% Asia revenue was $29 million compared to $31 million, down 6%
- Gross margin remained solid at 45.8% compared to 48.2% in first quarter 2008 and 50.5% in second quarter 2007
• Operating margin was up 20 basis points sequentially to 26.2% in first quarter 2008 and was down compared to 32.5% in second quarter of 2007
• Diluted earnings per share increased 21% to $1.19 from $0.98 in second quarter 2007; excluding foreign exchange, EPS increased 18% to $1.18 from $1.00 in the same quarter in 2007. EPS includes $0.25 related to a gain of $66 million from the tender of our Tele Atlas N.V. shares.
Garmin® Completes Acquisition of Distributor in Finland Garmin Ltd. announced today that it has completed the acquisition of NavCor Oy (“NavCor”), the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Finland. The company will be renamed Garmin Suomi Oy and will retain its management, sales, marketing and supporting staff, and will continue operations at its current headquarters and warehouse facility located in Lohja, Finland.
June 11, 2008
Garmin Adopts Rule 10b5-1 Plan in Conjunction with Share Repurchase Program Garmin Ltd. announced today that it has adopted a Rule 10b5-1 plan covering five million shares of the 10 million shares repurchase authorization that was approved by the company’s board of directors on June 6, 2008. A plan under Rule 10b5-1 allows a company to repurchase its shares at times when it otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods. A broker selected by Garmin will have the authority under the terms and limitations specified in the plan to repurchase shares on the company’s behalf in accordance with the terms of the plan. The company may terminate the plan at any time. Purchases of the remaining five million shares under the 10 million shares repurchase authorization may be made from time to time at the discretion of management as market and business conditions warrant.
June 06, 2008
Garmin® Announces 2008 Annual Dividend and Share Repurchase Program Garmin Ltd. announced today that its board of directors has approved the payment of a 2008 annual cash dividend in the amount of $0.75 per share. The dividend is payable to shareholders of record on December 1, 2008 and will be paid on December 15, 2008. Garmin Ltd. also announced that its board of directors approved a share repurchase program authorizing the company to purchase up to 10 million common shares of Garmin Ltd. as market and business conditions warrant.
May 30, 2008
Garmin® Completes Acquisition of Distributor in Belgium/Luxembourg Garmin Ltd. announced today that it has completed the acquisition of Formar Electronics N.V./ S.A. (“Formar”), the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Belgium and Luxembourg. The company will be renamed Garmin Belux N.V./S.A and will retain its management, sales, marketing and supporting staff, consisting of 25 people and will continue operations at its current headquarters and warehouse facility located in Brussels.
May 01, 2008
Garmin® Signs Letters of Intent to Acquire Distributors in Austria and Portugal Garmin Ltd. announced today that it has signed letters of intent for the proposed acquisition of Puls Elektronik GmbH (“Puls Elektronik”), the distributor of Garmin’s consumer products in Austria and Satsignal Equipamentos de Comunicações e de Navegação S.A. (“Satsignal”), the distributor of Garmin’s consumer products in Portugal. The completion of each of these acquisitions is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial due diligence and customary closing conditions. The acquisitions are expected to be completed by August 2008. Financial terms of the proposed transactions were not released. Following the acquisition, Puls Elektronik is expected to change its name to Garmin Austria GmbH. and Satsignal is expected to change its name to Garmin Portugal S.A. Puls Elektronik and Satsignal will each retain their management, sales, marketing and supporting staff, consisting of 30 people and 15 people respectively, and will continue operations at their current headquarters located respectively in Graz, Austria and Lisbon, Portugal.
April 30, 2008
Garmin Reports Record First Quarter; Strong Margins and Increased Market Share • Total revenue of $664 million, up 35% from $492 million in first quarter 2007
• Automotive/Mobile segment revenue increased 43% to $452 million in first quarter 2008
• Marine segment revenue increased 30% to $56 million in first quarter 2008
• Aviation segment revenue increased 19% to $85 million in first quarter 2008
• Outdoor/Fitness segment revenue increased 16% to $71 million in first quarter 2008
• All geographic areas experienced healthy growth:
- North America revenue was $411 million compared to $323 million, up 27%
- Europe revenue was $211 million compared to $148 million, up 43%
- Asia revenue was $42 million compared to $21 million, up 100%
• Gross margin increased sequentially and held steady year-over-year, with first quarter 2008 at 48.2%, compared to 48.3% in first quarter 2007;
• Operating margin increased sequentially and declined slightly year-over-year, with first quarter 2008 at 26.0%, compared to 28.1% in first quarter 2007.
