Garmin® Increases Its Marine OEM Presence
EdgeWater Power Boats to offer Garmin Equipment Onboard
MIAMI–(BUSINESS WIRE)–Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that EdgeWater Power Boats has selected Garmin marine electronics to outfit their full range of power boats. With dependable performance and a rugged, reliable reputation, Garmin now offers a full suite of electronics to outfit yachts well over 70-feet, and are announcing this new OEM partnership in conjunction with the Miami International Boat Show (booth #1689).
“Garmin is pleased to work with a quality builder such as EdgeWater, to offer its customers a full marine electronics suite that will compliment the purchase of their new boat,” said Greg DeVries, Garmin’s director of marine sales and marketing. “This transaction strengthens Garmin’s growing position as a leading marine electronics supplier.”
EdgeWater will be debuting its 335 Express at the 2009 Miami International Boat Show, which will offer customers an electronics suite that includes Garmin’s revolutionary 15” touchscreen color chartplotter that lets boaters intuitively see and select the information they want, while eliminating the clutter they don’t want. The 33’ Express electronics package will also include Garmin’s GHP™ 10 Autopilot with its patented Shadow Drive™ technology, high-definition radar, digital sounder module and XM satellite weather/audio antenna for the ultimate in situational awareness. For more information, visit www.garmin.com or www.ewboats.com.
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 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 GHP and Shadow Drive 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 29, 2007, and the Quarterly Report on Form 10-Q for the quarter ended September 27, 2008, 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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