|
May 1, 2002
Garmin Patents Location-Reporting Feature
on RINO Radios
CAYMAN ISLANDS/May 1, 2002/PR Newswire Garmin Ltd.
(Nasdaq: GRMN) today announced that the companys subsidiary,
Garmin Corp., has been granted U.S. Patent No. 6,373,430 for
an invention that covers the "peer-to-peer position reporting"
feature on the companys soon-to-be-released RINO product
line of GPS-enabled, two-way radios. The patent covers a portable
device that combines GPS and radio technologies that enable
the device to transmit its position to another such device,
and a system and method for indicating the location of one
portable GPS/radio device on the display of another portable
GPS/radio. As of April 30, Garmin Ltd. and its subsidiaries
have been issued 67 U.S. patents and have 96 U.S. patent applications
pending.
"We have long believed in the ability of GPS technology
to deliver potential life-saving capabilities and our RINO
products are an extension of that belief," said Dr. Min
Kao, co-CEO and co-chairman of Garmin Ltd. "Our success
has been the result of a committed investment in the research
and development of new technologies and new products and this
patent is further evidence of our leadership and innovation."
The RINO (Radios Integrated with Navigation for the Outdoors)
radios combine Garmins proven GPS technology with popular
two-way voice communications on the Family Radio Service (FRS)
and General Mobile Radio Service (GMRS). The radios have standard
FRS/GMRS features (22 channels, 38 squelch codes and external
voice activation) and versatile GPS navigation capabilities
(12-channel WAAS-enabled receiver, multiple grid formats,
storage for 500 waypoints, 20 reversible routes, trip computer,
and stopwatch functions). And the RINO radios are the only
FRS/GMRS radios that are waterproof. The base model (RINO
110) offers basic two-way voice communications and GPS features.
The upscale version (RINO 120) adds a voice scrambler, vibrating
silent-call option, a basemap of North and South America with
highways and lakes, and 8 MB of internal memory for downloading
detailed electronic map data from Garmins exclusive
MapSource CD-ROM products.
The patent covers the "peer-to-peer position reporting"
feature on the RINO radios which is made possible by
the combination of GPS and two-way radio technologies. So
at the touch of a button, you can transmit your position over
the FRS spectrum (two-mile range) to a friends RINO.
Your precise location is then displayed on your friends
RINO, including distance and bearing from his or her position
to yours creating a useful feature to round up a family
at an amusement park or efficiently rescue someone in an outdoor
emergency.
The first RINO products the RINO
110 and RINO 120
are both expected to be available this summer and have suggested
retail prices of $194.27 and $267.84, respectively.
About Garmin:
Through Garmin Ltd.s operating subsidiaries, the
company designs and manufactures navigation, communication
and information devices most of which are enabled by
Global Positioning System (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 the Investor Relations site of Garmin Ltd. at www.garmin.com
or contact the Investor Relations department at 913-397-8200.
GARMIN is a registered trademark, and Rino and MapSource are
trademarks of Garmin Ltd. or its subsidiaries.
Notice on forward-looking statements:
This release includes projections and other forward-looking
statements regarding Garmin Ltd. and its business. Any statements
regarding the companys future financial position, revenues,
earnings, product introductions, plans and objectives are
forward-looking statements. The forward-looking events and
circumstances discussed in this release may not occur and
actual results could differ materially as a result of risk
factors affecting Garmin. Information concerning risk factors
that could affect Garmins actual results is contained
in the Annual Report on Form 10-K for the year ended December
29, 2001 filed by Garmin with the Securities and Exchange
Commission (Commission file number 0-31983). A copy of Garmins
Form 10-K can be downloaded from http://www.garmin.com/aboutGarmin/invRelations/finReports.html.
|