• Earnings per share increased 5% to $0.67 from $0.64 in first quarter 2007; excluding foreign exchange, EPS increased 17% to $0.69 from $0.59 in the same quarter in 2007.
March 31, 2008
MapQuest and Garmin® Announce a Partnership to Deliver MapQuest Directions and Maps Directly to Garmin GPS Devices MapQuest, Inc. and Garmin International Inc., a unit of Garmin Ltd. today announced plans for the upcoming launch of a new feature that will allow consumers to send trip planning results from MapQuest.com, the #1 online mapping website,* directly to their Garmin personal navigation device. Through the partnership, users can find a place, as well as plan and research routes, at MapQuest.com, then send the locations directly to Garmin GPS units by utilizing the “Send to GPS” drop down option. Users will then be able to easily access previously sent location data from their Garmin device without needing to input information directly on the device.
Garmin®Simplifies Searching, Sending and Navigating to Locations through Google Maps Garmin International Inc., a unit of Garmin Ltd. today announced that users can now send locations found on Google Maps™, an innovative online mapping service, directly to their Garmin personal navigation device. The process is quick and easy. Users begin by searching Google Maps for a specific business or a broader category – “Kansas City barbecue,” for example – and the results will appear on a map. The desired location can then be saved directly to the Garmin device through the Send-to function. This reduces delays, including delays that can be caused by intermediary software, so that users can immediately resume their search for more places or get in their car and go.
March 03, 2008
Garmin® Signs Letters of Intent to Acquire Distributors in Belgium and Finland Garmin Ltd. announced today that it has signed letters of intent for the proposed acquisition of Formar Electronics N.V./ S.A. (“Formar”), the distributor of Garmin’s consumer products in Belgium and Luxembourg, and NavCor Oy (“NavCor”), the distributor of Garmin’s consumer products in Finland. The completion of each of these acquisitions is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial due diligence and customary closing conditions. The acquisitions are expected to be completed by May, 2008. Financial terms of the proposed transactions were not released. Following the acquisition, Formar is expected to change its name to Garmin Belux N.V./S.A. and NavCor is expected to change its name to Garmin Suomi Oy. Formar and NavCor will retain their management, sales, marketing and supporting staff, consisting of 25 people and approximately seven people respectively, and will continue operations at their current headquarters located respectively in Brussels, Belgium and Lohja, Finland.
February 22, 2008
Garmin Opening Offices to Serve Australia, New Zealand Garmin Ltd today announced plans to open company-owned offices in Australia, to be known as Garmin Australasia Pty Ltd. The new facility will include a full warehouse, sales, marketing and customer support staff that will provide an unprecedented level of service to dealers and customers in Australia and New Zealand for Garmin’s consumer products. Over the past 17 years, Garmin’s Australasian presence has been represented by GME. Both GME and Garmin are working closely together to ensure a seamless transition for both dealers and customers. The transition for Australia is expected to be completed on July 1, 2008. The transition for New Zealand is expected to be completed on January 1, 2009.
February 20, 2008
Garmin Reports Best Quarter and Best Year in Company History, Announces Share Repurchase Program, Offers 2008 Guidance
• Total revenue of $1.217 billion, up 99% from $611 million in fourth quarter 2006
• Automotive/Mobile segment revenue increased 124% to $999 million in fourth quarter 2007
• Aviation segment revenue increased 16% to $71 million in fourth quarter 2007
• Outdoor/Fitness segment revenue increased 43% to $114 million in fourth quarter 2007
• Marine segment revenue increased 31% to $33 million in fourth quarter 2007
• All geographic areas experienced significant growth:
• North America revenue was $836 million compared to $393 million, up 113%
• Europe revenue was $338 million compared to $194 million, up 74%
• Asia revenue was $43 million compared to $24 million, up 79%
• Diluted earnings per share increased 70% to $1.39 from $0.82 in fourth quarter 2006; excluding foreign exchange, EPS increased 51% to $1.31 from $0.87 in the same quarter in 2006.
