Corporate
November 7, 2006
Garmin® enters LBS Platform Market with Garmin LBS Toolkit™
Garmin’s navigation API being adapted by Xora and Agilis for fleet management
OLATHE, Kansas/November 7, 2006/PR Newswire — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced the availability of the Garmin LBS Toolkit, a flexible location-based service platform that can serve as the engine behind third party LBS applications. The Garmin LBS Toolkit incorporates Garmin’s proven navigation API, local search, real-time content delivery services, and mobile advertising delivery services, into one powerful platform.
“This announcement marks the launch of our broader LBS strategy by opening up our LBS technology to third party application developers around the world,” said Charles Morse, Garmin’s director of mobile and PND marketing. “Adding Garmin’s LBS Toolkit to mobile applications can enhance the value and utility of virtually any location aware mobile application, from enterprise and fleet management, real estate, medical, family tracking, pedestrian, automotive, local search, and many others.”
The launch customers for Garmin LBS Toolkits are Xora and Agilis leading GPS tracking and mobile resource management software providers. These companies will leverage Garmin’s navigation API to deliver turn-by-turn navigation experience to mobile workers, thus further improving their productivity. Thanks to the Garmin LBS Toolkit, mobile workers can enter a specific street address into their mobile phone and receive turn-by-turn, text-to-speech, voice prompted directions to their destination. If a driver misses a turn, Garmin’s navigation technology will automatically recalculate a new route to the destination. In addition, the mobile worker’s office can dispatch the worker to the next service location by sending a destination to the phone, which the worker can accept and route to with the push of a button.
The Garmin LBS Toolkit is a proven technology platform currently in use in Garmin MobileTM, a feature-rich consumer application delivering maps, turn-by-turn navigation, and dynamic content such as Weather, Traffic, and Gas Prices on select handsets.
About Garmin International Inc.
Garmin International Inc. is a member of the Garmin Ltd. (Nasdaq: GRMN) group of companies, which designs and manufactures navigation, communication and information devices - most of which are enabled by GPS technology. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, 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 Garmin LBS Toolkit and Garmin Mobile are trademarks of Garmin Ltd. or its subsidiaries. Anticipated product availability dates are based on management's current expectations and are not guaranteed.
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 and expected product availability dates 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 31, 2005 filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin’s Form 10-K can be downloaded 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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