November 17, 2008
Garmin® Announces New Marine Charts: More Details at a Lower Price
Garmin International Inc., a unit of Garmin Ltd., announced today the next generation of its BlueChart® g2 and BlueChart g2 Vision™ technology – giving boaters even more dimension and information to what is already considered the benchmark in marine cartography. Beginning January 2009, Garmin’s traditional BlueChart data will be replaced with a redefined version of BlueChart g2. Building on the popularity of the BlueChart product family, the revised mapping data will add increased dimension and standardized information to the Garmin marine chart offerings, and will allow the user to define colors to depth contour ranges. Users will also benefit from improved transition between zoom levels and seamless changes across chart boundaries with the redesigned product.
October 29, 2008
Garmin® GHP™ 10 Autopilot System: Now Shipping and on Display
Garmin International Inc., a unit of Garmin Ltd. today announced its GHP 10 Marine Autopilot system is now shipping to dealers and will be on display for the public at the Fort Lauderdale International Boat Show (Bahia Mar electronics tent, booth #1305). Garmin also introduced the GHC™ 10 Marine RF Autopilot Remote Control – giving boaters more freedom while controlling their boat. The GHP 10 Marine Autopilot has been critically acclaimed for its unique capabilities and ease of use. It uses an ingenious Shadow Drive™ technology – a patented capability that automatically disengages the autopilot if the helm is turned, allowing for quick manual maneuvers without manually disengaging the autopilot. Once the helmsman has re-established a new course, the GHP 10 will automatically resume control. The GHP 10 employs the industry-standard NMEA 2000 interface, and it is designed primarily for boats up to 70 feet using outboard, inboard or stern drives using hydraulic steering.
October 13, 2008
Garmin® Enhances Functionality of Fleet Management Interface
Garmin International Inc., a unit of Garmin Ltd. announced that it has launched improvements to its Fleet Management Interface (FMI) system to include highly requested features such as canned responses and messages, driver ID and driver status protocol. Garmin’s FMI service is integrated with leading mobile resource management companies to enable fleet tracking, messaging, dispatch and navigation directly on Garmin’s portable navigation devices. With Garmin’s FMI, fleet dispatchers can send multiple destinations and other instructions directly to their drivers. With a tap on the screen, drivers can access detailed turn-by-turn, text-to-speech, voice prompted directions to their destinations. The recently updated FMI specifications, v2, include enhanced options that will improve customer response, optimize fleet resources, and ultimately, achieve lower costs and higher profits for the company.
October 03, 2008
Garmin® Announces the GPSMAP® 600 Series: Touchscreen, Rugged and Ready for Land or Sea
Garmin International Inc., a unit of Garmin Ltd. today announced the GPSMAP 640 – an ultra portable and rugged touchscreen navigator that comes preloaded with a comprehensive set of street maps and marine charts. Garmin also introduced the GPSMAP 620, which shares the same intuitive interface and is designed for markets outside the United States. Portable and powerful, the GPSMAP 600 series features a high-sensitivity GPS receiver and boasts an intuitive, waterproof (IPX7) super-bright 5.2” WVGA touchscreen display (800 x 480 pixels) that reacts as users tap or drag through intuitive menus and options. The GPSMAP 640 comes preloaded with comprehensive street maps of North America and worldwide shaded relief mapping in addition to detailed U.S. coastal BlueChart®g2™ charts. When placed in its included marine mount, these new portables will automatically start up in marine mode, presenting chart features such as shaded depth contours, port plans, wrecks, restricted areas and more.
September 30, 2008
Garmin® Introduces New Line of VHF Marine Radios
Garmin International Inc., a unit of Garmin Ltd announced today the VHF 100 and VHF 200, two new powerful VHF radios designed for both OEM and aftermarket applications. The VHF 100 is Garmin’s entry-level radio, offering 25 watts of transmit power and Class D Digital Selective Calling (DSC) capability via NMEA 0183. In addition to dedicated buttons and knobs for ease of use, the VHF 100 features three soft keys that allow boaters to intuitively see and select the information they want, while eliminating the clutter they don’t. That information is presented on a 3.2-inch display – the largest screen available in its class. The VHF 100 also features NOAA weather alerts and Position Tracking, which allows a mariner to locate and keep tabs on up to three other boats that use a Garmin system.
September 11, 2008
Garmin® Introduces the GWS™ 10: The Art of Windage Made Simple
Garmin International Inc., a unit of Garmin Ltd. today announced the GWS 10 wind sensor, a NMEA 2000 compliant marine instrument that provides essential wind speed and direction data. This precision instrument was introduced in advance of the 2008 boat show season. The GWS 10 “smart transducer” installs with ease and provides data output to the cockpit display via the NMEA 2000 cable and bus. Designed to interface with Garmin’s GMI™ 10 universal marine instrument display, the GWS 10 is compatible with the GPSMAP® 4000 and 5000 series, or any NMEA 2000-enabled chartplotters and displays. With the GWS 10, boaters will enjoy exceptionally smooth digital needle movement with the 10Hz wind data output as it’s displayed on the GM1 10.
August 27, 2008
Garmin® Introduces nüvi® 7x5 Series with Lane Assist, Giving Drivers a Clear Picture of the Road Ahead
Garmin International Inc., a unit of Garmin Ltd. today announced the next evolution of the nüvi 700 series, adding state-of-the-art technology to this popular line of advanced navigators. With lane assist, the nüvi 7x5 series provides drivers with a clear illustration of what lies ahead on their route. This new and improved series gives clear guidance on a 4.3” touchscreen that details upcoming maneuvers and specific driving directions, including road sign detail and arrows indicating the proper lane for navigation. In some areas, a 3-D transparent view of buildings appears, giving drivers a more realistic depiction of their location. The nüvi 7x5 series also features accelerated map-drawing and routing capabilities, and makes screen zooming even smoother than before. For faster satellite prediction, nüvi 7x5 has Garmin’s HotFix™ feature which automatically calculates and stores critical satellite information.
Garmin® Expands Affordable nüvi® 2x5 Series, Offering Hands-Free Calling and Lifetime Traffic Alerts
Garmin International Inc., a unit of Garmin Ltd. today announced the next evolution of the popular nüvi 2x5 series, adding top-of-the-line features to this family of affordable navigators. The nüvi 265T, 265WT and 275T enhance upon their 2x5-series predecessors with Bluetooth® wireless technology for hands-free calling and provide free traffic alerts. In addition to features offered by other members of the nüvi 2x5 family, these new navigators boast lifetime traffic alerts from NAVTEQ Traffic that allow drivers to steer clear of traffic accidents, road closures and construction. These devices come standard with a traffic receiver that will provide alerts in the coverage areas, and no subscription fee is required. Thanks to Bluetooth hands-free connectivity, these nüvis make it possible for drivers to make and receive calls using the unit’s built-in microphone and speaker. For states which prohibit the use of handheld cell phones while driving, the Bluetooth hands-free option is ideal. With the patented auto time zone feature, these nüvis will automatically adjust your time zone while navigating. All nüvis in the 2x5 series include Garmin’s new HotFix™ feature which automatically calculates and stores critical satellite information for fast satellite reception. For the ultimate in awareness, these compact nüvis will also display the speed limit for major roadways.
July 28, 2008
Garmin’s G600™ Receives Certification, Deliveries Begin
Garmin International Inc., a unit of Garmin Ltd. announced today that it has received FAA Approved Model List Supplemental Type Certification with an Approved Model List (AML STC) for the G600, a revolutionary new avionics suite designed for the retrofit and forward fit avionics market. The FAA’s approval allows the G600 to be installed in 785 different makes and models of normal and utility category aircraft, including twin combustion engine and turbo-prop engine aircraft with a certification weight up to 12,500 lbs. Garmin’s G600 incorporates two individual displays – a PFD and MFD – in a customized package designed for easy retrofit installation. The G600 combines primary flight data including attitude and air data with navigation, weather, terrain and traffic data displayed in an intuitive pictorial format on dual LCD displays. This large, user-friendly presentation allows pilots to quickly and efficiently scan the data so that they can stay ahead of the aircraft during all phases of flight.
Garmin GMA 240 Audio Panel for Experimental and Light Sport Aircraft
Garmin International Inc., a unit of Garmin Ltd. announced today the GMA 240 audio panel, a non-certified audio panel designed for experimental and light sport aircraft. The GMA 240 includes many popular control and indication features found on Garmin’s certified audio panels, and has an attractive sub-$1,000 price point. The GMA 240 includes a 4 place stereo intercom system and support for two stereo music inputs. It has dual COM, NAV and AUX audio inputs. In addition, three unswitched audio alert inputs are provided for connection to external warning tones.
Garmin® Offers Map Data For Travelers to Beijing
Garmin International Inc., a unit of Garmin Ltd. announced today that it is now offering City Navigator® China NT 2008 – just in time for tourists who plan on traveling to Beijing in August. Offering nearly seven million points of interest (POIs) and available on a convenient microSD/SD card, users simply insert the maps into virtually any current Garmin personal navigation device (PND). Road and POI names are presented in Pinyin, the most common Latin-alphabet phonetic spelling of Mandarin Chinese. These maps offer full coverage of China, including street level detail for more than 980 cities and the roads that connect them – just select a destination and your nüvi gives you turn-by-turn directions to that location.
July 22, 2008
Garmin® Introduces Multi-Mode nüvi® 500 series for Rugged Navigation
Garmin International Inc., a unit of Garmin Ltd. today announced a new series of personal navigators that combine cutting edge navigation features with outdoor recreation navigation capabilities. With one touch, the nüvi 500 transitions between driving, bicycling, boating or walking mode, while boasting sought-after features such as routing capabilities, improved mapping and water-proof hardware. The nüvi 500 comes preloaded with detailed street and topographic mapping for the lower 48 U.S. states, Hawaii and Puerto Rico. The nüvi 550 boasts comprehensive street map coverage of the U.S. and Canada. When either model is used with an optional receiver, users can receive important updated information from Traffic Message Channel or MSN Direct. The dynamic content from the MSN Direct network includes traffic conditions, fuel prices, weather reports, movie listings, headline news, stock updates and local events. A scooter mount will come standard in select European markets and sold as an optional accessory elsewhere.
July 10, 2008
Garmin’s Touchscreen Oregon™ Series Gives Outdoor Enthusiasts the World at their Fingertips
Garmin International Inc., a unit of Garmin Ltd. today introduced the Oregon series of handheld GPS devices for outdoor, marine and fitness enthusiasts, combining an intuitive touchscreen interface, rugged, resilient design and a variety of preloaded mapping options. The Oregon 400t gives hikers preloaded U.S. topographic maps in state-of-the-art 3D elevation perspective. The Oregon 400i offers anglers shoreline details, depth contours and boat ramps for U.S. inland lakes and navigable rivers. The Oregon 400c is a saltwater specialist, providing chart coverage for the coastal U.S. and Bahamas. The Oregon 300 features a worldwide basemap with shaded relief. The Oregon 200 provides a basemap that can be easily supplemented with additional mapping or charts for your adventures on land or at sea.
June 26, 2008
Garmin® Introduces New and Improved Astro® GPS Dog Tracking Collar
Garmin International Inc., a unit of Garmin Ltd. today announced the DC™ 30, a completely redesigned GPS dog tracking collar for use with the Astro GPS Dog Tracking System. The new collar is more rugged and its antennas are positioned differently for optimal tracking. The DC 30 collar’s main housing is weighted to sit below the dog’s neck, while a small, low-profile GPS antenna is integrated into the collar strap and positioned on top of the dog’s neck, providing a clear view of satellites with minimal rotation. The transmitter antenna originates from the lower housing, and has been redesigned for more flexibility and ruggedness. No counterbalance or harness is needed. The weight for the transmitter plus antenna is 4.1 ounces, and the entire DC 30 weighs just 8.7 ounces.
June 18, 2008
Slipstream Sports, LLC Signs Garmin as Title Sponsor as GPS Leader Gears up for Tour de France
Garmin International Inc., a unit of Garmin Ltd. announced today its title sponsorship of Slipstream Sports, an elite cycling team that will be showcasing its dedication to clean competition in one of the biggest events in professional sports: the Tour de France. In tackling the daunting stages of the Tour — and redefining the face of cycling — Team Garmin will train and race with the Edge 705 GPS-enabled cycling computer and travel with nüvi 770 personal navigation devices. The sponsorship will extend through 2010 and the entire team – from kits to cars, will be re-branded for the Tour de France.
May 20, 2008
Cirrus Aircraft Announces Garmin® Integrated Flight Deck Selected for SR22-G3
Garmin International Inc., a unit of Garmin Ltd. announced today that Cirrus Aircraft will offer Cirrus Perspective™, Garmin’s all-glass, fully-integrated flight deck tailored for the Duluth, Minnesota, based aircraft manufacturer and its SR22-G3. Cirrus Perspective will be offered as an option on Cirrus SR22-G3 aircraft. All information — from aircraft attitude and air data to engine instrumentation, real-time weather data link, traffic and terrain — is integrated and digitally depicted on the 12-inch primary flight display (PFD) and multi-function display (MFD). Thanks to these large displays, pilots will be able to see the big picture, which will ultimately help simplify operation, enhance situational awareness and increase flight safety.
May 15, 2008
Garmin Mobile™for BlackBerry® Introduces a Lifetime of Navigation
Garmin International Inc., a unit of Garmin Ltd. announced today a one-time-purchase plan for Garmin Mobile for BlackBerry. This one-time, $99.99 purchase is only available in North America and will give customers who own BlackBerry devices unlimited use of Garmin Mobile’s turn-by-turn, voice prompted directions for the life of their specific BlackBerry. Users will also have unlimited access to Garmin Mobile’s dynamic content such as traffic, weather conditions and forecasts, fuel prices and more. The one-time purchase Garmin Mobile for BlackBerry is designed to meet the navigation needs of customers who prefer a one-time purchase rather than continuous monthly payments. Garmin Mobile for BlackBerry is easy to use and offers users extreme utility especially when traveling in unfamiliar areas. Users can navigate to addresses in North America, or search millions of points of interest (POI’s) – places like hotels, restaurants, shopping, and tourist attractions. Once a destination is selected, Garmin Mobile for BlackBerry automatically calculates the fastest route to the destination, and provides voice-prompted turn-by-turn directions along the way. If a turn is missed en route, Garmin Mobile automatically recalculates the route based on the user’s current location. Map data is provided by NAVTEQ – a world leader in premium-quality mapping.
March 31, 2008
Garmin Mobile™ Application To Offer New Features On BlackBerry, Symbian and Windows Mobile Smartphones
Garmin International Inc., a unit of Garmin Ltd. announced today upgrades to Garmin Mobile that include a new user-friendly interface and Google Local™ search. These upgrades will be available on a variety of handsets and platforms including BlackBerry, Symbian and Windows Mobile smartphones. These new features are in addition to a long list of rich features and real-time content included with Garmin Mobile’s current subscription based service that includes turn-by-turn, voice prompted directions, as well as traffic, weather conditions and forecasts, fuel prices and more. Garmin will display the Garmin Mobile enhancements at its CTIA Wireless trade show booth (#6639) in Las Vegas, Nevada, April 1-3, 2008.
Garmin Mobile™ Turns nTelos Phones into GPS Navigators
Garmin International Inc., a unit of Garmin Ltd and nTelos Wireless, a leading provider of wireless voice and data services, announced today that nTelos customers can now begin navigating with Garmin Mobile. This announcement also marks Garmin Mobile compatibility with BREW enabled devices. Garmin will display Garmin Mobile on an nTelos handset at its CTIA Wireless trade show booth (#6639) in Las Vegas, Nevada, April 1-3, 2008
March 26, 2008
Garmin® GPSMAP® 495: A Feature Rich, Great Value GPS for Pilots
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today the GPSMAP 495, a portable aviation device designed for pilots who want many of the same features as the popular GPSMAP 496 at a fraction of the cost. The GPSMAP 495 includes Garmin’s SafeTaxi® airport diagrams, Garmin’s Smart Airspace, AOPA’s Airport Directory data, enhanced high-resolution terrain database, aviation database with private airports and heliports, accelerated GPS update rate, and European VFR reporting waypoints. The GPSMAP 495 incorporates the same, higher resolution terrain database found on the GPSMAP 496. The land graphics have over ten times as much data as other Garmin handhelds and vividly display proximity hazards. In aviation mode, pilots have the benefit of terrain and obstacle alerting, pop-up alerts, and customizable minimum clearance limits that give audible terrain alerts at specified altitudes. Pilots will also appreciate Garmin’s Smart Airspace feature that automatically highlights airspace close to the pilot’s current altitude and de-emphasizes airspace away from the current altitude.
March 04, 2008
Garmin® Introduces Enhanced nüvi® 2x5 Series, Bringing More Features, Options to Affordable Navigation
Garmin International Inc., a unit of Garmin Ltd. today announced the next evolution of the nüvi 200 series, the entry-level favorites in Garmin’s popular nüvi line. The low-priced nüvi 2x5 models, a family of new products introduced at CeBIT, improve upon the features of their 200-series predecessors while providing the opportunity to add top-of-the-line features such as improved mapping and routing features, faster satellite acquisition, navigation by photos, FM traffic updates or dynamic content from MSN Direct.
February 22, 2008
Garmin® Avionics Stack Available Soon on MD Helicopter Fleet
Garmin International, Inc., a unit of Garmin Ltd. today announced that MD Helicopters Inc. has selected Garmin panel mount products as the standard avionics package for its current production aircraft including the MD 600N, MD 520N, MD 530F and MD 500E. This announcement was made in conjunction with the Heli-Expo trade show, the world’s largest event dedicated to the international helicopter community. The new MD Helicopters avionics panel will include Garmin’s GMA 347 audio panel, GNS 430W all-in-one GPS/NAV/COM, SL 40 NAV/COM transceiver, and GTX 328 Mode S Transponder. The panel will also include Garmin’s GI 106 course deviation indicator (CDI), and GAE 43, a 35,000-foot encoder. Initial deliveries of MD Helicopters with Garmin Avionics are expected with newly signed purchase agreements in 2008.
February 11, 2008
Garmin® nüvifone™ Takes Center Stage at GSMA Mobile World Congress
Garmin International Inc., a unit of Garmin Ltd today announced that the nüvifone will be on display at its GSMA Mobile World Congress booth in Barcelona, Spain, February 11-14. Trade show attendees are encouraged to visit Garmin’s booth (Hall 7, #7C37) to see the nüvifone and Garmin’s other industry-leading mobile phone navigation technologies. The nüvifone is the first touchscreen device to integrate a mobile phone, premium web browser and personal navigator. It is a quad-band GSM mobile phone with UMTS, which is compatible with the latest in 3.5G networks around the world. Designed for high speed downlink packet access (HSDPA), nüvifone supports the highest download speeds offered by 3G mobile networks. The nüvifone also includes Wi-Fi and Bluetooth connectivity.
February 06, 2008
Garmin Delivers Navigation for Ford Commercial Vehicles
Garmin International Inc., a unit of Garmin Ltd. today announced that its navigation technology will be available in Ford’s new 2009 F-150, F-Series Super Duty pickups, and commercial E-Series vans, designed to make business owners more productive and successful. The relationship was announced today at the 2008 Chicago Auto Show. Garmin will provide the navigation component for Ford Work Solutions, a collection of affordable technologies –including four industry-first features – that will provide Ford customers connectivity, flexibility and security to better run key aspects of their business – from their Ford Truck, even on the job site.
